Duh: heirs of billionaires drop cash on real estate. When Formula One heiress Petra Ecclestone was house hunting last year, she eschewed a "36,000-square-foot French-style mansion on Sunset Boulevard now listed for $49.5 million" because it wasn't "grand enough," according to the Journal, opting instead for Candy Spelling's 57,000-square-foot manor. [previously; WSJ]
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