News | advice | area guide

Rockstar Energy Drink Billionaire Russ Weiner Rocking and Rolling in Real Estate

Billionaire Russell Weiner, who made his fortune on Rockstar energy drinks,  has found a new way to get a buzz—buying and selling mansions.

The founder of the energy drink company is currently selling three luxury properties on two coasts.

In Miami Beach, the entrepreneur has listed a Balinese-style mansion for $35 million. In 2016, Weiner purchased the home, which was built in 2013, for $19,950,300.

With over 9,000 square feet on a lushly manicured lot, the gated property leads to a two-story home with high ceilings, six bedrooms, and nine bathrooms. Outside, you’ll find a massive resort-style pool, an eight-person hot tub, and a cold plunge. 

The private dock can accommodate a yacht of up to 150 foot, and comes with a boat lift and four-ski Jet Ski lift with a swim platform. The coastal estate includes a rooftop deck, a wine cellar, as well as an outdoor oasis. On the 1-acre grounds, there are covered loggias, an outdoor barbecue with outside dining, lawns, and exotic landscaping. 

According to press details provided by the listing agent, Brett Harris of Douglas Elliman, Weiner has dabbled in real estate investments throughout the country, including Miami Beach, Delray Beach, Beverly Hills, and Hermosa Beach.

The standout features and locale of the Miami Beach home caught Weiner’s eye. “The property sits on a rare, 50,000-square-foot lot with lush landscaping and 175 feet of water frontage, with a massive backyard and resort-style pool,” says Harris.

Weiner is also selling a residence in Delray Beach known as “Pelican Estate.” According to the Miami Herald, it’s on the market for a whopping $36.1 million. He bought the property for $11.6 million in 2009, and it includes a tennis court, pool and spa, and 12-car garage. If both the Florida homes sell for their sky-high asking prices, the founder of Rockstar will be a real estate rock star, with the chance of clearing more than $70 million.

On the West Coast, Weiner recently picked up a contemporary estate in Los Angeles. He paid $16,515,000 for the pad in August, and then quickly put it back on the market earlier this month, hiking the price up to $28 million.

Built in 2015, the glamorous residence offers 12,530 square feet of interior space, including multiple living rooms, a designer kitchen, home theater, gym, outdoor kitchen, wine cellar, elevator, home office, and staff quarters. Along with a plush, 2,000-square-foot master bedroom suite, the property includes a 2,500-square-foot car collector’s garage.

The 49-year-old founded his company, Rockstar, in 2001, with the idea of serving the beverage in a 16-ounce “tall boy” can. He made Forbes’ list of billionaires in 2019, with a net worth of $4 billion.

The post Rockstar Energy Drink Billionaire Russ Weiner Rocking and Rolling in Real Estate appeared first on Real Estate News & Insights | realtor.com®.

Source: Real Estate News and Advice – realtor.com » Real Estate News