The estate's first real owner was Wright Ludington, who sold it to Warren Russell Austin, physician to the Duchess of Windsor and then to Ludington.
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The foundation sold the house to Sergey Grishin, who bought it out of bankruptcy, for $15.3 million.
Grishin sold Val Verde to neighbour Peter Muller, a quantitative trader who once worked at Morgan Stanley, for $14.8 million.