Deals
Designer Donatella Versace Buys Villa Mondadori for $5 Million
- Walt Disney, Thomas Mann, Hemingway have visited the mansion
- Villa on Lake Maggiore bought by Mondadori family in 1920s
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Designer Donatella Versace has bought the villa of Italy’s Mondadori publishing dynasty for $5 million, a property visited by legends such as Walt Disney and Ernest Hemingway.
Versace, chief creative officer of the company founded by her late brother Gianni, purchased the 1,400-square-meter (15,000-square-foot) villa on the banks of Lake Maggiore in northern Italy, according to a statement from real estate firm Engel & Volkers.