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Phil Swift of Infomercial Fame Buys Florida Home for $20 Million

Phil Swift, a boisterous entrepreneur who made his name appearing in infomercials for his company’s waterproof adhesive bonding tools, has purchased a home in Gulf Stream, Fla., for $20 million.

The property, one of the most expensive ever sold in the area, had been on the market for $21.95 million, according to listing agents Devin Kay and Nick Malinosky of Douglas Elliman.

Read more in The Wall Street Journal