Fintech billionaire Ronald Clarke has been identified as the buyer who purchased a North Palm Beach waterfront compound for $97.5 million last week.
Property records reveal that a Delaware LLC managed by Clarke acquired the 2.5-acre estate at 11465 and 11472 Old Harbour Road from William Wrigley Jr., heir to the Wrigley chewing gum fortune. The sale not only set a new record for North Palm Beach and the Lost Tree Village neighborhood, but it also ranks among the largest residential transactions in South Florida this year.
Clarke serves as the chairman and CEO of Corpay, a leading digital payments company based in Atlanta that was formerly known as FleetCor. According to Forbes, Clarke’s net worth is estimated at $1.5 billion.
The estate consists of two mansions, constructed in 2013 and 2014, along with several docks. Records indicate that Wrigley purchased the larger parcel for $11 million in 2009 and the smaller one for $6.1 million in 2010.
Gary Pohrer of Serhant represented Wrigley in the transaction, while Donna Hutchins of Douglas Elliman represented the buyer.
In addition to this recent acquisition, Clarke and his wife, Leeanne, also own a waterfront mansion in Jupiter. They bought the 9,300-square-foot home at 194 Spyglass Court for $15.7 million in 2022, a deal that was also brokered by Pohrer, who was then affiliated with Elliman.
Forbes reports that Wrigley is worth $3.6 billion. He assumed leadership of the family business in 1999 and oversaw its sale to Mars Inc. in 2008 for $23 billion.
The previous record in Lost Tree Village was set in May, when Canadian baby products mogul Maurice Pinsonnault’s mansion at 12032 East End sold for $55 million to an undisclosed buyer.
Prior to Clarke’s purchase, the most expensive sale in North Palm Beach was Oracle billionaire Larry Ellison’s $80 million acquisition of a 7.4-acre oceanfront property in the gated Seminole Landing community.
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