‘Stealth wealth’ is reshaping luxury real estate: How the ultrarich buy multimillion-dollar mansions off the books
For the ultrawealthy, it used to largely be the case that they wanted their flashy home purchases and sales to be made very public: Think drone shots, a glossy listing, and a splashy press release naming the owner and buyer. All of that served as a way to show off and solidify their wealth. But…