Jeff Bezos shatters California record with $165-million purchase of Geffen mansion

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Jeff Bezos shatters California record with $165-million purchase of Geffen mansion
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The purchase of the Warner estate is the most ever paid for a home in California

Spanning nine acres, Bezos’ new showplace was originally designed in Spanish Colonial Revival style but was reimagined as a grand Georgian mansion in the 1930s by architect Roland Coate for movie mogul Jack Warner, according to the book “Master Architects of Southern California 1920–1940: Roland E. Coate.” Geffen had owned the home since 1990, when he paidAdvertisement

Media mogul David Geffen paid $47.5 million in cash for the Beverly Hills estate of movie mogul Jack Warner in 1990. He’s sold the property to Jeff Bezos for a record $165 million. At the time of Geffen’s purchase, the property featured eight bedrooms, a card room, a screening room and a domed bar. Geffen was particularly interested in Warner’s office, which had been left intact, according to the book “David Geffen Builds, Buys and Sells the New Hollywood.”

Outside, the property holds a golf course, a series of fern gardens, fountains and sculptures. A 300-foot, tree-lined drive ends at a circular motor court. Elsewhere on the grounds are a pool and tennis court. “David has the best taste of anybody, so you have the richest guy in the world buying the best of the best,” said Stephen Shapiro of Westside Estate Agency. “Why would he settle for anything less?”Bezos is currently ranked by Forbes and Bloomberg as the world’s richest man, with a net worth of $131 billion.

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