as the Director of Lincoln Center for the Performing Arts, Inc. They have three children: Tamara Rennert Winn, married to Randall Winn, co-founder of Capital IQ (now S&P Capital IQ) Yonina Rennert Davidson Ari Rennert Rennert is a member of the Fifth Avenue Synagogue, an Orthodox synagogue where he is also honorary chairman. Houses Rennert caused controversy among his neighbors by building a beach front home in Sagaponack, New York, considered one of the largest occupied residential compounds in the United States. The house outraged locals, who claimed Rennert originally planned to use it as a spa, a hotel, or a religious retreat. He denied such allegations, and the local paper later issued an apology. He named his home after the adjoining body of water, Fairfield Pond. The house faces the Atlantic Ocean and its grounds measure . The buildings, which total over , including the main house, have an Italianate facade, 29 bedrooms, and 39 bathrooms. The house has a dozen chimneys and a Mediterranean-style tile roof as well as a long formal dining room, a basketball court, a bowling alley, two tennis courts, two squash courts, and a $150,000 hot tub. Its property taxes in 2007 were $397,559.00. Based on these taxes, the home is currently valued at $198 million, making it the most valuable home in the United States. Besides his house in Sagaponack, Rennert owns a duplex apartment on Manhattan's Park Avenue, and a home in Israel. He previously lived in Atlantic Beach, NY. See also List of investors in Bernard L. Madoff Securities References Sources Michael Shnayerson. "Devastating Luxury." Vanity Fair. July 2003. James Ridgeway and Jeffrey St. Clair. A Pocket Guide to Environmental Bad Guys, (New York: Thunder's Mouth Press). External links Rennert home in Sagaponack, New York on Google Maps 1934 births Living people American billionaires American financial traders Brooklyn College alumni Businesspeople from New York (state) American businesspeople in metals American mining businesspeople American people of Polish-Jewish descent American people of Romanian-Jewish descent Corporate raiders Jewish American philanthropists New York University Stern School of Business alumni Private equity and venture capital investors People associated with the Madoff investment scandal People from Sagaponack, New York Philanthropists from New York (state) 21st-century American Jews