Trump sells Palm Beach mansion for $100 million

The real-estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.

"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The Associated Press in a phone interview.

His spokeswoman says $100 million is the most ever paid for an estate in the U.S., though there is no way to verify that claim.

Russian fertilizer billionaire Dmitry Rybolovlev purchased the roughly 60,000 square-foot oceanfront home, which Trump fixed up after buying it for $41 million in 2004.