Tom Ford, the well-known fashion designer, and filmmaker, recently made a big move. After selling his fashion brand, Tom Ford purchased a $51 million mansion in Palm Beach, Florida. The luxurious estate is situated on 2.3 acres of land and boasts ten bedrooms and 16 bathrooms. This isn’t the first major purchase for Ford, but it certainly is the most extravagant.
Tom Ford recently made headlines after he sold his iconic fashion brand, Tom Ford International LLC, to the luxury goods giant, Kering. The purchase was a huge deal in the fashion industry, with Kering paying an estimated $2.2 billion for the label.
Tom Ford launched the brand in 2005 and quickly established it as one of the most recognizable brands in the world. Over the years, Tom Ford has become synonymous with luxury fashion, with his designs gracing runways, red carpets, and magazine covers all over the world. He has also had a hand in creating some of the most iconic looks in recent memory.
Tom Ford, the world-renowned fashion designer, has recently made a big purchase of a $51 million Palm Beach mansion. After selling his fashion brand to the luxury conglomerate The Kering Group, Ford decided to invest his earnings in an estate fit for a modern-day mogul.
The 19,000-square-foot, Mediterranean-style mansion is located on North Ocean Boulevard and boasts six bedrooms and 10 bathrooms. In addition to its grand facade, the home also has private beachfront access, a swimming pool, and lush green gardens. Tom Ford has had a long career in the fashion industry, and his name is synonymous with luxury and style. Tom Ford’s net worth was estimated to be $500 million in 2021.