Rockstar energy drink entrepreneur Russell Weiner lists two properties in Florida with $US70m-plus hopes

A US energy drink tycoon is making a splash in top-end property, with hopes of flipping a string of luxury homes for eye-catching profits.

Russell Weiner, founder of the Rockstar Energy Drink company, has now tipped two expansive Florida residences into the market for more than $US70 million ($103 million) in total, eyeing a gain of $US15 million in three years on one pad alone.

He recently listed a California mansion for almost $US28 million after buying it only two weeks before for little more than half that price.

The two new offerings, according to the Wall Street Journal, include a contemporary six-bedroom Miami Beach waterfront estate, bought in 2016 for about $US20 million, and a beachfront estate about an hour’s drive north in Delray Beach, bought for $US11.6 million in 2009.

The former, listed through Brett Harris of Douglas Elliman for $US35 million – that’s $US15 million more than Mr Weiner paid – has reportedly been updated with improvements to the private dock on Biscayne Bay, and the addition of a catering kitchen and jacuzzi.

The home in Delray Beach comes with a tennis court, 12-car garage, pool and waterslide, and will reportedly be offered for $US36.5 million.

But that’s not all. Weiner is attempting a property flip worthy of some kind of extreme sports event. He bought a Hollywood Hills West mansion for $US16.515 million at the start of September and is listing the property two weeks later for $US27.995 million.

Built in 2015, the home has an infinity pool and panoramic views of Los Angeles, 1074 square metres of space, a 185-square-metre main suite, six bedrooms and 10 bathrooms. It’s also kitted out with a huge home theatre, fitness centre, wine cellar and collector’s garage.

Weiner reportedly bought the property from tech entrepreneur and founder of training website Lynda.com, Lynda Weinman.

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Aside from that spectacular home, he has yet another luxury spread on offer, also in California, in the form of a Beverly Hills estate with a showbiz pedigree.

Having belonged to Madonna for a decade – she bought the home from actress Sela Ward in 2003 and sold it to an investor – Weiner later picked up the eight-bedroom property in 2015, paying $US19 million.

After a bit of a renovation and a little time spent as a rental, the nine-bedroom property was listed for $45 million in March 2017, before a slight price increase saw it asking $US49 million in July of the same year. 

As of February this year, the price had been cut back to $US36 million.

The son of controversial conservative figure Michael Weiner, better known as Michael Savage, Weiner launched the highly successful energy drink in 2001.

Before this, he’d tried his hand at a political career, running unsuccessfully for the California State Assembly in 1998.

The 49-year-old’s net worth as of 2019 is reported by Forbes to be $US4 billion.