This big purchase has become California's most expensive private residence ever bought and the second most expensive in the country behind the Central Park penthouse bought by Kenneth Griffin, founder and CEO of Citadel.
The house was originally commissioned by soap opera legends William and Maria Bell in 1999. It took about 15 years to complete the concrete mansion that sits right on the Southern California coast. The house was sold by one of the Bell's sons, Bill Bell Jr.
This new deal crushed the record held by the $177 million home purchased by Netscape co-founder Marc Andreessen in 2021, also in Malibu, according to Architectural Digest. Andreeseen's purchase beat Jeff Bezo's record for his $160 million home in Beverly Hills that he purchased in 2020, according to the Times.
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