- Barron’s reports that fashion designer Donatella Versace just purchased a villa that overlooks Lake Maggiore in northern Italy.
- The lavish home has a rich history and was previously owned by Italian publisher Arnoldo Mondadori, who frequently invited famous writers like Thomas Mann and Ernest Hemingway to stay at the villa.
- The 64-year-old designer purchased the villa for approximately €5 million (roughly $5.6 million), according to brokerage firm Engel & Völkers Lago Maggiore.
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Source : BusinessInsider.Com