The co-founder of Beats Jimmy Iovine just bought a Malibu mansion for $60 million. He can certainly afford it with the billion plus he got for selling beats to Apple last year.
Television producer Marcy Carsey, who is known for The Cosby Show and Roseanne, sold him the property in an off market deal. She bought it from Richard Gere in 2000 for $10 million. That’s a 600% profit in less than 15 years.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at firstname.lastname@example.org.
The beachfront property comes with 4 acres of land and was built in 1954. It overlooks Paradise Cove. The main house has three bedrooms and 2, 500 square feet. There are also two cottages and a guest house. The grounds include a tennis court and of course a swimming pool.