'It was not a home. It was a private museum.' Jeff Bezos bought David Geffen's mansion for a record $165 million. It includes a floor Napoleon stood on.
L.A.’s optimistic home developers spent the last few years constructing over-the-top glass compounds with candy rooms, helipads and bowling alleys on spec—assuming ultrarich buyers would bite. But a recent spate of $100-million-plus deals shows that buyers at the very top of L.
A.’s market are looking for something different: history. Amazon.com Inc. chief executive Jeff Bezos paid $165 million, a record for the area, to purchase a 9.4-acre quintessential old Hollywood estate—a Georgian-style compound built by Jack Warner,...
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