6 Hrs
Source:
Los Angeles Times
Thiel acquires Bel-Air mansion
Billionaire investor Peter Thiel purchased the Bel-Air estate Casa Encantada for $130 million at a foreclosure auction, making it one of Los Angeles’s most expensive home sales. The property, known for its Old Hollywood style and set on 8.4 acres, was previously owned by businessman Gary Winnick, who died amid debt after attempting to sell it for up to $250 million. The mansion, built in 1938, features extensive luxury interiors and gardens, with a history of high-profile ownership and record-setting sales.
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