The home was previously owned by Donald A. Adam, an entrepreneur who made his fortune in the Texas television cable and banking industries. Over the past several years, he expanded his business interests in Florida, where he is the owner of Cortlandt Farm, a thoroughbred horse-breeding facility in Ocala.
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In 2011, he paid $25 million for this 18,886 sq ft oceanfront mansion. He travels between here and his mansion in College Station, TX in his gold and white Gulfstream 5 jet, tail number N5DA.