VIDEO: Fly Over Ira Rennert's Sagaponack Mega-Mansion Fairfield

Billionaire businessman Ira Rennert and his company were recently ordered to pay $118 million to the Magnesium Corporation of America. Rennert was accused of looting the company and using a portion of the proceeds to finance his estate in Sagaponack, Fairfield, one of the largest private residences in the United States. Fairfield is 63 acres on the Atlantic Ocean and the buildings total more than 100,000 square feet.