- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Meet man who owns biggest modern home in US worth Rs 1045 crore, runs Rs 11620 crore company, he is...
Fashion Nova CEO Richard Saghian bought the famous Bel Air mansion "The One" for $141 million.
Updated : Sep 10, 2024, 06:24 AM IST
 "Richard Saghian")
TRENDING NOW
)
'Gets very difficult to...': Abhishek Bachchan's FIRST interview amid divorce rumours with Aishwarya Rai goes viral
)
Shilpa Shetty breaks down, Salman Khan cancels shoot; celebs rush to Lilavati hospital after Baba Siddique shot dead
)
'Until Nitish took charge in Bihar, there was no serious concern for...': PM Modi attacks previous RJD-led govt in state
)
'He was adamant...': Here's why Abhishek Bachchan skipped Aishwarya Rai's birthday celebrations amid divorce rumours
)
Kerala lottery TODAY November 14: Karunya Plus KN- 547 result to be OUT at 3 PM, know how to check full winners list
)
Meet Imsha Rehman, Pakistani TikTok star who deactivated her accounts after video leak and Minahil Malik's MMS
)
Meet star with no hit films, still earns Rs 5 lakh a month, is more famous than Aishwarya, Amitabh, Kareena, Ram Charan
)
Internet fuming over BIZZARE fan reaction in Diljit Dosanjh concert, netizens say, 'better if asteroid hit earth'
)
'Vivian Dsena you are an...': Ravi Dubey reacts after Madhubala star calls him his favourite TV actor in Bigg Boss 18
)
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
)
India's highest paid actor charges Rs 300 crore for a film; more than Vijay, Shah Rukh, Prabhas, Rajini, Ranbir, Salman
)
Meet woman, who travels in India's most expensive SUV, owns Rs 1160000000 house, not Nita Ambani, Isha Ambani, she is...
)
India's biggest hit film released in 1988, made heroine a superstar after 10 flop films, is related to SRK, earned Rs..
)
Mukesh Ambani's son Anant Ambani, daughter in law Radhika Merchant seen hand in hand in Dubai, video goes viral
)
Pakistani TikTok star Minahil Malik's dance video goes viral amid MMS leak controversy, watch
Richard Saghian who is the founder and CEO of Fashion Nova, has made headlines by purchasing a famous Los Angeles mega-mansion known as "The One" for $126 million. This massive estate, located in the upscale neighborhood of Bel Air, is renowned as the largest modern home in the United States. Spanning an incredible 105,000 square feet, the house was originally listed at $295 million.
Saghian, who has a passion for real estate, will actually end up paying around $141 million for the property, as reported by The Los Angeles Times. This higher amount includes a 12% auction fee on top of the initial $126 million price.
In a statement shared with Insider, Saghian expressed his excitement about acquiring the unique property, saying, "'The One' Bel-Air is a once-in-a-lifetime property that can never be duplicated. There is nothing else like it. As a lifelong Angeleno and avid collector of real estate, I recognized this as a rare opportunity that also lets me own a unique property that is destined to be a part of Los Angeles history."
Saghian's purchase of "The One" not only adds to his real estate portfolio but also cements his status as a significant figure in Los Angeles, particularly in the world of luxury property ownership.
The DNA app is now available for download on the Google Play Store. Please download the app and share your feedback with us.
