April 29, 2011
The Globe and Mail is reporting that Conrad Black sold his ocean-front Palm Beach, Florida mansion yesterday for $23.1 million (USD).
The 21,000 square foot home has been in control of an American financial firm since last September.
The house, which sits on more than three acres of land, has five bedrooms, six bathrooms, a tennis court, pool, movie theatre and exercise room.
According to the Globe, Lord Black and his wife, the former journalist, Ameil Black, bought the property in 1997 for just under $10 million. He used it to secure his $20 million bail after being charged with obstruction of justice and fraud in 2005.
He still has a home in Toronto. Nice to know we still have a place in his heart.