Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m
Summary
Tech billionaire Peter Thiel bought a large and historic mansion in Bel-Air for $130 million at a foreclosure auction. The estate, called Casa Encantada, is one of the most expensive homes sold in Los Angeles this year, and Thiel plans to use it as an investment, not his home.Key Facts
- Peter Thiel bought Casa Encantada, a 40,000-square-foot mansion in Bel-Air, for $130 million.
- The sale happened at a foreclosure auction, with the buyer’s identity hidden until now.
- The previous owner, Gary Winnick, asked for up to $250 million before his death in 2023.
- The mansion sits on 8.4 acres and has seven bedrooms, 20 bathrooms, a library, tennis court, gardens, pool, and guesthouse.
- Casa Encantada was previously owned by hotel founder Conrad Hilton and billionaire David Murdock.
- Thiel does not plan to live in the house but sees it as an investment and wants to make upgrades.
- Thiel has several properties worldwide, including in Hawaii, New Zealand, Miami, Washington DC, and Buenos Aires.
- Thiel reportedly moved his main home from California to Florida due to debates about wealth taxes.
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