Fox News founder Roger Ailes, who resigned from the company in July over sexual harassment allegations, just plopped a huge chunk of his $40 million payout on this incredible oceanfront Palm Beach mansion, per Daily Mail, which also reports the home could help protect his money in accordance with Florida law:
And the breathtaking modern-style beachfront house could become a way for Ailes to shield a part of his personal fortune from future sexual harassment lawsuits like those already brought by at least two former Fox News anchorwomen, Gretchen Carlson and Andrea Tantaros.
In Florida, courts cannot force the sale of someone's home to pay off judgments, and troubled tycoons have routinely used the state's law to invest in real estate.
The purchase has been very hush-hush on the island,' said a law source in Miami. 'He's been looking for real estate in South Florida very aggressively because he is worried about getting hit with a huge judgment.
Purchased for $36 million, the 10,156-square-foot home has six bedrooms, ten bathrooms, and was built in 2015.
It listed for $42 million in March.