Thursday, February 4, 2016

Robin Williams' Napa Vineyard Estate Sold $18.1 Million

“Robin Williams' Napa Estate”

When Robin Williams died in 2014, he left behind hundreds of friends, millions of fans, a long legacy of stand-up comedy, several classic movies and a home in the Napa Valley that has just sold after almost four years on the market. Robin built Villa Sorriso (Villa of Smiles) in the early 2000s while married to his second wife, Marsha Garces. They divorced in 2010 and he married Susan Schneider in 2011. With extensive marital debts and most of his big movie and television roles gone, Robin put the estate on the market in 2012 at $35 million. With no buyer, he took it off the market and relisted it several months later at $29.9 million. After his suicide in 2014, the home passed to his three children who lowered the price to $25.9 million and months later to $22.9 million. The vineyard estate recently sold for $18.1 million to French winemakers Alfred Tesseron and his niece Melanie Tesseron.

Villa Sorriso is located in the Mayacama Mountains, straddling the Napa and Sonoma Valleys, set majestically among 23 acres of vineyards and olive groves on 653 acres. Views over the valley are classic Napa and the land is blessed with a natural spring-fed fishing pond, groomed and landscaped grounds with tennis court, large infinity-edge pool, nine-stall horse barn and riding trails. There are over 100 olive trees which can produce 30-50 gallons of oil per year, approximately 18.4 acres of vineyards producing Cabernet Sauvignon, Merlot and Cabernet Franc wines. The three-level Mediterranean-style villa measures about 20,000 square feet with five bedrooms and eleven baths. It has a picturesque bell tower, a 12-seat theater, billiards room and climate-controlled cellars. The separate guest house includes four additional bedrooms.

Although Robin’s estate sold at a substantial discount from the original $35 million list, the value of Napa area boutique vineyards has fallen after surging during the early 2000s. NFL Hall of Famer Joe Montana tried to sell his 9,700-square-foot Montana Villa estate with 17 horse stalls, olive tree farm, moat and drawbridge in 2009 for $49 million, later reduced to $35 million in 2011 and taken off the market in 2012. The Robert Mondavi 11,900-square-foot home on 53 acres with guest house, pool and tennis courts went on the market in 2010 at $25.9 million but didn’t sell, eventually going to auction where it sold for less than the reserve price of $13.9 million.

The Tesserons own and operate Ch√Ęteau Pontet-Canet, a vineyard and winery in the Bordeaux region of France. With today’s trend of natural wine growing, the family turned their French vineyard into an organic operation using biodynamics from the 1920’s agricultural lectures of Rudolf Steiner. This more traditional method of wine making includes working the vines with horses instead of tractors and controlling pests without chemicals. With such huge success in France, it is likely they will go the same route with Villa Sorriso.
Robin Williams’ Napa vineyard retreat has sold for $18.1 million. The listing agents were Joyce Rey and Cyd Greer of Coldwell Banker Previews International.

Visit for more info and pictures about the Robin Williams house, along with famous and luxury condos and homes

Monday, January 25, 2016

Hugh Hefner's Playboy Mansion For Sale at $200 Million

Other than President Obama's White House, the Playboy Mansion is the most famous home in
the United States. The dream home for millions of teen boys, their fathers and grandfathers is now for sale at $200 million.
Chicago native and Playboy founder Hugh Hefner bought the 20,000-square-foot Los Angeles mansion on five acres in 1971 for $1.05 million and relocated full time from the original Playboy Mansion in Chicago in 1974. Built in 1927 for the son of Arthur Letts, who was the founder of Los Angeles department stores The Broadway and Bullocks, the home is located in the ritzy Holmby Hills neighborhood, an area that Letts kick-started in 1919 when he bought 400 acres of the Wolfskill Ranch. Neighbors include the Los Angels Country Club, UCLA and Beverly Hills.
Over the years, Hefner and Playboy Enterprises have spent millions of dollars to renovate, update and expand the estate which includes the 29-room mansion with six bedrooms and baths, a four-bedroom guest house, pool, tennis court, koi pond, catering kitchen, wine cellar with a secret door, gym, zoo facilities, theater with a built-in pipe organ, waterfall, four hot tubs, bathhouse and a grotto. Famous for years of celebrity parties, the home was a frequent star for television and movies including “Sex and the City,” “Beverly Hills Cop II,” “Entourage” and “ESPN Friday Night Fights.”
While the mansion may soon have a new owner, Hefner isn't going anywhere as it is being sold as a life estate meaning that Hef, age 89, will be able to continue living at the home for the rest of his life. According to the official listing, “The Playboy Mansion has been a creative center for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold.”
Hef's home has replaced the South Florida mansion Le Palais Royal asking $159 million as the most expensive listed single-family home in the United States. The Playboy Mansion selling agents are Mauricio Umansky of The Agency and Drew Fenton and Gary Gold of Hilton & Hyland.
Visit for more celebrity, famous and spectacular homes and real estate news.

