Fashion Nova’s Billionaire CEO Richard Saghian Buys Bel-Air Mega Mansion For $141 Million.
Usually preferring to stay out of the spotlight, Fashion Nova’s founder and CEO Richard Saghian made an unusually splashy purchase this week, paying $141 million for a mega-mansion in Bel Air.
The Los Angeles home called ‘the one’, which the developer had hoped to sell for a reported $500 million is being sold to fashion nova’s owner for less than half that lofty amount. The house is being sold during a bankruptcy auction through concierge auctions this week. It was originally listed at $295 million dollars.
The Persian forty year old is estimated to be worth between $50 million and $ 710 million.
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Bigger than the White House!
Stupendous grounds
So sleek
Snapped up for more than $150 million off the asking price
What a deal
Loving this sumptuous living room
But the cinema could have been more lavish for that price
Now that’s more like it
Ok this is a major flex
You reap what you sow
