Mario Gabelli Sells His Waterfront Estate for $10.25 Million

And one of those waterfront estates that's been sold, belonged to Greenwich billionaire Mario Gabelli. Gabelli, founder, chairman and CEO of Gabelli Asset Management Company in Rye, NY, is number ranked number 383 on the Forbes Top 400 list released at the end of September, with a net worth: $1.64 billion.

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