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Jeffrey Katzenberg Sells $125 Million Beverly Hills Mansion to WhatsApp Co-Founder
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variety.comJames McClain Last month, former Dreamworks CEO-turned-founder of the struggling Quibi venture Jeffrey Katzenberg electrified L.A.’s luxury real estate market by inking a deal to sell his custom-built Beverly Hills home for $125 million in cash.
That figure represents the third-largest residential transaction ever closed in California, behind only David Geffen’s $165 million Beverly Hills sale to Jeff Bezos and Lachlan Murdoch’s $150 million Bel Air deal, and is particularly notable since the Hollywood mogul’s home was never publicly marketed for sale.Multiple sources now say that the mysterious buyer of Katzenberg’s palatial estate was not a U.K.-based family, as was initially reported, but rather multibillionaire American tech tycoon Jan.
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