Howard Sosin

Howard Sosin's House

This home, in Fairfield, CT, belongs to Howard B. Sosin, a derivatives pioneer, and the Co-Founder and former CEO of American International Group (AIG) Financial Products.

The brick/masonry home has 6 bedrooms and 9 bathrooms. Mr. Sosin and his ex-wife, Susan, purchased the 2.50 acre lot in 1990 for $5,000,000. Subsequently, the 13,423 square foot home was built in 1990. It also has an elevator, a putting green, and an indoor swimming pool in addition to the outdoor swimming pool. There is also a 3 bedroom, 1 bathroom guest house that is 1,238 square feet in size. The property also abuts the Country Club of Fairfield’s golf course, and has excellent views of Long Island Sound. The current appraised value of the home is $17,966,700.

He and his wife made national headlines during their divorce in 2003.

His ex-wife currently lives in a mansion down the road from this property. Howard Sosin's other home in Palm Beach, FL is also located on this site.

The following links provide significant details on the divorce settlement and his background:

http://en.wikipedia.org/wiki/American_International_Group

http://www.foxnews.com/story/0,2933,151520,00.html

http://www.jud.ct.gov/external/supapp/Cases/AROap/AP109/109AP436.pdf

http://www.lawyersandsettlements.com/settlements/03283/divorce.html

http://www.derivativesstrategy.com/magazine/archive/1997/0797qa.asp

http://bigthink.com/ideas/14583
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Turneasterne picture
@ 2012-01-06 01:11:47
As of 2012, this is currently the third most expensive home in the town of Fairfield, CT.