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Celebrities Making Moves

May 14, 2020

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.

 

Built in 2019, the mansion spans 15,000 square feet, with seven bedrooms and 14 bathrooms.(Realtor.com)

 

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.

 

Photo by JIM BARTSCH

 

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

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