Rumor has it: Bruce Karsh in escrow on the $77.5 million Holmby Hills farmhouse

Good gracious! Yolanda’s flip phone has been blowing up with news that the Grey Estate in Holmby Hills, listed less than two months ago with a hernia-inducing $77,500,000 asking price, is already in escrow. The potential buyer, we first heard from Our Mama at Variety, is billionaire finance guru Bruce Karsh, one of LA’s richest […]

Jamie Kern Lima tosses down $35 million cash on a major Montecito estate

A mere three months have passed since the devastating Montecito mudslides, which killed more than 20 local residents, injured dozens, caused a mass evacuation, and devastated the local economy. Our scholarly Santa Barbara-based friend/tipster Barbara Bane — who we have previously mentioned on this blog — grimly prophesied that the mudslides will continue to haunt […]

Wristwatch entrepreneur John Simonian antes up $32 million in Beverly Park

Though long considered the most prestigious guard-gated community in Southern California, the opulent Beverly Park seems lately to have declined in popularity among the ultra-wealthy jetset. Folks with cash to burn are routinely choosing other areas — Trousdale Estates, Bel Air, Holmby Hills — over the big BP. For this, the most common reason cited […]

Lottery winner Ronald Willis dumps $4.8 million cash in Hidden Hills

A large house in the guard-gated and celebrity-swarmed Hidden Hills community recently sold for $4,800,000 to a couple named Ronald Willis and Yolanda Mangum. Our Mr. Willis was just an ordinary dude until September 11, 2012, when he beat nearly-insurmountable odds to win $120 million in a mega-millions lottery jackpot. For the TV press conference, Mr. […]

Morphe makeup moguls Chris & Linda Tawil dump a record-breaking $25 million cash in Hidden Hills

The San Fernando Valley has long served as the butt of many a corny Angeleno’s jokes, particularly haughty Angelenos who reside on LA’s Westside. Folks out there like to imagine themselves superior to the “poor and trashy” individuals in the SFV. And yes, even Yolanda has been guilty of poking fun at the Valley for […]