Billionaire Shells Out $700K for Hamptons Summer Rental
Life is good if you're billionaire hedge fund manager Philip Falcone. Not only is Falcone building himself a custom-made house in the Hamptons, but he also just inked a deal to rent Stone Meadow Farm in Sagoponack, NY this summer for $700,000 per month. In fact, Falcone scored himself a 30 percent discount. The summer rental was originally priced at $1 million. View the listing.