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Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m

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The 1938 mansion, Casa Encantada, once belonged to Conrad Hilton and was sold at foreclosure auctionTech billionaire Peter Thiel has been revealed as the new owner of a storied Bel-Air estate that quietly sold in July for a staggering $130m. The 1938 mansion, Casa Encantada, was sold at an open-air foreclosure auction in Pomona, with the name of the buyer kept under wraps for months. The winning bid is now revealed to have come from a limited liability company linked to the venture...

The 1938 mansion, Casa Encantada, once belonged to Conrad Hilton and was sold at foreclosure auction

Tech billionaire Peter Thiel has been revealed as the new owner of a storied Bel-Air estate that quietly sold in July for a staggering $130m.

The 1938 mansion, Casa Encantada, was sold at an open-air foreclosure auction in Pomona, with the name of the buyer kept under wraps for months. The winning bid is now revealed to have come from a limited liability company linked to the venture capitalist and PayPal and Palantir co-founder, according to the Wall Street Journal, which first reported the buyer’s identity.

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Peter Thiel (PERSON) Bel Air mansion (ORG) Casa Encantada (ORG) Conrad Hilton (PERSON) Bel-Air (ORG) Pomona (LOCATION) PayPal (ORG) Palantir (PERSON) the Wall Street Journal (ORG)
Originally published by The Guardian UK Read original →