The couple’s reportedly selling their famed Malibu compound for $125 million. ft., mansion-sized garage that houses a portion of his exotic automobiles. Sited directly above Malibu’s postcard-worthy Paradise Cove — arguably the most beautiful beach in the L.A. area — the house itself is invisible from the Pacific Coast Highway streetfront, sequestered behind an immense hedgerow and a towering driveway gate. The deal has not closed yet. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Skip to … Ron Meyer, vice chairman of NBCUniversal, has sold his estate in Malibu for $100 million, reportedly to Whatsapp’s founder. Necessary cookies are absolutely essential for the website to function properly. After a star-studded charity soiree last year — one reportedly attended by the likes of Cindy Crawford, Jennifer Aniston and Barbra Streisand, among others — one loose-lipped partygoer blabbed to the Hollywood Reporter that Meyer had been “giving private home tours” to moneyed attendees throughout the night. Kaum has an estimated net worth of north of $10 billion, according to Forbes. Rappaport is an investor himself — he picked up a Brentwood estate in July for $16.3 million. NBC vice chairman Ron Meyer has put his Malibu mansion on the market for $125million, it has been reported.

We want to hear from you! This category only includes cookies that ensures basic functionalities and security features of the website. This website uses cookies to improve your experience while you navigate through the website. But it still looks as fresh as any of the boxy white contemporary spec mansions going up in places like Bel Air. Ron Meyer’s sprawling Malibu estate is officially on the market, and the vice chairman of NBCUniversal is looking for a record sale. All rights reserved © 2020 The Real Deal is a registered Trademark of Korangy Publishing Inc. Meyer ultimately kept the property — which he purchased from Ovitz for about $5 million — and built the mansion in the late 1990s. That price would have matched the record-breaking Spelling Manor, whose sale made it the most expensive home to have sold in Los Angeles County.

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Once NBC Universal’s Ron Meyer sold his vast Malibu estate for $100 million last Fall to billionaire Whatsapp co-founder Jan Koum, developers quickly began … Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. For the latest news, follow us on Facebook , Twitter , and Instagram . By clicking Subscribe you agree to our Privacy Policy. Though enormous, the blocky complex isn’t out of scale with most neighboring properties — in fact, it lies directly between two other equally massive estates, one owned by multibillionaire Public Storage heiress Tamara Gustavson and the other by Bosnia-born socialite Diana Jenkins. That’s the same price he’s been asking privately since this summer. Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M, “Million Dollar Listing” stars dish on LA’s luxury market, Producer Chuck Lorre buys again in Pacific Palisades, Rob Lowe sells Montecito mansion for $46M, Closing in on title, LeBron James closes on Beverly Hills mansion, $99M is not enough: Pierce Brosnan lists Malibu manse at massive price, John Legend and Chrissy Teigen find roomier digs in Benedict Canyon, For Simon Cowell, Trousdale Estates wasn’t a winner. Still, the priciest listing remains the massive Chartwell Estate in Bel Air. These cookies do not store any personal information. Somewhere inside is also a movie theater and a two-story library. Meyer was reportedly giving private tours of the home to guests, including to some A-list celebrities, during at least one fundraiser event there in May. Some of Koum’s other properties include — but are hardly limited to — a converted warehouse in Burlingame, Calif. that now functions as a high-tech and heavily fortified private garage, an $8.5 million Atherton mini-estate, and a $5.5 million mansion in nearby Hillsborough, Calif. purchased for a close familial relative. These cookies will be stored in your browser only with your consent.

Meyer hired architect Charles Gwathmey to design the home in the late 1990s.

Launch Gallery: Ron Meyer's Sells $125 Million Malibu Compound to Tech Billionaire Sign up for Variety’s Newsletter . It has been a busy summer for massive Los Angeles mansion sales. Please Allow Javascript and reload this page. Koum, who was raised in the Soviet Union and subsisted on food stamps after immigrating to the U.S. with his mother as a teen, has a well-documented taste for lavish real estate. This website uses cookies to improve your experience while you navigate through the website. For full functionality of this site it is necessary to enable JavaScript. You also have the option to opt-out of these cookies. Kurt Rappaport of Westside Estate Agency represented both sides of the most recent deal. Ronald M Meyer’s current address is Pacific Coast Hwy, Malibu, CA, 90265-4340. Though the transaction has not yet publicly recorded, it’s become widely known that the Malibu mega-compound of former Universal Studios chief Ron Meyer is in escrow with a tech billionaire hailing from Northern California’s famously cash-flush Silicon Valley, the deal now all but done. A sale above $110M would be the most expensive ever in LA County. These cookies do not store any personal information. The property, designed by architect Charles Gwathmey, was the subject of a dispute between Meyer and his former business partner, Disney Michael Ovitz, co-founder of Creative Artists Agency and a past president of Walt Disney Company.

Where did Ronald M Meyer live before he moved into his current home? NBCUniversal vice chairman Ron Meyer and wife list their Malibu home for $125 Million amid split. By clicking Subscribe you agree to our Privacy Policy. As for the $125 million real estate, records show Meyer has owned his soon-to-be former Malibu property for over 20 years — since 1997, when he forked over approximately $5 million to buy the three-acre blufftop parcel from former CAA chief Mike Ovitz. At the far rear of the property, an almost absurdly long and zigzagging staircase leads down the cliff to the frigid Pacific Ocean’s edge. Remarkable sunset views broadly sweep the California coastline as they stretch from Point Dume all the way down to the Palos Verdes Peninsula and Catalina Island on the horizon.

Necessary cookies are absolutely essential for the website to function properly. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The acquisition — still easily the largest in Facebook history — made Koum and his business partner Brian Acton overnight multibillionaires. The chef’s kitchen opens to a family room that spills out to the outdoor terrace adjacent to the perfectly rectangular pool. All Rights reserved. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Send us a tip using our anonymous form. Meyer’s Paradise Cove estate features a 14,000-square-foot home with five bedrooms and six bathrooms, private access to a secluded beach, a large pool, and a tennis court. Meyer’s $100 million sale ranks among the biggest deals in the state.

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Get the latest scoop directly in your inbox. Calvin Harris Spins Hollywood Hills Hideaway to Charli XCX, Neve Campbell Screams Into Elegant San Fernando Valley Colonial, Amazon Web Services CEO Andy Jassy Buys Prime Santa Monica Home, Billionaire Neil Kadisha Buys $25 Million Beverly Hills Estate, Producer Jack Giarraputo Lists Malibu Estate Property for $31.5 Million, Tom Bilyeu Lists $14.8 Million Mulholland Drive Starter Mansion. While the rumored $100+ million sale price remains unconfirmed, the house has been available at a list of $125 million for over a year; unless the buyer is feeling unusually generous, the final figure will likely slot in comfortably below the $119.7 million Manor record. Meyer wants $125 million for the 3.1 acre estate in Paradise Cove, according to Variety. All rights reserved © 2020 The Real Deal is a registered Trademark of Korangy Publishing Inc. Fully landscaped and fanatically maintained, the acres of grounds include enormous swathes of grassy lawn and a full-size, properly positioned north/south tennis court. For full functionality of this site it is necessary to enable JavaScript. It the late media mogul Jerry Perenchio’s crown jewel, and has been on the market for $195 million.

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