Tom Ford is keeping it bipartisan, at least when it comes to his real estate portfolio.
After selling off his eponymous brand to Estée Lauder for $2.8 billion last year, the former fashion designer has been wasting no time spending the extra cash on impressive homes in red and blue states alike.
His most recent acquisition finds him now owning a lavish estate with ties to one of the most famous Democratic political dynasties in American history.
The 61-year-old has purchased Lasata, the former East Hampton, New York home of Jackie Kennedy, for a whopping $52 million, per the Wall Street Journal. The former first lady spent her childhood summers at the Long Island compound prior to her marriage to John F. Kennedy.
The 8,500 square-foot mansion features 10 bedrooms and 13 bathrooms and sits on nearly 7 acres of lush green property. Also included are a two-bedroom guest cottage, a caretaker’s cottage, and a three-car garage.
Ford will also have no problem keeping his golden tan as the outdoor amenities include a large rectangular pool, spa, and pool house.
Built in 1917, the home has transferred hands several times over the years and went through a major renovation in 2016. In 2018, film producer David Zander (Spring Breakers) purchased the Hamptons property for $24 million and listed it for $55 million earlier this year. While Ford scooped it up for less than the asking price, it was still more than double what Zander paid just five years ago.
Jackie Kennedy’s former home is the latest addition to Ford’s growing list of opulent properties and comes less than two years after he plopped $51 million on a sprawling Palm Beach estate.
Related:
Tom Ford is about to make life even more awkward for Donald Trump at Mar-a-Lago
The fashion designer and the former White House occupant have had a contentious relationship in the press over the years.
The Florida property, which features a main residence with over 10,000 square feet of living space, rectangular pool, and a 2-bedroom guest house, also happens to be located about a mile up the road from the MAGA compound of the one term, twice impeached, four times indicted ex-president.
But the chances of Ford ever running into Trump at Mar-a-Lago are non-existent as the out fashionista has had bad blood with the problematic Republican cult leader for years.
On top of voting for Hillary Clinton in 2016, Ford has previously disclosed how he refused to dress Melania before and after her turn in the White House.
While it’s unclear if Ford plans on vacating his red state digs, he also owns homes in New York City, Los Angeles, Santa Fe and London.
Wherever he decides to rest his Gucci loafers, Ford has plenty of time to relax now that he’s seemingly walked away from his esteemed career in fashion.
In April, Ford premiered his final collection for his namesake brand by eschewing a runway show and abruptly posting images of it in a slideshow on Instagram.
Although he hasn’t said he’s given up on fashion for good, he appears to be more set in returning to making movies after writing and directing A Single Man in 2009 and Nocturnal Animals in 2016.
And if all that doesn’t pan out, Ford could always try his hand at being a real estate mogul or run for office, just like his infamous Florida neighbor.
Related:
After giving up Botox, Tom Ford slams celebs for “injecting way too many things into their face”
Tom Ford may have suddenly walked away from his eponymous luxury brand, but that doesn’t mean he’s riding off into the sunset quietly.
Fahd
I’m an advocate of taxing the rich, but I admit it’s refreshing to read about a gay man who through his talent hit it big and who hasn’t succumbed to addiction or whatever dissipation. I guess one can’t predict the future, but he seems to have things under control. ¡Enhorabuena!
abfab
Refreshing?
Peter
Tax the rich and the churches.
Openminded
The rich are taxed. Let’s work on the churches now.
Pietro D
The rich are taxed???????? What galaxy do you live in, dude~!
Wake up and smell the café !!!!!!!!
Kangol2
Tax the rich A LOT MORE and tax the churches something more than nothing.
abfab
Open needs to open his eyes.
bachy
Love Tom Ford and delighted to see how creative genius influences all of his choices!
abfab
Over it.
jackmister
A Single Man was one of the best book adaptations. I would love to see Ford do another movie.
M K
This was never Jaq-O’s property… she did not own it. She only vacationed there when she was a child. This was like a VRBO for the privileged … but it wasn’t hers. It’s like Jaqueline slept here.
abfab
She preferred the lived in feel of Gray Gardens.
Openminded
Estates this large are like owning yachts and jets. It’s not the purchase price that gets you, it’s the annual costs of holding the property. Taxes, maintenance, staff, security, insurance, and entertaining all those friends you didn’t realize you had. Proud for him, though.
abfab
Proud?
Kangol2
That anyone sold that house for $24 million, let alone $50+ million, shows out of wack wealth is in this country. Even in current dollars that house’s cost and appreciation shouldn’t be anywhere near either of these figures, but the wealth inflation in this country is such that a small subset of the 330 million people in the country are able to set prices like this and others this subset (and similar subsets across the globe) are able to pay for it. Meanwhile, hundreds of thousands of people are unhoused and millions are a paycheck or two from being on the streets. Truly obscene.
abfab
Feast your eyes on the prices van Goghs, Monets and O’Keefes are fetching. These are markets. Yes, they are obscene. Like most of this world.
I still don’t understand hedge funds…………but therien lies the guilty. The Sultans Of Swing. They love to dump money. They have to.
Tom Ford is now…………………..just a memory.
winemaker
In the immortal words of my late father ‘ well bully for him”. On the other hand my late mother had a timeless saying that goes like this ” classy people don’t air their dirty laundry or their wealth in public” Glad this guy made it and has more gelt than millions of Americans. On the other hand bragging about your wealth comes off as tacky and hints of underendowment, if you get my drift.