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Showing posts from March, 2017

Michael Jackson's Neverland Is a Bargain

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It might not be a bargain but Michael Jackson’s Neverland, sans Michael’s menagerie of animals and carnival rides, is now much more affordable. First put on the market in 2015 with an asking price of $100 million, it has been relisted at $67 million for its 2,700 acres, lakeside mansion, sports courts, guest houses and famous floral clock.


Designed in 1982 by Robert Altevers, the main house at 12,000 square feet has rooms of large scale containing formal rooms, fireplaces, a comfortable but commercially functioning eat-in kitchen, hardwood floors from an 18th-century French villa, six bedrooms including a master suite complex on two levels with fireplace in sitting room, two large baths and cedar walk-in closets, one with a hidden safe room. There is a four-bedroom guesthouse, a two-bedroom guesthouse, a free-form swimming pool, large covered barbecue area, basketball court, tennis court, 50-seat movie theater with private balcony and stage, and a four-acre lake with waterfall. Long d…

Billionaire Warren Buffett's Beach House is for Sale

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Turned down by Harvard? Don’t feel bad. So was Warren Buffett, head of Berkshire Hathaway. But it wasn’t a death knell to his spirit or cause him to realign his goals. Like most successful people, he forged ahead.

While most people never have the epiphany that tells us what to do with our lives, Warren Buffett’s light bulb came on at the age of ten. While at lunch with his father who was a member of the New York Stock Exchange, something in their conversation lit that elusive spark that made young Buffet realize that his goal would revolve around money.

By the time he was eleven and his classmates’ main concern was who would be first up to bat at the recess baseball game, Warren made his first investment in shares of Cities Service Preferred at $38 each. Never wavering from his goal, he was bringing in almost $200 a month as a teenager in the 1940s (more than his teachers were making) by working every job he could find, including door-to-door sales and cleaning cars, for more investm…