Ric Elias, the billionaire co-founder and CEO of Red Ventures, and his wife Brenda, have sold their Palm Beach, Fla., mansion for a cool $73 million, Gimme Shelter has learned exclusively.

The wealth of these Palm Beach homeowners totals about $494.7 billion—attracting the world’s 1% with pristine beaches, unparalleled privacy, tax breaks, mega-mansions, and exclusivity.