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Hamptons.com
January 5, 2016

Five Billionaires And The Hamptons

T.J. Clementeby T.J. Clemente
in Real Estate
Home Real Estate

Billionaires and the Hamptons, the phrase flows together as natural as the waves that break all along the south shore beaches. Many times on those very beaches are the mansions of the very rich, who visit only when their busy schedules allow it. With private jet services always available, the very wealthy can be in Aspen, Rome, London, L.A. or Miami on their every whim.

Years back, the LIRR was used to ship out the belongings of wealthy families, like Henry Ford II preparing to spend the summer season in the Hamptons. Gentlemen played golf daily on National Golf Links of America, perhaps waving to the infamous Duke of Windsor, who always played there yearly. But times have changed.

I randomly picked 5 billionaires who champion the Hamptons, but the truth is I could have easily listed 20.

Michael Bloomberg calls “Ballyshear” home in the Hamptons. (Photo: Jimi Celeste/PMC)


1. Michael Bloomberg – Net Worth: $37.2 Billion (Forbes) When in 2010-2011 Michael Bloomberg (73) contracted to acquire (for around $20-plus million) “Ballyshear,” an estate designed by F. Burrill Hoffman Jr. in 1913 for National Golf Links of America founder Charles Blair Macdonald, the former New York City mayor spoke about his actions, saying that after years of quietly declining to be a Hamptons presence, he is now about to make big footprints in the region. But that has been his signature — whatever he does, he seems to do it with a determination to win. He jets all over the world but he can be seen with his children and grandchildren during the Hamptons Classic, every August.

George Soros. (Photo: Patrick McMullan/PatrickMcMullan.com)

2. Ronald Perelman – Net Worth: $14.5 Billion (Forbes) I first personally saw Mr. Perelman (73) lunching at the Blue Parrot in East Hampton with his daughter when I had a part time job there back in 2006. Now he is part owner of the place, however, his rise to billionaire status goes back to his acquisition of Revlon for over $300 million back in the 1980’s along with a host of other blockbuster deals. He purchased “The Creeks,” a mere 40 room home on Georgica Pond, designed in 1899 by the artists Adele and Albert Herter and has renamed it “Pres Choisis” (Creeks in French.) His annual summer party for the Apollo Theater is attended by the likes of Paul McCartney, Bill Clinton, Jon Bon Jovi and so many others who volunteer to play a few songs while Perelman plays the drums. It is usually the party of the summer in the Hamptons.

3. George Soros – Net Worth: $25.5 Billion (Forbes) Mr. Soros has reportedly made most of his fortune trading currencies. He is now 85 years old. His personal estate is in Southampton Village, however there are numerous mansions owned by the extended Soros families. I interviewed him at East Hampton’s Guild Hall for the 2009 Hamptons Institute and his guest was then newcomer to the financial scene, a Harvard professor named Elizabeth Warren (the current United States Senator from Massachusetts). She was amazing!

David Geffen at Lincoln Center’s David Geffen Hall Renaming Ceremony. (Photo: Clint Spaulding/PatrickMcMullan.com)


4. David Geffen – Net Worth: $6.9 Billion (Forbes) David (72) purchased the Hamptons mansion of former Time Warner CEO Steve Ross from Steve’s widow Courtney Sale Ross in 2014 for a reported $50 million. At the time of Geffen’s East End purchase, the neighboring home/estate was owned by Steven Spielberg, who actually bought the property on the urging of the dynamic Steve Ross (who passed away just before the 2000 presidential election). Geffen’s property is just steps from Georgica Beach. He made his fortune by managing talent, buying and founding and selling record labels, and being one of three founders of DreamWorks. I love the story Jackson Browne tells of calling his old friend/boss Geffen after it was announced that Geffen had amassed more than a billion dollars. Mr. Browne said he asked Geffen, “So how does it feel to have over a billion dollars?”

