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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
FinanceHousing

The most expensive home ever sold in Tampa Bay is about to be demolished

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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September 16, 2022, 12:13 PM ET
Derek Jeter
A home built by Derek Jeter that sold for $22.5 million could be demolished.Matthew Eisman—Getty Images
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Last year, Derek Jeter sold his home in Tampa for a record-setting $22.5 million. The 22,796-square-foot, seven-bedroom, 16-bath property sits on 1.25 acres and includes a wine cellar, a movie theater, and a gym.

And the new owner is tearing it all down.

A commercial demolition permit has been filed for the property, which was built in 2011 and was, at one point, rented by Tampa Bay Buccaneers quarterback Tom Brady.

The new owner is a trust, run by a local lawyer, according to the Tampa Bay Times. The deed mentions the Zebb.com Trust, which seems tied to a cryptocurrency app allowing people to invest Indian rupees into Bitcoin.

Assuming the demolition goes through, it’s hard to imagine what the new owner might want to add that’s not already in the house. Aside from the above-listed amenities, it also includes an in-law suite, an au pair wing, an air-conditioned six-car garage, a dock with two boat lifts, an 80-foot lap pool and heated spa, and 9,000 square feet of covered porches and balconies.

And if they are looking for privacy, the house is surrounded by a six-foot wall and a four-foot fence.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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