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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Jeff Bezos Warner Bros Lachlan Murdoch Los Angeles Beverly Hills residential real estate renovations luxury real estate 4/7/23 Jeff Bezos Warner Bros Lachlan Murdoch Los Angeles

Construction halted on Jeff Bezos’ megamansion as net worth drops by $57B

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$57 billion last year. That was due to a 38% drop in Amazon’s stock price as of March 10.Known as the legendary Jack Warner Estate after the former president of Warner Bros.

Entertainment., the $165 million deal set a Los Angeles record until Marc Andreessen beat out Bezos’ record, paying $177 million for a sprawling 7-acre Malibu compound in 2021.Previously, the title went to media executive Lachlan Murdoch, who paid $150 million for the Bel-Air estate known as “Chartwell,” which served as the Clampett residence in the popular 1960s TV show “The Beverly Hillbillies.”The compound today includes a three-story main house, a guest house, gym, a pergola and a security guard house.The new pool house will be around 697 square feet in size.

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