Amazon CEO Jeff Bezos laughs at a dialogue on the Air Drive Affiliation's Air, House and Cyber Convention in Nationwide Harbor, Md., Sept. 19, 2018
Amazon CEO Jeff Bezos laughs at a dialogue on the Air Drive Affiliation’s Air, House and Cyber Convention in Nationwide Harbor, Md., Sept. 19, 2018.
Andrew Harrer | Bloomberg | Getty Pictures
Amazon Chief Government Jeff Bezos, the world’s wealthiest particular person, has bought a Beverly Hills mansion referred to as the Warner Property from media mogul David Geffen for $165 million, a supply accustomed to the deal stated on Wednesday.
The sale value is believed to be the very best in a Los Angeles-area residential actual property transaction, surpassing the earlier document of $150 million reportedly spent by media government Lachlan Murdoch final 12 months to purchase the Chartwell property in Bel-Air.
The Chartwell chateau was acquainted to tv viewers of the 1960s because the palatial dwelling of the fictional Clampett household within the CBS traditional sitcom “The Beverly Hillbillies.”
The 9.4-acre (3.8-hectare) property offered by Geffen to Bezos — in a deal first reported by The Wall Avenue Journal — boasts a stately Hollywood pedigree all its personal. It’s named for Jack Warner, the Warner Bros Studio chief who constructed the mansion in 1937.
Geffen bought the Warner Property in 1990 for $47.5 million, a then-record value for a Los Angeles-area dwelling, in accordance with the Journal. The Chartwell property set a brand new all-time excessive for the state when it offered for about $150 million late final 12 months, the Los…