Wednesday, January 13, 2016

Billionaire Ken Fisher Speaks about the Stock Market, Annuities, Terrorism, Climate Change, and Debt

(Reprinted courtesy of
The following fascinating interview was provided by Kenneth L. Fisher, head of the money management firm Fisher Investments, long time columnist for Forbes Magazine, billionaire, and author of numerous books. His latest book is Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently, which I highly recommend.

Ken Fisher
You may have seen him on TV commercials, or you may have spotted his magazine ads. If you are a reader of Forbes, you would definitely find his column. Fisher is on the Forbes 400 list of richest Americans and Forbes world billionaires list. According to Investment Advisor magazine, he is one of the 30 most influential people in the investment advisory business over the last 30 years. Fisher is considered to be the largest wealth manager in the United States.

We cover a lot in this interview, including:
  • Whether or not we are still in a bull market
  • What it means to be a true contrarian
  • What the professional forecasters are predicting for the stock market this year (and why they are probably wrong)
  • Using the Leading Economics Index to predict the next few months
  • The concept of "not in the next 30 months"
  • Positive and negative "Elephants in the Room"
  • Concerns about the future consequences of punishing good banks for bailing out bad banks
  • Annuities, terrorism, climate change, debt, and much, much more.
Books by Ken Fisher

Here are some other books by Ken Fisher, which are worth checking out:

The Only Three Questions That Still Count: Investing By Knowing What Others Don't
(A great companion to the Beat the Crowd book.)

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)
(This is actually my favorite book of his, maybe because it is so different from all the other finance books. It basically tells you ten ways, with all the steps, to get really rich, including "marrying a billionaire." Lot's of insight and lots of humor.)

Markets Never Forget (But People Do): How Your Memory Is Costing You Money and Why This Time Isn't Different

The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes

Debunkery: Learn It, Do It, and Profit from It-Seeing Through Wall Street's Money-Killing Myths

How to Smell a Rat: The Five Signs of Financial Fraud
(If you want to avoid getting ripped off, you really need to read this book.)

Other Books that Ken Fisher Recommends

In Chapter 8 of his Beat the Crowd book, he recommends several books for additional reading. Here are many of those books:

The Intelligent Investor: The Definitive Book on Value Investing

Common Stocks and Uncommon Profits

Reminiscences of a Stock Operator

Contrarian Investment Strategies: The Psychological Edge

Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street

That Which Is Seen and That Which Is Not Seen: The Unintended Consequences of Government Spending

How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy

Business Cycles

How to Lie with Statistics

A Monetary History of the United States, 1867-1960

Growth and Welfare in the American Past: A New Economic History
The Rational Optimist: How Prosperity Evolves

Senseless Panic: How Washington Failed America

The Interview

You will certainly enjoy all this great information that Ken Fisher provides.

To stream the interview, click:

You can download as an mp3 by right-clicking here and choosing "save as."

Let us know what you think about this interview by entering your comments in the comment section below.

All opinions are those of Ken Fisher, and do not represent the opinions of or the interviewer. Neither Stockerblog nor the interviewer nor the interviewee are rendering tax, legal, or investment advice in this interview.

Saturday, January 9, 2016

Andy Warhol Home Sells for Half the Price of His Expensive Paintings: $50 Million

Andy Warhol's Hamptons' beach home just sold for $50 million - about half the price that Warhol's most famous paintings sell. Warhol's home is featured this week at

“Andy Warhol Home Sells $50 Million”

Montauk, New York is celebrating its biggest estate sale ever after the closing on the 5.7-acre beachfront estate at $50 million that pop artist Andy Warhol bought in 1972 for $225,000.

