John Henry, no not mythical railroad worker, that’s the Red Sox owner filed a demolition certificate applications for this 13,000 sq ft mansion he bought from Los Angeles Dodgers owner Frank McCourt. Set to be the site of his future mansion Henry created his dream home here and now one lucky buyer will own it. According to recent reporting from Forbes, the custom-made home is now listed for $15 million. That’s after a steep $10 million price cut, or nearly half price. After a successful start at his firm, J.W. Henry & Co., Henry purchased the Boston Red Sox for $380 million in 2002, followed by Liverpool FC for £300 million in 2010 — almost $400 million today. Henry’s been enjoying his investment, feeling more like a steward of his franchises than an owner.
Henry is an American businessman and investor and the founder of John W. Henry & Company, an investment management firm. It is with this firm he managed to make his riches and stake his current claim to fame, owning sporting teams. In addition to the Red Sox, and the Liverpool Football club, he owns The Boston Globe, and isco-owner of Roush Fenway Racing. Henry himself almost ascends to folklore status as a man of wealth and many sporting teams. In March 2006, Boston Magazine estimated Henry's net worth at $1.1 billion but noted that his company had recently experienced difficulties.In November 2012, the company announced that it would stop managing clients' money by the end of the year, and Henry confirmed that total assets under the firm's management had fallen from $2.5 billion in 2006 to less than $100 million as of late 2012. A victim of the financial collapse of 2012, he has seemingly rebounded thanks to the steady stream of revenue from his other investments. As of July 2017, Forbes estimated his net worth to be $2.6 billion.
Homes - Celebrity - Business, Homes - Celebrity - Sports - Baseball
By: tlp333
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http://curbed.com/archives/2011/08/15/billionaire-red-sox-owner-john-henry-is-building-a-monstrosity.php