Jeff Bezos shatters California record with $165-million purchase of Geffen mansion
4 years, 10 months ago

Jeff Bezos shatters California record with $165-million purchase of Geffen mansion

LA Times  

Amazon billionaire Jeff Bezos just obliterated California’s home sale price record, paying $165 million for David Geffen’s famed Warner estate in Beverly Hills, according to real estate sources with knowledge of the deal. The purchase of the Warner estate is the most ever paid for a home in California, topping Lachlan Murdoch’s $150-million purchase late last year of Bel-Air’s “Beverly Hillbillies” mansion. Spanning nine acres, Bezos’ new showplace was originally designed in Spanish Colonial Revival style but was reimagined as a grand Georgian mansion in the 1930s by architect Roland Coate for movie mogul Jack Warner, according to the book “Master Architects of Southern California 1920–1940: Roland E. Coate.” Geffen had owned the home since 1990, when he paid $47.5 million for it in an all-cash deal, the Los Angeles Times previously reported. A few months later, a new mark was set in Bel-Air when Murdoch, son of media mogul Rupert Murdoch, dropped the aforementioned $150 million on Chartwell — otherwise known as the “Beverly Hillbillies” mansion.

History of this topic

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