US News

Elon Musk rumored to eye late beauty mogul Sydell Miller’s record-breaking penthouse

Speculation is swirling in Palm Beach that Elon Musk, a regular at Mar-a-Lago since Donald Trump’s reelection, is interested in purchasing the late beauty mogul Sydell Miller’s luxury penthouse at the Bristol, one of the most prestigious addresses in West Palm Beach.

A record-setting penthouse fit for a billionaire

Miller, the visionary behind beauty brands Ardell and Matrix Essentials, purchased the penthouse — a combination of two apartments — for $42.56 million in 2019, setting a record for the city’s most expensive condo at the time. The lavish 19,000-square-foot penthouse offers amenities befitting royalty, including access to a spa, concierge services, and breathtaking views.

Local reports suggest that Miller’s family is considering Musk’s offer for the property, which could exceed $100 million. If the sale proceeds, it would shatter existing real estate records in West Palm Beach.

Musk’s growing presence in Palm Beach

WASHINGTON, DC – DECEMBER 05: Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives on Capitol Hill with his son on December 05, 2024 in Washington, DC. Musk and his Co-Chair, businessman Vivek Ramaswamy are meeting with lawmakers today about DOGE, a planned presidential advisory commission with the goal of cutting government spending and increasing efficiency in the federal workforce. (Photo by Samuel Corum/Getty Images)

Musk’s interest in Miller’s former residence aligns with his increased presence in Palm Beach. The Tesla and SpaceX founder has been frequently spotted at Mar-a-Lago, including during Thanksgiving celebrations, as he reportedly collaborates with Trump’s administration to lead a newly established Department of Government Efficiency alongside Vivek Ramaswamy.

Sydell Miller’s legacy of luxury

NEW YORK CITY, NY – SEPTEMBER 16: Sydell Miller attends Cocktails to Celebrate A PRINCESS TO BE A QUEEN Collection at Roger Vivier Boutique on September 16, 2009 in New York City. (Photo by WILL RAGOZZINO/Patrick McMullan via Getty Images)

Miller, who passed away in March, was not only a beauty industry titan but also a renowned art collector and philanthropist. Her Palm Beach estate, La Reverie, sold for $111 million and was described as a “state library or railroad station” due to its grand scale and opulence. The estate even featured an ice cream stand and bowling alley. Many of Miller’s prized art pieces, including works by Pablo Picasso, Joan Miró, and Marc Chagall, were recently auctioned by Sotheby’s.

Musk remains silent on the rumors

While rumors about Musk’s interest in the Bristol penthouse continue to grow, he has yet to comment on the potential acquisition. Whether or not the deal goes through, it underscores Palm Beach’s allure as a playground for billionaires and its status as a hub for luxury living.

Herbert Bauernebel

Herbert Bauernebel has been reporting from New York since 1999 and currently works for Bild.de, OE24 TV, and US Live. He also runs the news portal AmerikaReport.de. Bauernebel has covered nearly all major US events of the past quarter-century, including 9/11, Hurricane Katrina, Barack Obama’s election, Donald Trump’s surprise victory, the pandemic, last year’s election showdown, as well as natural disasters such as hurricanes and oil spills. He has also reported firsthand on international events, including the Asian tsunami, the Haiti earthquake, and the Fukushima disaster. He lives in Brooklyn with his family and holds degrees in communication and political science from the University of Vienna. Bauernebel is the author of a book about his experiences on 9/11, And the Air Was Full of Ash: 9/11 – The Day That Changed My Life.

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