In what looked like an act of vindication against a former boss who passed him off for a significant promotion, a hedge fund billionaire acquired his ex-leader's Hamptons summer home for over $40 million, only to demolish it and build a mansion double its size in its place.
In 2010, David Tepper purchased the ocean-facing property in Sagaponack, New York, from John Corzine's ex-wife. He paid $43.5 million for the property, which was John Corzine's former summer getaway. This purchase made it the most expensive home in the Hamptons at the time.
