Sumner Redstone’s palatial California mansion overlooking Beverly Hills has reportedly offered for $27 million.
The deceased billionaire media mogul, whose household nonetheless controls ViacomCBS, lived out the final a long time of his life within the lavish, 15,000-square-foot mansion, which was offered in a money deal that was simply $900,000 beneath the asking worth, The Hollywood Reporter mentioned.
The brand new proprietor is Rufus Hankey, chairman of software program developer Nowcom and an officer on the Hankey Group, a conglomerate based by his billionaire father Don Hankey which supplies financing and insurance coverage providers throughout industries like automotive, actual property and tech.
The Redstone household listed the five-bedroom, nine-bathroom Beverly Hills mansion at 31 Beverly Park Terrace on April 16.
Customized-built within the Eighties by designer Dorothy Schoelen and bought by Redstone from Sylvester Stallone in 2002 for $14.5 million, the property features a formal eating room that opens through French doorways to an al fresco eating house, together with a gourmand kitchen replete with customized cabinetry, a middle island with sink, high-end home equipment, an elevated eating space and an indoor pool.
On the grounds, the property options an infinity pool that spans the sting of an unlimited again garden, in addition to a sunken tennis court docket missed by an arbor-covered loggia and a trellis-covered eating pavilion with a big double-sided hearth.
Redstone, who died in August at age 97, was a colourful determine whose private life and can sparked controversy.
In 2015, firstly of his well being decline, Redstone had requested his two longtime feminine girlfriends — Sydney Holland, 48, and Manuela Herzer, 55 — to be the principal beneficiaries of his private property — rewarding them round $75 million apiece.
However these needs have been short-lived. A yr later he sued his exes for elder abuse, piling on to mounting authorized allegations that threatened to unravel his $40 billion media empire.
In 2018, particulars of the declining well being of the previous govt chairman of each CBS and Viacom had revealed that his solely means for communication was through an iPad that was preloaded with audio clips of his voice saying “Sure,” “No” and “F–okay you.”
A yr later, the Redstone household settled along with his exes, ending all litigation between the 2 sides, who’ve been battling within the courts for the reason that fall of 2015 when Redstone kicked Herzer out of his Beverly Hills mansion, changed her as his health-care agent, and wrote her out of his property planning.