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Marjorie Merriweather Post built Mar-a-Lago as her winter home in Palm Beach, Florida, in 1927. Donald Trump bought Mar-a-Lago in 1985. Go to newsletter preferences Thanks for signing up! AdvertisementBefore former President Donald Trump owned Mar-a-Lago, it belonged to the richest woman in the US. Marjorie Merriweather Post, heiress to her father's Post cereal fortune, built the Palm Beach, Florida, estate as her winter home.
Persons: Marjorie Merriweather, Donald Trump, , Marjorie Merriweather Post, Topridge Organizations: Mar, Service, Construction, Business Locations: Palm Beach , Florida, Lago, Beach , Florida, Hillwood, Washington ,, Upstate New York
Hillwood Estate was the home of breakfast-cereal heiress Marjorie Merriweather Post. Hillwood was Post's fall and spring home — she built Mar-a-Lago and lived there during the winter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMarjorie Merriweather Post was once known as America's richest woman, with an estimated net worth of $250 million — around $1.8 billion today when adjusted for inflation. This story is available exclusively to Business Insider subscribers.
Persons: Marjorie Merriweather Post, Hillwood, Organizations: Service, Post, General Foods Corporation, Maxwell, Business Locations: Hillwood, France, Russia
The commercial real estate sector is at risk of a recession, warned Ross Perot Jr. The real estate billionaire said banks needed to lend to the industry to avoid a sharp downturn. "The key to commercial real estate today though will be banking," the real estate billionaire and son of two-time presidential candidate Ross Perot told Bloomberg on Wednesday. Several commentators including Elon Musk and Bill Ackman have sounded the alarm on commercial real estate in recent weeks. "That is why we will have a real estate recession if the banks do not start lending."
Persons: Ross Perot Jr, , Ross Perot, Elon Musk, Bill Ackman, stoking, Hillwood Organizations: Service, Bloomberg, Silicon Valley Bank, Signature Bank, First, Perot Jr, Perot Locations: Silicon, First Republic,
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