Amazon.com Inc. Chief Executive Jeff Bezos has purchased the famed Warner Estate from David Geffen for $165 million, according to reports.
The Warner Estate was built for former Warner Bros. President Jack Warner in the 1930s. The home sits on 9 acres and has expansive gardens, multiple guest homes, a pool, a tennis court and a nine-hole golf course.
It’s a record-breaking sale for the L.A. market. The previous mark was set in late 2019 when Fox Corp. Chairman and Chief Executive Lachlan Murdoch paid $150 million for the Bel-Air home used in “The Beverly Hillbillies.”
Bezos is the world’s richest man with an estimated worth of roughly $132 billion, according to Forbes. Geffen was No. 4 on the Business Journal’s Wealthiest Angelenos list in 2019 with an estimated net worth of $9.2 billion, up from $8.2 billion in 2018.
Amazon, which first came to L.A. in 2008 when it acquired Withoutabox, has been expanding its footprint in the county, partly by building out offices for movie brand IMDb and streaming service Amazon Studios.
Amazon has space in Santa Monica, Manhattan Beach and Glendale. And it’s betting big on Culver City, near Bezos’ new Beverly Hills digs.
The company has leased 530,000 square feet at Culver Studios and 75,000 square feet at the Culver Steps. Both buildings are owned by Hackman Capital Partners.
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