Billionaire beer distributor pays $28 million for mansion

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Jude Reyes, the billionaire co-owner of Reyes Holdings, just paid $28 million for an oceanfront mansion near North Palm Beach, according to property records.

The 13,000-square-foot spread at 11572 Turtle Beach Road last sold in 2002 for $7 million. In 2014, Reyes paid $17.8 million for the mansion up the beach at 11750 Turtle Beach Road.

 

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