Oakley sunglasses founder James Jannard just dethroned Jay-Z and Beyoncé — at least in the world of real estate. Jannard sold his Malibu mansion for $210 million, first reported . It's the most expensive home real estate sale in California's history.
Jannard had bought the estate 12 years ago for $75 million. The new owner's name is shrouded behind an anonymous LLC, the Times reported. The mansion includes eight bedrooms, 14-bathrooms, and a tennis court spread over 9.
5 acres and was once shrunken down by previous owners who found the original main home "too grandiose," The makeover was handled by Michael S. Smith, who also re-designed the White House's Oval Office in 2010. The Jannard sale soars past the for their 40,000-square-foot concrete compound in Malibu.
The music industry power couple's home includes a private beach on 8 oceanfront acres. Before then, the California record holder was , who purchased a from fashion designer Serge Azria. No sprawling West Coast mansion, however, has topped the purchased by billionaire hedge fund manager Ken Griffin in 2019.
The three-floor trophy property is situated on Billionaire's Row at the south edge of Central Park and remains the most expensive real estate transaction in US history. A French chateau owned by the Rothschild family is currently making a bid to beat them all as the most expensive real estate sale in the world, with a current asking price of $452 million, . The historic home spans 100 rooms, 17 bedroom suites, a.