Amazon Founder Buys Warner Estate for $165 mn
Amazon founder & CEO Jeff Bezos bought the Warner Estate from media mogul David Geffen for $165 million, setting a new record for the region.
This Los Angeles based home deal price set a new record in the area, according to the data.
Last year Lachlan Murdoch paid around $150 million for a Bel-Air estate seen in "The Beverly Hillbillies," a 1960s television show.
The Warner Estate spans nine acres (3.6 hectares) in Beverly Hills. It is a Georgian-style compound with a floor once owned by Napoleon, guest houses, a tennis court, and a nine-hole golf course.
It was originally built in the 1930s by the late Jack Warner, former president of Warner Brothers, the Journal reported.
Bezos, whose worth has been estimated at more than $110 billion, started internet colossus Amazon...