Billionaire sells property for $600 mn, 400% of what he paid
US billionaire Carl Icahn has sold the unfinished Fontainebleau resort in Las Vegas for $600 million (â¹3,840 crore), nearly 400% of what he paid to acquire it. His firm acquired the property out of bankruptcy for $148 million in February 2010. The 27-acre property was bought by a partnership led by New York developer Steven Witkoff.