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TexasTowelie

(112,399 posts)
Sun Nov 19, 2017, 04:07 PM Nov 2017

Bankrupt Dallas billionaire Sam Wyly's Highland Park mansion is sold

A historic Highland Park estate has changed hands, just months after the mansion hit the market.

The Tudor-style mansion on Beverly Drive was previously the home of Dallas businessman Sam Wyly.

The 7,579-square-foot, five-bedroom home across from Dallas Country Club came on the market this summer for $12.5 million. Top North Texas real estate agent Allie Beth Allman just closed the sale.

County deed records show that the home — built in the early 1920s — was purchased by a trust represented by Dallas mergers and acquisitions attorney Brian Lidji. The sales price was not disclosed.

Read more: https://www.dallasnews.com/business/real-estate/2017/11/13/historic-highland-park-mansion-changes-hands

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Bankrupt Dallas billionaire Sam Wyly's Highland Park mansion is sold (Original Post) TexasTowelie Nov 2017 OP
Well, shucks - the place only has... 3catwoman3 Nov 2017 #1
how can a billionaire be bankrupt? dawg day Nov 2017 #2
Former billionaire. TexasTowelie Nov 2017 #3

3catwoman3

(24,038 posts)
1. Well, shucks - the place only has...
Sun Nov 19, 2017, 05:39 PM
Nov 2017

...4 bathrooms! Our 2700 sq ft house has 3. For $12.5, I want at least 6.

Do go on the link. The master bathroom looks about as big as our whole house.

dawg day

(7,947 posts)
2. how can a billionaire be bankrupt?
Sun Nov 19, 2017, 06:14 PM
Nov 2017

This sounds like one of those Trump "billionaires"-- that is, only in his own mind. If Trump, for example, really was a billionaire, he wouldn't hesitate to bail his son-in-law out of that 666 deal. Well, I forget that Trump is so selfish, he probably would snatch pennies out of his kids' piggybanks. But these guys sure don't seem like billionaires. They seem like deadbeats living from one month to the next.

TexasTowelie

(112,399 posts)
3. Former billionaire.
Sun Nov 19, 2017, 06:33 PM
Nov 2017

Found guilty of securities violations and stowing money in offshore tax structures to evade taxes.

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