SIMON Cowell is planning to sell his Los Angeles mansion - just days after quitting his Syco record label. Amidst ongoing global economic uncertainty, the star, 60, is hoping to place his sprawling six bedroom home on the market in a deal thought to be worth around £18million.
Sixteen years after buying the stunning residence - which comes complete with pool, gym, spa, cinema and live-in butler quarters, and has regularly featured on the X Factor - Simon hopes to maximise a property boom before the expected crash later this year.
The tycoon - worth £390 million - will keep his Malibu pad, telling friends he wants a “quieter life” away from the hustle and bustle of Hollywood.
Read more on thesun.co.uk