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Gene Simmons closes a deal to sell off his palatial Beverly Hills mansion for $16 million
Gene Simmons has closed a deal to sell off his Beverly Hills mansion for $16 million dollars.The news about the 71-year-old's former property was initially reported by TMZ, who revealed that the buyer, Max Nobel of Nobel Development Group, is planning to make major renovations to the two-acre property.The media outlet also noted that the famed bassist previously purchased the residence in October of 1986 for$1,337,500, and he has made numerous renovations to the estate in the recent past.
