Billionaire Russell Weiner, founder of Rockstar Energy, is set to purchase a second mansion in the Stone Creek Ranch community in Palm Beach County. The Real Deal has learned that Weiner is under contract for an 11,500-square-foot estate at 9303 Hawk Shadow Lane, which is listed for nearly $22 million.
Weiner, whose legal name is Russell Savage, is also in contract to buy another 11,500-square-foot mansion at 16071 Quiet Vista Circle. That property is on the market for $20.9 million.
Stone Creek Ranch is known as a private neighborhood catering to wealthy buyers. Actor and entrepreneur Mark Wahlberg recently bought a mansion there for $32.6 million.
Both properties Weiner plans to buy are being sold furnished. He has not yet decided what he will do with the two mansions.
The Hawk Shadow Lane house features six bedrooms and ten bathrooms, along with amenities such as a nine-car air-conditioned garage (expandable to fit 18 cars with lifts), a club room with a large projection screen, a pool, and 660 feet of lake frontage. The listing agent for the property is Senada Adžem of Douglas Elliman; Adžem declined to comment.
Property records indicate that Mari Vasan, a life coach and author who previously worked as a Wall Street research analyst and managing director at Deutsche Bank, paid $7 million for the home in 2018.
Weiner compared Stone Creek Ranch to Beverly Park in Los Angeles due to its lot sizes and security measures. He stated his preference for Florida real estate: “There is no better place to invest money in real estate than South Florida,” he said. “California turned to rust, and New York turned to mold.”
Weiner made his fortune when Rockstar Energy was sold to PepsiCo in 2020—a deal valued by Forbes at more than $4 billion—which marked the beginning of his investments in South Florida luxury real estate. Forbes currently estimates his net worth at $5.4 billion.
He believes Stone Creek Ranch offers significant investment potential: “far more upside to go.” According to Weiner, buyers have already expressed interest in purchasing the homes from him at higher prices. “The teardowns in Palm Beach are $200 million, and this has more land,” he said. “It’s gated and armed and no one can drive by. What is that worth? You can be in Miami in an hour, Palm Beach in 30 minutes.”
