Schuyler Tilney and 222 Ridgeview Drive (Linkedin, Sothebys)<\/p>\n
An investor in energy services and his wife, a former Enron executive, bought a house in Palm Beach.<\/p>\n
Schuyler and Elizabeth Tilney paid $6.5 million for the nearly 4,000-square-foot home at 222 Ridgeview Drive, according to records. It was an off-market sale.<\/p>\n
The four-bedroom, five-and-a-half bath house was built in 2007. The home has a master suite on the first floor, gourmet kitchen, full home generator and water filtration system, with beach and bike trail access, according to a previous listing.<\/p>\n
The sellers, Edwin and Danielle Conway, paid $3.78 million for the house in 2017, records show.<\/p>\n
In July, the Tilneys sold a 19,600-square-foot lot in Palm Beach for $6.25 million to spec home builder Todd MIchael Glaser and his partners.<\/p>\n
Schuyler Tilney is chairman of oilfield services banking for Houston-based Tudor, Pickering, Holt & Co., which provides strategic and financial advice to investors, management teams, boards of directors, governments and other professionals in the global energy industry, according to the companys website.<\/p>\n
Tilney made headlines in the early 2000s as a managing director at Merrill Lynch. He was the lead investment banker in dealings with Enron Corp., a Houston-based energy, commodities and services company that ceased operations after scandals involving corporate corruption and accounting fraud.<\/p>\n
Tilney memorably invoked his Fifth Amendment right to refuse to testify during a 2002 Senate committee meeting on Merrill Lynch and Enron.<\/p>\n
Elizabeth Tilney was a senior Enron executive. She worked at Enron until January 2002 on the companys crisis management strategy and is credited with introducing the companys crooked E logo. She worked in account management for ad agency Ogilvy during the 1980s.<\/p>\n
High-end Palm Beach houses continue to sell despite the global pandemic. In July alone, the ritzy town saw rock star Jon Bon Jovi close on an oceanfront mansion for $43 million.<\/p>\n
In addition, cable TV mogul Jeffrey Marcus paid $16 million for a waterfront home, and an ocean-to-lake mansion traded for $51.4 million.<\/p>\n
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Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house - The Real Deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Schuyler Tilney and 222 Ridgeview Drive (Linkedin, Sothebys) An investor in energy services and his wife, a former Enron executive, bought a house in Palm Beach. Schuyler and Elizabeth Tilney paid $6.5 million for the nearly 4,000-square-foot home at 222 Ridgeview Drive, according to records. It was an off-market sale. Continue reading