Business mogul, Rupert Murdoch, has surfaced to headlines in 2015 for selling his Angelo Drive estate at Beverly Hills. The 83 year old Founder and CEO of News Corporation has offloaded the house in the family only, but for a price. LA Times reports that senior Murdoch sold the Beverly Hills estate to his youngest son James for $30 million. The chief operating officer of 21st Century Fox couldn’t wait or take a chance to inherit it when he had the option of buying it outright at the moment!
When the estate was listed for sale last year, it drew interest of Leonardo DiCaprio and the likes. However it was withdrawn from the market by Rupert Murdoch only to be sold to junior Murdoch. The historic property has been designed by Wallace Neff and built in 1926 for silent-film director Fred Niblo and his wife, actress Enid Bennett. Nestled in 3.3 acres of greenery, the two-story residence spreads out over 8,651-square and includes eleven bedrooms and nine bathrooms. It features a round motorcourt in a semicircle layout and a swimming pool too.
It is known that Rupert Murdoch resides at his Moraga Vineyards estate in Bel Air, which he bought just two years back for $28.8 million.
Via LA Times