Wednesday, February 25, 2015

Rupert Murdoch sells estate in Beverly Hills for $30 million

Rupert Murdoch estate in Beverly Hills sells for $30 million
Beverly Hills estate sold by Rupert Murdoch includes wooded acreage, swimming pool
Media magnate Rupert Murdoch sold his house in Beverly Hills for $30 million, public records show.
“Quietly listed” outside the Multiple Listing Service last year, the property attracted interest from such Hollywood A-listers as Leonardo DiCaprio and drew multiple offers. Murdoch ended up pulling the property off the market.
His youngest son, James Murdoch, has been identified as the buyer by the blog New York in Exile. Real estate sources not authorized to talk about the deal also identified the younger Murdoch as the buyer. The property was taken in the name of a New York limited liability company.
Constructed in 1926, the Wallace Neff-designed house was commissioned by early film director (“Ben Hur,” 1925) and silent film actor Fred Niblo. MCA founder Jules Stein bought the estate from Niblo. Rupert Murdoch was the third owner.
The 8,651-square-foot two-story house, set on 3.3 acres, hugs a round motorcourt in a semicircle layout. There are 11 bedrooms and nine bathrooms.
The wooded grounds include expanses of lawn and a swimming pool.
Rupert Murdoch is founder and chief executive of News Corp. and 21st Century Fox. He owns other real estate, primarily in New York, as well as the 13-acre Moraga Vineyards estate in Bel-Air, which he bought two years ago for $28.8 million.

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