Covid is not stopping these celebrity status buyers from purchasing their next dream homes. Take a look at Kylie Jenner’s, Michael Bloomberg’s, and Travis Kalanick’s new digs.
Another year, another home for Kylie Jenner. The reality star has shelled out $36.5 million for a modern compound in Holmby Hills, TMZ reported.
It’s an impressive pickup for the world’s youngest billionaire, who bought some land in La Quinta last year and a contemporary mansion in the Beverly Hills Post Office area with Travis Scott the year before that.
At $36.5 million, this is L.A. County’s second-highest sale in April, behind only the famed estate of former L.A. Rams owner Georgia Frontiere — which traded handsfor a whopping $43.3 million earlier this month.
Read the full article at LA Times
With his expensive White House campaign now kaput, billionaire businessman Michael Bloomberg is licking his wounds as only a billionaire mogul can: by splashing the cash on yet another pricey home. The deep-pocketed former New York City mayor has paid about $44.8 million for a sprawling Colorado ranch to be used as a winter retreat. The 4,600-acre estate was previously owned by Henry Kravis, co-founder of private equity juggernaut KKR, the Wall Street Journal reported.
The ranch is located in a semi-remote corner of northwest Colorado, though it’s only about an hour’s drive from celeb-soaked Aspen. According to property records, Bloomberg closed on the estate — which was originally listed in early 2019 for for $46 million — just six weeks after dropping out of the presidential race.
Read the full article HERE by Jeff Vasishta.
Travis Kalanick, the co-founder and former chief executive of ride hailing company Uber, is the previously undisclosed buyer who paid $43.3 million for a Los Angeles estate last month, according to sources with knowledge of the deal.
Known as the Bellagio estate, the property traded well below its original $75 million asking price, but is one of the largest L.A. home sales to close since the coronavirus pandemic.
The seller was a limited liability company tied to real-estate investor Christopher Cole, records show. Mr. Cole’s company paid $38 million for the property in 2015. Another previous owner of the property was the late NFL team owner Georgia Frontiere.
Read the full article in Mansion Global here