Brazilian businessman sues real estate firm, alleges Jeff Bezos bought $79 million home at discounted price

A Brazilian businessman is suing a real estate firm, claiming he lost $6 million on the sale of his mansion. Leo Kryss, co-founder of Tectoy, alleges that Douglas Elliman misled him about the buyer's identity, The Wall Street Journal reports.

Kryss listed his seven-bedroom, 11 1/2-bathroom home in Miami Beach's Indian Creek Village for $85 million. According to Kryss, the firm told him that the buyer would not pay more than $79 million. Kryss then asked Jay Parker, CEO of the firm, if Amazon founder Jeff Bezos was the buyer. The lawsuit states, "Parker misleadingly assured Kryss that Bezos was not behind the offer and was not the purchaser.”

After selling the property for $79 million, Kryss found out that Bezos was indeed the buyer. Kryss argues that knowing Bezos was interested could have influenced his negotiation and final sale price. Wealthy buyers often hide their identities to avoid higher prices.


Bezos is the world's second richest person, with a net worth of $204 billion. Kryss claims that the mansion would be more valuable to Bezos due to his other properties in the area. Bezos owns real estate in New York, Beverly Hills, West Texas, and Washington, D.C.

The lawsuit was filed in the 11th Judicial Circuit in Miami-Dade County. Kryss' mansion is located in Indian Creek Village, home to notable figures such as Ivanka Trump and Tom Brady.