Bringing Down The House

It must be nice to be rich. It's even nicer to be rich off of someone else's money. Elin Nordegren, Tiger Woods' ex, walked away from their marriage with $100 million dollars. What better way to spend her money than to buy a $12.3 million dollar home in Palm Beach, FL. No big deal right? Well, after she bought the home, she then paid a demolition company to demolish it and take it down.

Yep. Elin didn't pay $12.3 million because she wanted the home. She paid $12.3 million because she wanted the property. She will eventually build her own home there (which I'm guessing will be some where between $15-$20 million dollars to fit in with the neighbors). The Palm Beach Post newspaper reports the mansion that was destroyed was a two-story, 17,000-square-foot-home built in 1932. Maybe Elin thought that bringing down the house was the best thing to do for a home built in the 1930's. Maybe she's been watching HGTV and had some newer ideas.

So, what do you think? Is this blowing money? Because a person has $100 million (and is dating a Wall Street guy now), does that make it okay to pay $12.3 million to tear down a home because she likes the neighborhood? Couldn't she have just found some where else to build her dream crib?


What's your take on this? Big deal or not?

Before

After

SN: Thanks to Vinny C for bestowing the "Overlord Award" on me! Now all of you are under my command! Bwu-ha-ha-ha-haaaaa!

:)