Billionaire Peter Thiel pays $130 million for the Bel-Air house nobody would buy at $250 million
Peter Thiel bought the Bel-Air estate Casa Encantada for $130 million at a foreclosure auction, the Wall Street Journal reported on Sept. 29.
Los Angeles
Egypt’s richest man Nassef Sawiris purchases luxurious Beverly Hills mansion for $24 million
The Beverly Hills mansion is just one of Sawiris’ luxurious properties.
American billionaire Jay-Z meets Jeff Bezos in LA amid plans to acquire NFL team
Bezos is the world’s fourth-richest billionaire, while Jay-Z is the world’s 2,085th richest man.
African-American comedy mogul Kevin Hart to launch plant-based restaurant in LA next week
The restaurant chain will open in New York in a bid to uproot the fast-food industry.
African-American comedy mogul Kevin Hart to open plant-based restaurants in LA
The first Hart House will open this summer in Hollywood.