Months after selling his Texas ranch with a fully stocked bomb shelter, haircare-and-tequila tycoon John Paul DeJoria has bought a Gilded Age mansion in Newport., R.I., for $11.65 million. Named “Ocean Lawn,” the home was listed in March of last year for $18.5 million, then saw its price changed to $15 million. It was purchased in the 1950s by Harvey S. Firestone Jr., son of the founder of Firestone Tire & Rubber, and his wife Elizabeth, according to listing agent Melanie Delman of Lila Delman Real Estate...

Source: Wall Street Journal January 27, 2017 23:01 UTC