Billionaire Randal Kirk sells Manalapan estate for $63M after slashing price

by Kate Hinsche

Billionaire Randal Kirk sold his ocean-to-lake Manalapan estate for less than half of the $134 million he listed it for in September. Records show Kirk sold the mansion at 820 South Ocean Boulevard to Westview Holdings, a Delaware LLC for $62.5 million. The true buyer is hidden. Margit Brandt with Premier Estate Properties had the listing, and Gary Pohrer with Serhant brought the buyer. Kirk is a biotech magnate and the founder of the private equity firm Third Security. Forbes estimates his net worth at $2 billion. He listed the estate for $134 million last year and dropped the price […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
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