Other property owners who have sizable acreage in Palm Beach include developer Dwight Schar, who owns 11 acres, and businessman Nelson Peltz, who has 13 acres.
He served on the board of amusement park operator Six Flags Entertainment Corp. from 2005 until this April, during which time the company filed for Chapter 11 bankruptcy reorganization. (In May, Six Flags announced it had emerged from Chapter 11.) Mr. Schar also helped raise funds for George W. Bush's 2000 and 2004 presidential campaigns.