Dan Ammann, General Motors President, has made a new real estate purchase and it has nothing to do with cars. In fact, it has everything to do with the automobile’s predecessor, the horse.
Real estate records show Ammann purchased a 4.7-acre horse estate for $5.2 million in Wellington, Florida, The Real Deal reported on Monday. The original asking price for the estate was $9.2 million when it went on the market in 2015. The last time the estate sold was in 2006 for $2.6 million.
It’s a grand piece of real estate, too. The lot was built in 1998 and includes six bedrooms, five and a half bathrooms and a guest house with an infinity pool, tiki hut and outdoor kitchen. Ammann, who we didn’t know was keen on horses, will also have a 19-stall barn at his disposal with four wash stalls, five paddocks, a jumping arena and a five-horse walker.
Back in 2015, Ammann also made another major real estate purchase in GM’s hometown of Detroit. The executive purchased the Fisher Mansion for $1.55 million. It was originally built in 1926 for one of the brothers of the Fisher family auto body business.
Comments
Gotta build a museum to those ICE cars somewhere, right? May as well be right next to their forebears. Reminds me of county fairs in 2030, where pony rides are across the paddock from midget racers. “Daddy daddy, can I ride the pony, and then the loud thing?”
I guess you could say, that’s a lot of Horsepower. lol
Or, a lot of BS….Greed, yes, good, especially during the holiday season, right? Hope he gets kicked in the head by one of his precious horses and then needs a knee capped medicare, medicaid, social security infrastructure when he becomes an invalid.
I can think of better things a rich guy could do with stolen tax money.
The man’s stock options go up when he imports Buicks and Cadillacs from China, and more Buicks from Europe and Korea. Hope everybody in Flint’s having a Merry Christmas while Amman rides his horses in Florida.
Well this just shows how the top 1% lives . I’m sure he will be in a better situation after Trump’s Tax bill goes into effect and the rest of us get nothing .
Here we go again with ” 2 ” Zach’s on GMA , what gives ?
I’m not a 1%er and I did the tax calculator that CNN had on their homepage and my federal taxes under the plan would go down by almost 9% to start.
The two Zachs issue is because you guys use two different email addresses, and our system is tied to (unique) emails rather than user names.
Outside of using a different user name, I recommend going to gravatar.org and associating the email address you use here with a photo, which will in turn show up here, thereby differentiating you from the other Zach 🙂
Why should his spending practices be told to people like us? It’s none of our business!
Thanks Sean-ny boy….you continue to validate my theory that you only post negative articles for GM Authority. I mean cmon, what the hell does this guy’s personal real estate transactions have anything to do with GM products?? He’s the President of GM…THEE General Motors. I would hope he enjoys the money that comes along with that title. As for you, I see that the Ford publications have yet to throw you an offer to come write fanboy articles for them. Don’t worry, they’re bound to notice your garbage articles and throw you a bone some day.
Your Dad