Patricia Kluge’s Albemarle House in Virginia foreclosure, Donald Trump to the rescue
Patricia Kluge was once a young, beautiful woman who married a billionaire, divorced him and walked out the door with a measly $1 million a year.
My how things have changed. Kluge, 62, has been in a financial downfall since.
Her former mansion was slapped with a $22.8 million lien from Bank of America. This 45-room Charlottesville, Va., mansion was originally valued at $100 million. It is now worth $16 million. Bank of America put the home in a foreclosure auction, which caught the attention of none other than Donald Trump.
After negotiations, the real estate tycoon sealed the deal, purchasing Kluge Estate Winery and Vineyard for a steal — $6.2 million for 800 acres. Trump announced plans to revive the business with help from former owners Patricia Kluge and her current husband Bill Moses.
Kluge called her dear friend Trump’s purchase an end to her “personal Armageddon.”
Reports say that Trump has plans to change the name of the winery to no other than Trump, of course.
So keep an eye out for Trump Wine. It will be next to the Trump Tea, Trump Vodka, Trump Chocolate and Trump Ice.
Comments
Leave a Reply
