Gianni Versace's Miami Mansion Sold For $41.5 Million

Late Italian designer, Gianni Versace's Miami mansion was sold off over the weekend for $41.5 million. Gianni purchased the home in 1992 for $2.9 million, and spent over $33 million to remodel it to his taste. He lived in the mansion till he was murdered by assassins in front of his gate back in 1997.

The mansion...I don't think I should call it a mansion, maybe calling it a Palace will fit better. The Palace sits on 23,000 square feet, boasts 10 rooms, 11 bathroom, a pool inlaid with 24 karat gold, marble-and-gold toilet, and Italian marble floors. The estate was actually put up for a bankruptcy bid after the former owner, a Mr. Peter Loftin (who bought the house from the Versace family 3 years after Gianni was killed) went bankrupt, and had to surrender the ownership of the house. People that showed interest in getting the house include David Beckham and Donald Trump.

The highest bidder became Joe Nakash, whose family owns the Jordache denim brand. He plans to turn the mansion to a hotel, as his family own a hotel next door to it. Check out picture of the monument below-