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SOLD: Late Billionaire Teddy Forstmann's Incredible Hamptons Compound

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About a year after it was put on the market, sources tell The NY PostTeddy Forstmann's Hamptons mansion is in contract.

Forstmann was a billionaire private equity titan immortalized in the book Barbarians At The Gate.

He lived an epic bachelor's life, dating gorgeous women and flying around the world in his Gulfstream jet. His NYC apartment sold last year for $40 million.

As for this property, the 6 bedroom home is on Meadow Lane (arguably the most exclusive street in the Hamptons) and boasts an ocean-side pool, two hot tubs, and a tennis court. It is said to be going to $28.5 million, Corcoran's Tim Davis has the listing.

The house is 8600 sq ft



Entertain over dinner with gorgeous views



The property sits on 4 acres



See the rest of the story at Business Insider

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