The deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin’s purchase of four parcels for $129.6 million in 2013.

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

Billionaire and executive chairman of Estée Lauder Companies William Lauder has bought Rush Limbaugh’s longtime Palm Beach estate for a record $155 million, The Wall Street Journal reported, making it the priciest deal to close in the wealthy Florida enclave.

Limbaugh, the conservative talk-radio icon who died in 2021, purchased the 2.7-acre waterfront property for $3.9 million in 1998, according to records. The estate, located on the swanky North Ocean Boulevard, features multiple houses, 250 feet of ocean frontage and direct access to the beach.

Other property sales in the area that have come close in price include hedge funder Ken Griffin’s purchase of four parcels for $129.6 million in 2013 and private-equity exec Scott Shleifer’s purchase of an oceanfront property for $122.7 million in 2021. Oracle co-founder Larry Ellison also purchased a $173 million home in neighboring Manalapan in 2022.

Lauder recently listed two parcels in Palm Beach with about 360 feet of ocean frontage for a combined price of $200 million. One parcel was purchased for about $25.4 million in 2020 and the other for an undisclosed price in 2021. The houses that had been on each of the lots were demolished.

Lauder also listed a property on New York’s Park Avenue for $45 million in 2019 but subsequently took it off the market.

Limbaugh’s estate was put on the market in 2022 by a trust linked to the late talk show host’s widow, Kathryn Adams Limbaugh, with an ask between $150 to $175 million, according to The WSJ’s sources.

Limbaugh largely decorated the estate’s 24,000-square-foot main house himself, according to the Limbaugh biography An Army of One by Zev Chafets. The West Indies-style home includes a salon modeled on Versailles and a dining room chandelier that’s a replica of the one in New York’s Plaza Hotel.

Get Inman’s Luxury Lens Newsletter delivered right to your inbox. A weekly deep dive into the biggest news in the world of high-end real estate delivered every Friday. Click here to subscribe.

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription