A hedge fund billionaire bought his former boss’s Hamptons summer home for more than $40million and then tore it down to make room for a mansion twice its size. David Tepper bought the ocean-facing property in Sagaponack, New York, in 2010 from John Corzine’s ex-wife. He paid $43.5million for Corzine’s former summer getaway – making it the most expensive home in the Hamptons at the time. The following summer, he razed the 6,165 square foot home to the ground in order to build a completely new and much larger mansion. Now, five years later, Tepper’s renovation is finally finished, and the sprawling estate boasts a large pool and tennis court on site as well as a spectacular ocean view.David Tepper bought the ocean-facing property in 2010 from former Goldman Sach's CEO John Corzine’s ex-wifeThe following summer, he razed the summer home to the ground to make way for a mansion almost twice the sizeFive years later, Tepper's 11,268-square-foot mansion is complete, boasting a large pool, hot tub and tennis courts
Tepper had been annoyed by a dune in front of the property, which prevented him from enjoying the sunset in whichever room he wanted, _ reported.