If you would like an in depth historical past of the life story of Paul Bilzerian, father of Instagram playboy Dan Bilzerian, please read this article. It is a fairly loopy story. I will cowl the key factors of Paul’s life within the story beneath…
Dan Bilzerian was born in Tampa, Florida in December 1980. His mother and father are Terri and Paul Bilzerian. For the primary 10 years of Dan’s life, the household was the epitome of the go-go-get-rich-yuppie Nineteen Eighties because of Paul’s high-flying profession in company finance. In a later court docket submitting, Paul would estimate that on the peak of his profession within the late Nineteen Eighties, his net worth was someplace within the vary of $50 – $80 million. That is the inflation equal of being value $115 and $180 million at the moment.
Utilizing their newfound wealth, the Bilzerians constructed a dream mansion in Tampa. They accomplished development in 1991.
Situated inside a guarded gated group referred to as “Avila” on a lake within the suburbs of Tampa, the Bilzerian’s dream mansion spanned 28,000 square-feet over 3.4 lush acres. The house has 10 bedrooms, 19 bogs, a movie show, a wine room, 4 fireplace locations and a swimming pool with a water slide and waterfall. There’s a whole “athletic wing” that includes an indoor basketball court docket, racquetball court docket and full skilled gymnasium.
The house was constructed on an distinctive plot of land that enables it to be lakefront in each the entrance and backyards. And to high all of it off, it is simply minutes away from a par-71 Jack Nicklaus Signature Golf Course.
Sadly, the Bilzerians weren’t in a position to get pleasure from their mansion for very lengthy.
Just after they moved in, Paul Bilzerian was arrested and charged with securities fraud. Paul ended up serving 13 months in jail and was ordered to forfeit all of his earnings from what was referred to as an unlawful inventory manipulation scheme. The Securities and Change Fee additionally gained a $62 million judgment.
I am not going to get into all the small print as a result of they get a bit wonky, however the Bilzerians managed to remain within the dwelling for about twenty years whereas Paul’s legal professionals continued combating the SEC and refusing to pay a nickel of the judgment. Stunningly, that authorized battle went on for extra then 30 years. Lengthy story quick, Paul maintains that he’s factually and legally harmless and due to this fact didn’t must pay the judgement.
In 2004 the household appeared to have bought the house… however it was later alleged that they really bought it to an LLC that was managed by a household good friend. When this alleged association was found in 2006, a financial institution seized the property.
In 2007 Paul and Terri left america for St. Kitts within the West Indies. In 2019, Paul Bilzerian renounced his American citizenship in protest of what he described as “a protracted and disappointing expertise within the federal judicial system that has been constantly unjust and proven little regard for the regulation or the reality.“
The Bilzerian dream mansion has remained deserted since 2007 or 2008. A financial institution tried to promote the house at one level in 2008 for $13 million however didn’t get any affords. In September 2016 it bought in a chapter public sale for $2.85 million. However once more, for some purpose no person ever occupied the mansion. In accordance with the present itemizing agent, one of many bedrooms reportedly nonetheless incorporates a few of Dan’s private objects together with trophies and little league memorabilia.
You probably have any need to stay in Dan Bilzerian’s childhood dwelling, it may be yours at the moment for $5.133 million.
Here is a video tour that was simply posted on Wednesday morning: