Palm Beach has hit billionaire financier Nelson Peltz and his wife, Claudia, with a daily fine because officials say the couple built a padel court on their expansive estate without the town’s approval.
During the Code Enforcement Board’s November meeting, members unanimously voted to impose a $250 daily running fine retroactive to Oct. 30 until the court is either taken down or approved by the Town Council. That fine stood at $6,750 as of Nov. 25, town records showed.
Nelson Peltz, the former chair of the Wendy’s fast-food chain, co-founded investment firm Trian Fund Management and Trian Partners, which have an office in Palm Beach…