29 Mar '13, 5pm

UPDATE: Teddy Forstmann

UPDATE: Teddy Forstmann

SELLER: Estate of Teddy Forstmann LOCATION: Southampton, NY PRICE: $28,500,000 SIZE: 8,600 square feet, 6 bedrooms, 6.5 bathrooms YOUR MAMAS NOTES: Just six short months after being diagnosed (and treated at the Mayo Clinic) for brain cancer, jet setting private equity pioneer and fearsome corporate raider Teddy Forstmann went to meet the great financier in the sky in mid-November 2011 at 71 years old. He left a fulsome fortune frequently reported to be well in excess of $1.5 billion. The dashing, demanding and quixotic Mister Forstmann, who maintained a rakish mane of gray hair to the very end, never married but he did adopt two sons from an orphanage in South Africa in 1990 and was well known in upper crust social circles as a suave fella who dated gorgeous, high profile women. He squired Princess Diana in the mid 1990s and some reports suggest that at the time she peris...

Full article: http://realestalker.blogspot.com/2013/03/update-teddy-for...

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