The garage can hold 100 cars. Latest Current News: U.S., World, Entertainment, Health, …, 11 crazy facts about junk bond billionaire Ira Rennert's $248 million Hamptons mansion » GeoFront Capital Group, 11 crazy facts about junk bond billionaire Ira Rennert’s $248 million Hamptons mansion | Allmin.ed, The Most Expensive Homes In Finance, Ranked! Rennert is reportedly worth around $5.4 billion, the majority of which he made in the junk bond market in the 1980s. "[5], Michael Milken —as a bond trader for Drexel Burnham Lambert—was successful selling high-risk, high-yield bonds issued by struggling or undercapitalized companies. Jeff Cully/EEFAS Ira Rennert's House of Debt How leverage made millions for a tarnished financier--and investors lost out February 17, 2003, 12:00 AM EST

EPA and MDNR are also working with Doe Run to address soil recontamination of residences near the smelter and contamination along city haul routes.

Jeff Cully/EEFAS Junk bond billionaire Ira Rennert has a massive house in the Hamptons. The mansion has its own 164-seat theater. Representatives of a now-defunct mining business he used to own claimed he looted the company to build it, and in late February he was ordered to pay back at least $118 million in damages. Ira Leon Rennert (born May 31, 1934) is an American billionaire businessman, and the chairman and CEO of Renco Group. [20] and won an MEP award in 2006 for Environmental Consciousness. This page was last edited on 22 October 2020, at 19:13. Featuring 110,000 square feet of space, 29 bedrooms, 39 bathrooms and enough space for an industrial strength helicopter, which has caused a stir between some of his neighbors recently. I can’t believe this “baffles” you??? The business mogul, who Forbes says is … In 2001, the Department of Justice filed suit against Magnesium Corp. for multiple violations of hazardous waste law, and also it cited Rennert's removal of money from Magnesium Corp. through the bond issue, "leaving the companies insolvent and unable to pay their bills". 4. These cookies will be stored in your browser only with your consent. Junk bond billionaire Ira Rennert has a massive house in the Hamptons. I cant believe that this house is worth that much, it is gorgeous but I could never live there far to big for me , hell ya my uncle lives there i visit him every weekend no lie. Amazing, my husband needs to get a better job, thats all I can say! Ha ha ha…. Ira has the money to do as he wishes with it, doesn’t matter how he earned it and it doesn’t matter how he spends it. There’s only one pie to feed the world, ok?

Big-Hearted Baron Ira Rennert Buys Daughters Spreads in 740 Park, 778 Park for $60 M.-Plus" By Max Abelson, New York Observer: "Schwarzman Redux: Manufacturing Exec Signs $18 Million Deal" by Deborah Schoeneman, "The Shmooze – Feuding Tycoons Attend Same Synagogue", "Battle of the bazillionaires: In a Hummer of a legal fight, Ron Perelman, Ira Rennert trade some nasty accusations", "An apology to Ira Rennert of Sagaponack", History of private equity and venture capital,, American people of Romanian-Jewish descent, New York University Stern School of Business alumni, Private equity and venture capital investors, People associated with the Madoff investment scandal, Articles with dead external links from April 2017, Articles with dead external links from September 2017, Articles with permanently dead external links, Articles with unsourced statements from May 2016, Articles with unsourced statements from July 2008, Creative Commons Attribution-ShareAlike License, Michael Shnayerson. Some of the comments here reflect pure envy. He received a Bachelor of Arts/Science from Brooklyn College and a Master of Business Administration from New York University. - City vs. City - Page 8 - City-Data Forum, Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. “It’s a question of principle.”. How many kids do these people have? We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits.
I’m curious about the ones who say “as a wealthy person” and then continue to criticize him for his use of money. .

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