Billionaire sells penthouse in New York for 165.7 million euros – He bought it for half

The values ​​of real estate in the so-called “street of billionaires” in Manhattan of New York have been launched in recent years and the owners are trying to take advantage of the times. For example o Daniel Oh. Billionaire businessman converted it penthouse in one of his best investments: he sold it for 165.7 million euros, while two years ago he bought it for 81.5 million euros.

This is one of the highest real estate sales prices in the history of real estate New York, the amount given for the penthouse of four rooms overlooking the Central Park, as reported by the newspaper «Wall Street Journal».

The 900 sqm apartment, located in the residential skyscraper 220 Central Park South in his heart Manhattan, was already one of the most expensive home sales ever made in New York, when he bought it Oh in 2019, according to the post, which notes that the name of the new buyer has not been made known.

The 61-year-old Oh has property valued, according to Forbes, about 3.5 billion euros. He is the founder of the investment company based in New York, Och-Ziff Capital Management, which changed its name in September 2019 and was renamed Sculptor following a bribery scandal in which he was directly involved Oh.

In 2016, the company paid $ 413 million to settle allegations that it bribed officials in DR Congo, the Libya and other African countries. According to American Securities and Exchange Commission, The Oh was personally involved in the corruption case after ordering two illegal transactions in DR Congo.

When he bought the penthouse at 220 Central Park South in 2019 had already changed place of permanent residence for tax purposes having been transferred to Florida but planned to use this apartment in New York as a casual residence, according to the post.