Skip to main content

Man Sues Realtors After Finding Jeff Bezos Bought His Home For Less Price

A Brazilian businessman alleges a realtor deceived him into selling his Miami Beach mansion for $6 million lower than its true worth to Amazon Boss Jeff Bezos and is now suing him, according to a lawsuit reported reported by The Wall Street Journal. Leo Kryss, one of the founders of the Brazilian toy and electronics company Tectoy, claims the real estate company Douglas Elliman told him that a prospective buyer for his house in exclusive Indian Creek Village won't pay more than $79 million. Mr Kryss had listed the seven-bedroom, 11 1/2-bathroom mansion, covering 19,000 square feet, for $85 million. 

Now Kryss is suing Elliman for the $6 million he believes he forfeited by not realizing Bezos was the buyer, according to people familiar with the matter, according to The WSJ.

The lawsuit filed in July by Kryss said that he asked Douglas Elliman CEO Jay Parker if the interested buyer was the world's second richest man, Amazon founder Jeff Bezos. Parker allegedly let him know that Bezos had nothing to do with it. Later on, in fact, Kryss would agree to sell the mansion for $79 million, unconscious of the fact that Bezos was indeed the buyer, according to the complaint.

The legal dispute highlights the significance of transparency in high-profile real estate deals. At the moment, Kryss is suing them over fraud allegations by the real estate firm.

"Wealthy individuals often shield their identities throughout the process of purchasing a home, from the initial showing through the closing," Miami real estate agent Danny Hertzberg told WSJ. "Many billionaires, when they're purchasing a property, are concerned that when the seller knows their identity, they're going to want a larger number," he said.

In February of last year, Bezos announced his move to Miami from Seattle. He now owns more than four bayfront acres on Indian Creek Island, a gated community sometimes referred to as the Billionaire Bunker. The island has drawn well-known residents, including Tom Brady, Jared Kushner, and Ivanka Trump.



from NDTV News- Special https://ift.tt/hWgfm13
Labels:

Comments

Post a Comment

Popular posts from this blog

All About The 'Benadryl Challenge' That Claimed The Life Of A US Teen

A 13-year-old boy from Ohio, US tragically died after overdosing on over-the-counter medication while attempting a viral TikTok trend, New York Post reported. The teenager died after ingesting 12 to 14 pills of Benadryl, an antihistamine as part of the 'Benadryl Challenge' on the social media platform TikTok. What is the 'Benadryl Challenge'? 'Benadryl Challenge', encourages its users to take dangerous amounts of the over-the-counter-drug diphenhydramine, commonly found in products like Benadryl and other OTC medications. The challenge, which particularly targets teenagers, urges them to take 12-14 pills at a time to induce hallucinations. Participants then record the whole ordeal on TikTok to share their hallucinating experience online.  The stunt became popular around 2020 when teenagers uploaded their attempts on TikTok, a report by the  New York Post  said.  Notably, Benadryl contains diphenhydramine, an antihistamine that temporarily relieves symptoms
Post a Comment
Read more

"Major Crisis" In Tech Industry: Israel PM On Silicon Valley Bank Collapse

Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry. "I am closely monitoring the collapse of the American investment bank, Silicon Valley Bank, which has led to a major crisis in the high-tech world," tweeted the Prime Minister of Israel. Netanyahu said that he's been in touch with senior Israeli tech figures following the collapse of Silicon Valley Bank in the United States. "If necessary, out of responsibility to Israeli high-tech companies and employees, we will take steps to assist the Israeli companies, whose center of activity is in Israel, to weather the cash-flow crisis that has been created for them due to the turmoil," he tweeted. Meanwhile, Netanyahu said that the Israeli economy is strong and stable, adding "which finds expression in this crisis as well." Netanyahu, who is in Rome fo
Post a Comment
Read more