Fire breaks out at East Hampton estate of billionaire Ron Perelman

Posted: Updated:
EAST HAMPTON -

The Hamptons estate of businessman and philanthropist Ron Perelman went up in flames Friday.

The fire broke out at the 60-acre estate on Montauk Highway in East Hampton just before 10 p.m. 

According to reports, Perelman and his family were in Manhattan at the time.

There's no word yet on the cause of the fire.

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