Sprecher, Loeffler Buy Georgia’s Priciest Home for $30 Million

Kelly Loeffler, a member of President Donald Trump’s cabinet, and her billionaire spouse, Jeffrey Sprecher, purchased a modernist estate on Georgia’s Sea Island for $30 million, according to people familiar with the transaction.

The home, called Entelechy II, was designed by the late Atlanta architect and developer John Portman, and the purchase price set a record for the state. It was listed last year for $40 million by Portman’s family. The Wall Street Journal previously reported the property’s sale without identifying the buyer.