Non-Architecture Wednesday

Hedge fund billionaire David Tepper wanted a new place in the Hamptons because, well, he's a hedge fund billionaire and what else should he do with his money? So he found the perfect house in Sagaponack, long Island--said to be the country's most expensive real estate--and purchased a $43.5 million, 6,000-square-foot oceanfront estate on 6.5 sandy acres with a guest house, swimming pool and tennis court. Looks to be the perfect vacation, or weekend, getaway, eh?

Well, not if you're hedge fund billionaire David Tepper. It seems it wasn't enough for Tepper, so he had the house torn down so he can build a bigger testament to his ego. he purchased the home just last year, from the ex-wife of former New Jersey governor Jon Corzine, in the area's most expensive transaction of 2010. In April, he got a permit for the demolition, and this month the site was finally cleared.

Tepper's new house will be about twice the size, with ocean views from every room, "a sunken tennis court, three-car garage, a widow's walk, second-floor decks including one with a Jacuzzi, and a covered porch."

Like a said, a testament to his ego and his bank account.

source