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    Legendary ‘Boy Wonder of Wall Street’ Eddie Gilbert’s Lavish Estate Listed for $23M

    Sam AllcockBy No Comments2 Mins Read0 Views
    Story from Jam Press (Wall Street Mansion) Pictured: Outside the mansion once owned by Eddie Gilbert. Plush estate of ‘boy wonder of Wall Street’ hits market at $23M Take a tour of the home once owned by Eddie Gilbert, the business mogul who earned himself the title of ‘the boy wonder of Wall Street’. Known for his daring attitude, he earned his nickname after successfully taking over the E.L. Bruce lumber company, as reported by Top Ten Real Estate. Buying nearly 50% of the stocks and driving the share price to a record $190 (£151) each, he appeared in an armoured truck filled with stock certificates, ready to negotiate the takeover of the company. However, following the ups and downs of stock trading, he later faced a £2.8m ($3.5m) tax lien and $14m of debts, fleeing to Brazil, before being arrested in 1967. Even in prison, he traded his way to success, gaining a monopoly on the cigarette market before receiving a lifetime ban from trading securities. Upon his release, four years later, he moved to Santa Fe, New Mexico, where his ventures into real estate once again made him a millionaire, seeing him purchase a large estate worth £18.8m ($23.65m). Eddie died a multi-millionaire in December 2015, just four days before his 93rd birthday. Built in 1918, the estate has since been split into two, with the main residence consisting of eight bedrooms and 10 baths. Listed for £15.8m ($19.9m), it is Santa Fe’s most expensive home to date. Celebrating wooden beams, carved doorways and intricate tiles, the property is made in the classic New Mexico style. The home also comes with a guesthouse, stables, a private well and over 22 acres of land. The second part of the estate, known as El Nido, boasts 3,600 sq ft, two bedrooms, two bathrooms and stunning gardens. Located a mile from the town centre of Santa Fe, celebrities such as Val Kilmer, Julia Roberts and Gene Hackman are known to call the area home also, seeing you rubbing shoulders with A-lis

    Step into the world of Eddie Gilbert, the infamous ‘boy wonder of Wall Street’, whose former estate has hit the market for a staggering $23 million. Gilbert, a business tycoon known for his audacious moves on Wall Street, rose to fame with his take over of the E.L. Bruce lumber company, as detailed by Top Ten Real Estate.

    His bold acquisition strategy included purchasing nearly half of the company’s stocks, catapulting the share price to an unprecedented $190 (£151) each. In a dramatic twist, he arrived in an armoured truck loaded with stock certificates to negotiate the company takeover.

    Despite his initial success, Gilbert’s journey was marked by highs and lows, including a £2.8 million ($3.5 million) tax lien and accumulating $14 million in debts, which led to his flight to Brazil and subsequent arrest in 1967.

    Even while incarcerated, Gilbert’s knack for trading persisted. He established a cigarette monopoly within the prison and continued to trade until receiving a lifetime ban from securities trading.

    After his release four years later, Gilbert relocated to Santa Fe, New Mexico, where he ventured into real estate and rebuilt his fortune, eventually acquiring a grand estate valued at £18.8 million ($23.65 million).

    Gilbert passed away in December 2015, just days shy of his 93rd birthday, leaving behind a multi-million-dollar legacy.

    The estate, originally constructed in 1918, is now divided into two parts. The main residence, currently Santa Fe’s priciest home at £15.8 million ($19.9 million), features eight bedrooms, ten baths, and embodies the classic New Mexico style with wooden beams, carved doorways, and ornate tiles.

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    Additional amenities include a guesthouse, stables, a private well, and over 22 acres of land.

    The smaller segment, El Nido, spans 3,600 sq ft and offers two bedrooms, two bathrooms, and beautiful gardens.

    Nestled just a mile from Santa Fe’s town centre, this estate places you among notable neighbors like Val Kilmer, Julia Roberts, and Gene Hackman, offering a chance to mingle with the elite.

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    Sam Allcock

    With over 20 years of experience in the field SEO and digital marketing, Sam Allcock is a highly regarded entrepreneur. He is based in Cheshire but has an interest in all things going on in the property and development world.

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