LOS ANGELES (Reuters) – Amazon CEO Jeff Bezos, the richest man in the world, bought a villa in Beverly Hills known as Warner Estate from media magnate David Geffen for $ 165 million, a The source is familiar with the deal on Wednesday.
FILE PHOTO: Jeff Bezos, founder of Blue Origin and CEO of Amazon, talks about Blue Origin's future plans in an address for attendees at Access Intelligence's 2017 SATELLITE conference in Washington, USA, May 7. 3 2017. REUTERS / Joshua Roberts / File photo
The sale price is said to be the highest in a residential real estate transaction in the Los Angeles area, surpassing the previous record of $ 150 million reported by media director Lachlan Murdoch last year to buy real estate. Chartwell in Bel-Air.
Chartwell Castle was familiar to TV viewers in the 1960s when it was the magnificent home of the fictional family Clamp in the classic sitcom CBS The The Beverly Hillbillies.
Geffen's 9.4-acre (3.8-hectare) property sold to Bezos – in a first deal reported by the Wall Street Journal – boasts a mainstream Hollywood genealogy. It is named after Jack Warner, the head of Warner Bros Studio, who built the villa in 1937.
Geffen bought Warner Estate in 1990 for $ 47.5 million, a record price for a home in the Los Angeles area, according to the Journal. Chartwell's property set an all-time high for the state when it sold for about $ 150 million late last year, the Los Angeles Times reported in …
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