The name Michael Rubin has been making headlines recently due to a star-studded July 4th party at his luxurious Hamptons estate. Celebrities like Tom Brady, Kim Kardashian, Jay-Z, Leonardo DiCaprio, and many more attended the epic bash held at Rubin’s stunning 8,100 square-foot oceanfront manse. Rubin, the CEO of Fanatics and former co-owner of the Philadelphia 76ers, purchased the four-bedroom, seven-bathroom home in 2020 from Ziel Feldman, founder of HFZ Capital Group.
Since the purchase, the home has undergone extensive renovations, transforming the exterior into a sleek, white modern design from its original shingle style. Feldman had bought the property in 2000 and made renovations in 2014 after it was intentionally set on fire by an individual with a history of mental illness. These renovations made it even more desirable to potential buyers.
The property sits on nearly two acres of land and boasts breathtaking views of the ocean and Mecox Bay. It features a pool, spa, sauna, tennis court, upper-level deck for outdoor dining, and a separate viewing deck with a jacuzzi. Additionally, solar panels have been installed on the home.
Rubin is no stranger to hosting Fourth of July parties, but this year he went the extra mile by hiring medical personnel to ensure the safety of his guests. In an interview with Barstool, Rubin emphasized the importance of having individuals who would add value to the party and be adored by everyone in attendance.
Aside from his lavish Hamptons estate, Rubin has been investing in real estate. He owns a similar property on the same street, which he purchased for approximately $25 million. In 2018, he also acquired a downtown Manhattan penthouse for over $40 million.
Rubin’s success in the business world is evident from his entrepreneurial ventures. He dropped out of Villanova University and founded GSI Commerce, which he later sold to eBay for a staggering $2.4 billion. He retained ownership of Fanatics, Rue Gilt Groupe, and ShopRunner, contributing to his impressive net worth of $11.5 billion.
When it comes to hosting extravagant parties and making high-end real estate investments, Michael Rubin certainly knows how to do it in style.
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