Give a woman $100 million in a divorce settlement, and there’s no telling what she might do. Elin Nordegren, the ex-wife of Tiger Woods, used some of her money to buy a new $12M house, and decided shortly thereafter that she didn’t like it. So, what did she do? She tore the entire thing down.
The beautiful home in North Palm Beach no longer exists, because the former Mrs. Woods just decided that she didn’t like it. There’s no word on what she’s going to build instead of the house. While $12M may not seem like a lot of dough for someone who just received such a massive divorce settlement, this may actually set her back. Let’s hope she has some good money managers.