Richard Gere, the acclaimed American actor, has sold his Connecticut estate for almost 11 million dollars, according to PEOPLE. He plans to relocate to Spain. The 75-year-old actor, considered one of the men alive, bought the New Canaan home in 2022 for $10.8 million—$50,000 more than his recent sale price. He purchased it from singer-songwriters Paul Simon and Edie Brickell, who had originally acquired it for $16.5 million, taking a significant loss.