As CEO of Affiliated Managers Group, Sean Healey is regularly in the news for his deals to buy asset management firms. Last week, Healey made the news again, this time for a real estate deal.

Sean Healey Affiliated Managers Group President and CEO

Healey purchased a a 9,775-square-foot oceanfront mansion in Palm Beach for $17.05 million, the Palm Beach Daily News reports. The article was also picked up by the Boston Herald.

The mansion had been listed at just under $22 million, "meaning Sean got a deal," writes the Herald.

Healey bought the property from Milan Associates, which purchased the mansion in 2005 at a court-ordered bankruptcy auction. At the time, the mansion belonged to former WorldCom chairman John Porter. 

Edited by: Armie Margaret Lee


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