Peter Thiel bought $250m-listed LA mansion at foreclosure for $130 million
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Peter Thiel, the billionaire entrepreneur, has acquired Casa Encantada in Bel-Air for a staggering $130 million during a foreclosure auction. Listed originally for inflated prices by owner Gary Winnick, this luxurious estate boasts a rich history dating back to 1938, showcasing t...
Peter Thiel, the billionaire entrepreneur, has acquired Casa Encantada in Bel-Air for a staggering $130 million during a foreclosure auction. Listed originally for inflated prices by owner Gary Winnick, this luxurious estate boasts a rich history dating back to 1938, showcasing the classic Old Hollywood style and offering stunning views of the Bel-Air Country Club.
Original Source
https://timesofindia.indiatimes.com/real-estate/news/peter-thiel-quietly-bought-los-angeles-40000-sq-ft-casa-encantada-for-130-million-at-foreclosure-after-it-had-once-been-listed-for-250-million-his-identity-as-the-buyer-stayed-hidden-for-months/articleshow/134612414.cms
