William Wrigley Jr., an heir to the Wrigley chewing gum fortune, has sold a waterfront compound in North Palm Beach for $97.5 million. The sale involved a 2.5-acre property located at 11465 and 11472 Old Harbour Road in Lost Tree Village, a private golf community. The buyer was not disclosed, according to the Wall Street Journal.
The transaction is now the most expensive ever recorded in Lost Tree Village and may be the highest-priced sale in North Palm Beach history. It is also one of the largest residential sales reported in South Florida this year and ranks as the second-highest in Palm Beach County for 2025.
Serhant’s Gary Pohrer represented Wrigley, while Donna Hutchins from Douglas Elliman acted on behalf of the buyer. Douglas Elliman confirmed that the deal closed on Friday.
The estate consists of two mansions built in 2013 and 2014, along with several docks. Records indicate that Wrigley acquired the larger portion of the property for $11 million in 2009 and purchased the smaller section for $6.1 million in 2010.
Forbes estimates Wrigley’s net worth at $3.6 billion. He became head of his family’s business in 1999 before selling it to Mars Inc. for $23 billion in 2008.
Previously, Lost Tree Village’s record was set by Canadian baby products mogul Maurice Pinsonnault’s mansion at 12032 East End, which sold for $55 million in May to an undisclosed buyer.
Larry Ellison, founder of Oracle, previously held North Palm Beach’s top sale with his purchase of a 7.4-acre oceanfront estate for $80 million within Seminole Landing.
Earlier this year, South Florida saw its highest home sale when billionaire William Lauder sold two properties totaling more than $160 million on North Ocean Boulevard in Palm Beach. Sources said Charles Simonyi, known as Microsoft Excel’s creator, bought these properties as part of a larger assemblage valued at about $350 million.
