Did the $500 million dollar house get sold?
megamansion for $500 million. Instead, the home was auctioned off for $126 million, leaving a trail of debt in its wake.
Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.”
The most expensive house in the world and the world's biggest house is Buckingham Palace, owned by the King Charles III in right of the United Kingdom Crown with an estimated value of $6.7 billion.
Earlier this year, Richard Saghian, owner of the fast-fashion business Fashion Nova, bought the Los Angeles mansion known as “The One” for $141 million.
Rank | Area | Owner |
---|---|---|
1 | 178,926 sq ft (16,622.8 m2) | The Biltmore Company |
2 | 109,000 sq ft (10,100 m2) | Gary Melius |
3 | 105,000 sq ft (9,800 m2) | Richard Saghian |
4 | 100,000 sq ft (9,300 m2) | (demolished in 1980) |
Marc Andreesen just set a record in California after he paid $177 million for a compound in Malibu, while Coinbase CEO Brian Armstrong paid $133 million for a modern mansion, located near “The One” in Bel Air.
Now, it has a new name: California's chart-topper. The Bel-Air residence of late media mogul A. Jerrold Perenchio has sold for the highest price in California history, about $150 million. The buyer is Lachlan Murdoch, son of Rupert Murdoch and co-chairman of publishing company News Corp., The Times has confirmed.
The Word's Most Expensive House: Mukesh Ambani's $1 billion Property. The 27-floor private tower in the heart of Mumbai has been classified as “the most expensive residence in the world” by Forbes magazine.
'The One' In Los Angeles Could Become The Most Expensive Home Ever Sold In The U.S. At $295 Million. Opinions expressed by Forbes Contributors are their own.
Which celebrity owns most houses?
Jeff Bezos
In Medina, Washington, he owns a set of properties worth $10 million: one boasts 20,6000-square-feet of living space, while the other has 8,300 (both have 5 beds, 4 baths). He also bought another adjacent property listed at $53 million (24,000-square-feet, 6 beds, 6 baths).
The mansion known as The One is L.A.'s largest residence, with 21 bedrooms and 42 full bathrooms. The $141-million offer by Fashion Nova founder Richard Saghian for the Bel-Air mega-mansion known as “The One” was approved Monday by a U.S. Bankruptcy Court judge.

A 105,000-square-foot Los Angeles megamansion known as “The One” sold at a bankruptcy auction for $141 million. It was built by Nile Niami, who promoted it as the “biggest and most expensive modern home in America,” with an eventual asking price of $500 million.
#1 Biltmore Estate (Asheville, North Carolina): 175,000 square feet. The Biltmore Estate isn't just the largest privately owned house in the United States — it blows the competition out of the water.
From a monumental palace with over 1,000 rooms to a modern masterpiece towering over Mumbai, these are 10 of the world's biggest houses. Happy daydreaming! The world's largest residential palace, Istana Nurul Iman serves as the official home of the sultan of Brunei, his family, and dignified guests.
Who is the owner of the biggest house in the world. Istana Nurul Iman Palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah, is the largest house in the world, spread over 2.15 million square feet.
The $295 million mega-mansion, dubbed "The One," was built by ex-movie producer Nile Niami as the nation's largest and most expensive private residence.
Oppenheim declined to comment on the seller, but records reveal that the home is owned by Tom Bilyeu, co-founder of the food company Quest Nutrition.
The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.
- Jennifer Lopez. ...
- Kim Kardashian and Kanye West. ...
- Beyonce and Jay-Z. ...
- Tony Curtis, Marilyn Monroe, Burt Reynolds, and Sonny and Cher. ...
- Meg Ryan, Diane Keaton, Ben Affleck, and David and Victoria Beckham.
Is the one bel air sold?
The One sold for US$141 million, according to Concierge Auctions, which offered the sale of the home online. The buyer is Richard Saghian, the CEO of fast-fashion company Fashion Nova, according to media reports.
Originally $30 million, the pro brokers wound up selling the Razor House to Keys and her husband Swizz Beatz for just $20.8 million.
Davina never managed to get a buyer for the house, which Sen and his wife now live in.
The house, which is still available and listed on The Oppenheim Group website, has become an internet sensation. “I totally embrace it.
Rank | Square footage (Square meterage) | Private owner (birthplace) |
---|---|---|
1 | 120,000 square feet (11,000 m2) | Nile Niami |
2 | 55,005 square feet (5,110.1 m2) | Petra Eccleston |
3 | 51,000 square feet (4,700 m2) | John Brady (Bosnia and Herzegovina) |
4 | 49,300 square feet (4,580 m2) | Anthony Pritzker (United States) |
The 21-bedroom, 49-bath hilltop estate — dubbed “The One” — had a list price of $295 million. Developer Nile Niami said in 2015 that he would ask $500 million for the Bel Air property, which also has five swimming pools and a 30-car garage.
The $141-million offer by Fashion Nova founder Richard Saghian for the Bel-Air mega-mansion known as “The One” was approved Monday by a U.S. Bankruptcy Court judge.
The singer and her hip-hop producer husband, whose given name is Kasseem Dean, made headlines when they dropped $20.8 million on the ultramodern cliffside home.
Fredrik Eklund is taking fans inside his lavish new six-bedroom Beverly Hills home that is far from ordinary! The bicoastal star of Bravo's Million Dollar Listing (New York and L.A.) shares the home with his husband Derek Kaplan and their 3-year-old twins, Milla and Fredrik Jr.
Designed by Wallace E. Cunningham in La Jolla, California, it was originally on the market for $45 million, then at $30 million, reduced to $24.995 million, with Alicia Keys paying $20.8 million for the abode.
What is the most valuable house in the United States?
The One, Los Angeles, California
The One, which took eight years to create, has surpassed all other pricey mansions in the US to claim the top rank. Nile Niami's modern masterpiece, this private mansion is situated on a five-acre site in Bel Air, Los Angeles, California.
"Iconic Hearst Castle used to top the list of California's largest homes, but it's been usurped. The One, a newly-completed 100,000 square-foot mega-mansion built by real estate mogul Nile Niami, is expected to sell for at least $340 million.
The Word's Most Expensive House: Mukesh Ambani's $1 billion Property. The 27-floor private tower in the heart of Mumbai has been classified as “the most expensive residence in the world” by Forbes magazine. This real estate madness has been built by the boss of Reliance Industries: Mukesh Ambani.
The agents typically make a 3 per cent commission from the cost of each listing, the houses on Selling Sunset are often in the high millions. For example, a home sold at $5 million by one of the Oppenheim Group ladies would bank them a $150,000 commission – not bad!
San Francisco, California has the highest median home value across the 150 cities in our study and also ranks No. 1 for its percentage of million-dollar homes. Close to seven in 10 owner-occupied homes in area are worth upwards of $1 million.