Karlie Kloss with Ralph Lauren at the Polo Ralph Lauren Spring 2015 Collection and Afterparty. (Photo: Patrick McMullan/PatrickMcMullan.com)


5. Ralph Lifshitz (Ralph Lauren) – Net Worth: $6.5 Billion (Forbes) With a presence felt all over the Hamptons, Ralph (76) actually had the nickname Ralphampton after he opened four shops, years back in East Hampton Village. That was before his daughter added her candy shop on Main Street. Although he has an oceanfront home in Montauk where he keeps a good part of his Ferrari collection in the summer, Ralph does not have a shop in Bridgehampton, or Sag Harbor. Yet there’s one on Jobs Lane in Southampton Village. Go figure? Ralph has perhaps defined Hamptons wear for the last 30 years. Have you ever been to a summer party, not just in the Hamptons but almost anywhere, where someone isn’t wearing a classic Ralph Lauren polo? Years back, under the previous ownership of the Blue Parrot Tex Mex place in East Hampton Village, it had out of control crowds on summer weekends. Located behind-yet-next to Ralph’s original shop, sometimes he would personally observe the unruliness with an aide with a clipboard, at midnight. He never looked pleased at what was going on with folks using his garden as a facility. However, I must also state Ralph’s behind the scenes donations to local charities and causes. He is usually in East Hampton most of the summer.

This is just a sample of the sort of billionaires that recreate in the Hamptons. Just a peek! The summer season will be here soon enough. I can’t wait to get my sailboat back out on the forever beautiful Gardiner’s Bay!

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Kristen Stewart And Matt Damon Attend Film Society Of Lincoln Center Luncheon

Kristen Stewart And Matt Damon Attend Film Society Of Lincoln Center Luncheon

  • LVIS thrift shops are open Tuesdays through Saturdays 10 AM through 5 PM

donations are accepted Wednesday through Saturday 10 AM through 1 PM by appointment 

