According to sources in the know, billionaire Mark Walter has bought a second Bellevue Avenue Estate in Newport, RI.
Back in September 2021, we exclusively reported that Walter purchased Clarendon Court for a State of Rhode Island record smashing $30 million. His purchase of the former von Bülow home broke Taylor Swift’s record when she paid $17.75 million for her Watch Hill home in 2013.
Which brings us to today where reliable sources tell us that Walter has purchased Ocean View for $16 million.
Walter is the chief executive officer of Guggenheim Partners, a privately held global financial services firm with more than $310 billion in assets under management and headquarters in Chicago and New York.
Forbes lists Walter as the 608th wealthiest person on the planet with a net worth of $5.4 Billion.
He also serves as the chairman of the Los Angeles Dodgers Major League Baseball franchise. He helped Guggenheim Baseball Management, LLC. acquire the team for US$ 2.2 billion in 2021.
Now here’s where it gets cool. Ocean View and Clarendon Court are situated near each other on the iconic Bellevue Avenue. These two magnificent estates are only separated by the Miramar Estate which was just purchased by billionaire Stephen A. Schwarzman in October, 2021 for $27 million.
Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with $684 billion Assets Under Management. Schwarzman’s net worth is reportedly $33 Billion.
Anyway. Welcome to the neighborhood. See you around town!
If you need a tour guide, I’m available.
Oh PS – Here’s a primer for you with some Newport tips.
Eats:
If you’re looking for some great spots to dine, we recommend hitting up local favorites such as Tavern on Broadway with their Buck-A-Shuck Wednesdays, The Fifth Element, or The Deck on Waites Wharf, the perfect waterfront dining destination with live music Thursday – Sunday.
Want to dine where Newport eats? Head on down Bellevue Avenue and visit La Forge Casino Restaurant. The La Forge Casino Restaurant has served the community as a famous local establishment for years. Located on the grounds of the International Tennis Hall of Fame, La Forge has long been a local staple providing a menu, style, and friendly atmosphere that reflects our commitment to an exceptional dining experience.
Looking for our amazing food trucks? Check out the Amazo Pizza & Gelato truck, the La Costa Lobster & Tacos truck, the Cluck Truck!
And stay tuned for Wally’s Weiners, opening soon on Thames Street.
Don’t feel like leaving the house? Hit up Newport Dine Out, they deliver from more than 50 area restaurants.
Party:
The party never stops at Clarke Cooke House, The Deck, Malt, The Fifth Element, and Tavern on Broadway!
And if you’re throwing a party at your house, the Audrain Hospitality Group is a multi-faceted organization focused on creating memorable experiences for every kind of event imaginable.
Don’t miss:
No trip to Newport is complete without a visit to the Audrain Automobile Museum.
The Audrain Automobile Museum has a mission to preserve and present automotive history while connecting and engaging with other non-profits and the community as a whole. Established in 2014, the Museum transformed the historic Audrain Building into a captivating display floor, fit specifically for our cultural needs. The Museum has access to collections with of over 300 cars, allowing for three fresh and unique exhibits per year. Ranging from Brass Era pre-War cars to Supercars of the 2000s, the Museum is dedicated to entertaining all generations and stylistic preferences.
America’s love affair with automobiles is intrinsic and Newport’s role is essential. The Museum engages and educates the Aquidneck Island community through car events and other nonprofit activities to further its position within automotive history. As the Museum continues to grow, so does its status as a must stop destination for both car enthusiasts and Newport visitors alike.
Taste the flavor:
Swing by the Newport Craft Brewing & Distilling Co., sample some of their award winning creations, grab a bite at the food truck that pull up every weekend and enjoy some great live music.
Founded in 1999 by four college friends, Newport Storm Brewery was the original production craft brewery in Rhode Island. They created more than 100 distinctive beers while keeping things local and authentic. From their flagship Hurricane Amber Ale to seasonal brews made with Rhode Island grown ingredients, to beers aged in rum barrels, the brewery has been in the vanguard of craft brewing for nearly 20 years.
In 2006 the crew began distilling craft spirits. They were the first distillery in Rhode Island in 135 years and currently produce whiskey, a single barrel rum, and an overproof white rum.
Dress for success:
Newport’s former First Lady Deborah Winthrop owns the premier women’s boutique on Aquidneck Island with hip and chic clothing, bra sized swimwear and a the largest selection of lingerie around. Deborah and her staff are all expert bra fitters. The right bra will make you look and feel 10 years younger and 10lbs lighter!! Swing by and see for yourself.
Want to realize your inner Queen? Head to Bellevue Avenue and visit X&O Boutique for luxury women’s wear with unique and classic collections from Milan to Miami.
Get in Shape:
Pulse Newport is an award winning interval training focused bootcamp style gym offering HIIT, Spin, Bootcamp and Barre classes at two different locations. Elite Memberships include everything they offer. They have over a dozen certified, amazing trainers ready to give you the best workout in Newport.
Open Gym, Peloton Treadmill, Stairmasters, Barre Studio & Classes, HIIT Studio & Classes, Rowing Classes, Spin Classes, Infrared Sauna, Personal Training, Stretching Area, Dumbells to 110 lbs, Member Challenges, Body Composition Analysis, FitCamp Weight Loss Lean Muscle Building Program
Getting here:
Traveling in from New York City? Don’t forget about our friends at Tradewind Aviation and their super affordable shared charter flights from White Plains to Newport Airport.
Like Newport Buzz? We depend on the generosity of readers like you who support us, to help with our mission to keep you informed and entertained with local, independent news and content. We truly appreciate your trust and support!
