Amazon chief Jeff Bezos buys Warner Estate in Beverly Hills for record $165 million
Updated : February 13, 2020 07:53 AM IST
The deal marks a record for the Los Angeles area. The previous residential record was set late last year, when media executive Lachlan Murdoch paid roughly $150 million for Chartwell.
Geffen purchased the 9.4-acre (3.8-hectare) estate in 1990 for a reported $47.5 million. It is named for Jack Warner, the head of Warner Bros. Studio who built the mansion in 1937.
Bezos, whose net worth was estimated by Forbes at $131 billion this year, owns properties around the world.