The most recent owner of the compound was CEO of J. Crew, Mickey Drexler, who bought it in 2007 for $27 million. He listed it in 2015 for $85 million that included a 24-acre horse farm and equine center, which the buyer, Adam Lindemann, opted out of the purchase. Lindemann is the founder of the Venus Over Manhattan Gallery and a major collector of Warhol’s works making the property’s history especially significant for him.
Warhol’s first gig out of art school was as a fashion illustrator for several of the top women’s magazines. With the money acquired from his illustrations, he purchased a large loft on New York’s West Side and opened the Factory, where he turned toward creating industrial art. It wasn’t long before the Factory and Andy were attracting like-minded modernists from hippies to wannabe journalists and actors to drag queens and drug addicts. It was the start of New York’s avant-garde scene where Warhol held court. In addition to his painting, he branched out into music, film and journalism where he met Paul Morrissey who became the director of some of Warhol’s early films.

In 1972 when Warhol’s popularity and success were peaking, he and Morrissey decided to invest in property in the Hamptons and purchased the family fishing camp of the Church family of Arm & Hammer Baking Soda fame. The estate includes a 3,800-square-foot main house and five cottages completely hidden from public view with wide beaches and ocean views. Totaling almost 15,000 square feet with nine bedrooms and twelve baths, Drexler had it all meticulously restored by architect Thierry Despont.

Warhol’s stream of celebrity guests and renters put Montauk on the international map. Frequent guests included Liza Minnelli, Liz Taylor, John Lennon, Mick Jagger, Jackie Kennedy and Lee Radziwill. The parties were legendary and stories of happy days idled away on the Hamptons' beach are recounted in many celebrity biographies.

Even though the Warhol home sale set a record at $50 million, his most famous paintings such as “Eight Elvises” and “Silver Car Crash” have sold for $100 million and higher. The listing agent was Paul Brennan of Douglas Elliman Real Estate in Montauk, New York.

Visit for more spectacular homes and real estate news.  

Sunday, December 20, 2015

Gifts for Billionaire Dogs

You have a dog, and you only want to give your dog the best. And if you are a billionaire, you don't mind spending a few thousand on your pet.

Your dog deserves the best so here are the best of the best.

Your dog will really appreciate a Cape Cod Cozy Cottage Kennel Dog House, which is hand-crafted by the Amish in the United States. The price is a reasonable $5,671.07.

Your dog will look beautiful wearing a Tsavari 'Monarch' White Sapphire Dog Collar. This gorgeous Pearlized Mirabella lambskin collar features 48 carats of flawless white sapphires hand cut in 'Hearts and Arrows' and is available for $9,399.00.
You dog needs to sleep comfortably. Comfort Nest Memory Foam Bolster Dog Bed will provide the relaxation that your dog needs. The price is just $1,967.98.

You dog needs to say warm. Consider an East Side Collection Acrylic Spirit Dog Sweater for $978.81.

Finally, for those of you with little dogs, you need something fashionable to carry the pet. For $4,599, you can get a PetsLove High Quality Dog Carrier Dog Tote Bag.

May you dog have a happy holiday season!!!

Friday, December 18, 2015 2015 Christmas Gift List

You still have a few days left to do your shopping. Whether you are looking for presents for yourself or another person, there are plenty of moderately priced gifts available for the billionaire. Buy now before they are sold out.

1. It would be nice to own an original PeopleMover from Disneyland. Price just $471,000.

2. It's time for a Rolex Cosmograph Daytona Ice Blue Dial Platinum Mens Watch. Price only $57,000, marked down from %75,000.

3. Maybe you can start your own country on your own private island. The Rangyai Island located in Thailand, is available for only $160,000,000.

4. Diamonds are a girl's best friend, and blue sapphires may be a girl's second best friend. How about a Platinum Cushion Cut Blue Sapphire and Round Diamond Pendant for only $117,033, marked down from $234,066.

5.  Owning a two letter dot com domain name would be great. At $875,000, would have been a bargain.

6. How about this crib? The Scarface Mansion had a price drop of $23 million.

7.  If you are into guns, you should probably pick up Brigham Young's revolver. Stuff it in your stocking. $1,142,500.

8. If you are into cars, you could get Janis Joplin's 1964 Porsche 356C 1600 SC Cabriolet for $400,000.

9.  For the billionaire who has everything, there is Mozart's hair for $53,000.

10. Finally, for the billionaire who wants to become a trillionaire, you can get a genuine $100 trillion dollar bill from Zimbabwe.

Merry Christmas, Happy Hanukkah, and Happy Holidays!!!