US real estate mogul and casino operator Donald Trump has sold his villa in Palm Beach, Florida, for $97million to fellow billionaire Dmitry Rybolovlev of Russia, a report says.
The price was believed to be the highest paid for a single-family home in the United States and bucked the trend of falling home prices in the wake of its US subprime mortgage crisis.
"I love breaking records, and this is a record," Trump, who is also known for starring in the reality-television show The Apprentice, told the Palm Beach Post.
Trump's asking price for the two-and-a-half-hectare, beachfront property had been $US125 million, and he told the newspaper that Rybolovlev had made a great deal.
Trump, 62, had bought the house in 2004 for $US41.35 million and renovated it.
The new owner, a 41-year-old fertiliser magnate, was listed 59th on Forbes magazine's 2008 list of the richest people in the world with a fortune of $US12.8 billion.