Malibu Mansion: The Most Expensive Home in California Sold for $210 Million
Malibu, the iconic coastal enclave known for its breathtaking views and celebrity residents, has once again made headlines with the sale of a jaw-dropping piece of real estate. The founder of the renowned eyewear brand Oakley, James Jannard, has sold his luxurious Malibu home for a staggering $210 million, setting a new record for the most expensive home ever sold in California. The uber-luxury pad, which far surpasses even Malibu's notoriously high real estate standards, eclipses the previous record held by Jay-Z and Beyoncé. The power couple had made headlines themselves last year with their $200 million purchase of a Malibu compound, a figure now comfortably surpassed by Jannard’s sale. James Jannard, who established Oakley in 1975, originally purchased the sprawling estate in 2012 for $75 million. The recent sale, as reported by the Los Angeles Times, represents a significant return on his investment. The identity of the new owner remains a mystery, as the p...
