In a recent development, Amazon founder, Jeff Bezos, has found himself indirectly involved in a $6 million lawsuit following his purchase of a mansion in Miami.
Leo Kryss, co-founder of Brazilian toy company Tectoy, has filed a lawsuit against real estate brokerage Douglas Elliman over a $79 million mansion sale to Bezos, The Wall Street Journal reported on Tuesday.
Kryss had listed his seven-bedroom mansion on Indian Creek Island, Miami, for $85 million in May 2023. The property, which includes a home theater, wine cellar, library, and pool, is adjacent to a $68 million three-bedroom house that Bezos bought in June 2023.
When Kryss received an offer for the property, he suspected that his new neighbor, Bezos, was the buyer. However, Jay Parker, the Florida CEO of Douglas Elliman, assured Kryss that Bezos was not the buyer and that the offer would not exceed $79 million.
After selling his mansion for $6 million less than its list price, Kryss discovered that the buyer was indeed connected to Bezos. Kryss is now suing Douglas Elliman, which earned over $3 million in commission from the sale, claiming that knowledge of Bezos’ intention to buy adjacent properties would have significantly influenced his decision-making.
Douglas Elliman’s Parker stated in an email to Kryss that he was also unaware of Bezos’ identity as the buyer. The Journal reported that the property was believed to be purchased by the family of Benny Klepach, the mayor of Indian Creek Village.
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This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
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