located at 95 Main St East Hampton
  • Check out the Top Hamptons Events This Weekend!⁠
⁠
🚗 The Bridge IX⁠
📅 Sat, Sept 13 | 2–7PM⁠
📍 The Bridge, Bridgehampton⁠
Over 300 rare automobiles showcased across stunning landscapes.⁠
⁠
🎬 23rd Annual Surf Movie Night⁠
📅 Fri, Sept 12 | 5:30–9PM⁠
📍 Southampton Arts Center⁠
Surfboard swap, live music & outdoor film screening. 🌊⁠
⁠
🍝 San Gennaro Feast of the Hamptons⁠
📅 Sat, Sept 13 – Sun, Sept 14 | 10AM⁠
📍 Hampton Bays⁠
Italian pastries, live entertainment & fireworks Sat @ 8:15PM 🎆⁠
⁠
🎭 In Process: Roderick George⁠
📅 Sat, Sept 13 | 7PM⁠
📍 Guild Hall, East Hampton⁠
A special in-process presentation of The Missing Fruit (Part I).⁠
⁠
🎤 Sheena Easton at WHBPAC⁠
📅 Sat, Sept 13 | 8PM⁠
📍 Westhampton Beach PAC⁠
Grammy-winning artist live on stage!⁠
⁠
☕ Cars & Coffee⁠
📅 Sun, Sept 14 | 9–11AM⁠
📍 Bridgehampton Museum⁠
Classic & exotic cars, food, drinks & live music.⁠
⁠
🛍 Hampton Vintage⁠
📅 Sun, Sept 14 | 10AM–5PM⁠
📍 Westhampton Beach Village Green⁠
Shop unique vintage finds!⁠
⁠
🎶 Hamptons Festival of Music Finale⁠
📅 Sun, Sept 14 | 4PM⁠
📍 St. Luke’s Church, East Hampton⁠
Featuring Cimarosa, Berlioz & Beethoven.⁠
⁠
🍷 Wine Dinner with Pradorey at R.AIRE⁠
📅 Tues, Sept 16 | 6:30PM⁠
📍 Hampton Bays⁠
Five-course tasting menu with exquisite wine pairings.⁠
⁠
🎥 Toy Story 30th Anniversary Screening⁠
📅 Sept 12–15 | Various Times⁠
📍 Southampton Playhouse⁠
Celebrate Woody & Buzz’s timeless adventure!⁠
⁠
Check out more events at Hamptons.com (Link in Bio)⁠
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#carshow #hamptons #sangennaro #sangennarofeast #winedinner #bridgeIX
  • The Animal Rescue Fund of the Hamptons (ARF Hamptons) hosted the Bow Wow Meow Ball in East Hampton. The evening’s honorees, Ellen and Chuck Scarborough, were presented with the Champion of Animals Award, recognizing their more than twenty-five years of support to ARF. ⁠
⁠
Over 400 guests celebrated ARF’s remarkable work with cocktails, followed by dinner catered by Olivier Cheng. Peter Marino, accompanied by his daughter and ARF Board Member Isabelle Trapnell Marino, presented the Scarboroughs with their award. ⁠
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📸: Patrick McMullan/PMC⁠
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Check out the full gallery at Hamptons.com (Link in Bio)⁠
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#arf #bowwowmeowball #hamptons #animalrescuefund #animalrescue
  • Make sure to add this event to your list for next summer
#Seafood #localeats #mtk #montaukgreen
  • I recently toured the new Rolex Boutique by London Jewelers in East Hampton, and it’s one of the most beautiful retail spaces I’ve ever stepped into. Located on Newtown Lane, the boutique is set inside a restored historic home that dates back to 1897, originally designed as a summer cottage.⁠
⁠
From the outside, it has that classic East Hampton charm, cedar shingles, white trim, and lush landscaping. But once you step inside, it’s all about quiet sophistication.⁠
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The space is warm and welcoming, with walnut wood paneling, soft neutral tones, and beautiful textures throughout. There’s a fluted marble wall in a rich green Verdi Alpi stone that immediately catches your eye. It’s one of those details that’s understated but unmistakably Rolex.⁠
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Read the full article at Hamptons.com (Link in Bio)⁠
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#rolex #easthampton #hamptons #luxury #watch⁠
  • 🎾 Men’s US Open Final Viewing Party⁠
📅 Sun, Sept 7 • 2–5PM⁠
📍 Canoe Place Inn, Hampton Bays⁠
Watch the riveting Men’s US Open Final with drinks, grilled classics & fellow tennis fanatics in the lush garden.⁠
⁠
🦞 Montauk Seafood Festival⁠
📅 Sat, Sept 6 – Sun, Sept 7 • 12–5PM⁠
📍 On the Green, Montauk⁠
The ultimate seafood event in the Hamptons! Lobster rolls, fish tacos, chowder, oysters & more 🐚🍤⁠
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🩰 Master Class w/ Kat Wildish⁠
📅 Sat, Sept 6⁠
📍 Hamptons Ballet Theatre School, Bridgehampton⁠
Open-level adult ballet class with world-renowned former NYCB & ABT dancer Kat Wildish. One day only!⁠
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🎶 Hamptons Festival of Music⁠
📅 Sat, Sept 6 • 7PM⁠
📍 St. Luke’s Episcopal Church, East Hampton⁠
THFM’s MainStage Festival Orchestra featuring The New American Sinfonietta 🎻✨⁠
⁠
🌾 Outstanding in the Field (Sagaponack)⁠
📅 Sun, Sept 7 • 3PM⁠
Dine where the food is grown! Guest chef Jason Weiner returns for his 19th year 🍽️🌱⁠
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😂 Samantha Bee Live⁠
📅 Sat, Sept 6 • 8PM⁠
📍 WHBPAC, Westhampton Beach⁠
Award-winning comedian Samantha Bee brings her one-woman show to the Hamptons!⁠
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🍴 Stirring The Pot: Andrew Carmellini⁠
📅 Sun, Sept 7 • 11AM⁠
📍 Guild Hall, East Hampton⁠
NYT’s Florence Fabricant interviews star chef Andrew Carmellini about his restaurant empire.⁠
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🌕 Full Harvest Moon Hike⁠
📅 Sun, Sept 7 • 7:30PM⁠
📍 Meet at SOFO Museum, Bridgehampton/Sag Harbor Tpke⁠
Walk under the moonlight with Friends of the Long Pond Greenbelt 🌙✨⁠
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🎨 Style Beading Workshop⁠
📅 Fri, Sept 5 • 1PM⁠
📍 Nathaniel Rogers House, Bridgehampton⁠
Join Indigenous artist Savannah LeCornu to learn traditional beading techniques.⁠
⁠
⛳ A Legendary Day at Sebonack!⁠
📅 Tues, Sept 9 • 8:30AM–5PM⁠
📍 Sebonack Golf Club, Southampton⁠
An unforgettable day of golf supporting Westhampton Beach PAC 🌟⁠
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👉 Which event are you going to this weekend?⁠
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#community #entertainment #hamptons #usopen #golf #comedy #seafood #montauk
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