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Fashion Nova's Billionaire CEO Richard Saghian Buys Bel-Air Mega Mansion For $141 Million | Forbes
Posted
March 9, 2022
Views
165,186
Likes
3,446
Comments
152
Engagement
2.18%
March 9, 2022
165,186
3,446
152
2.18%
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1:51Now PlayingUsually preferring to stay out of the spotlight, Fashion Nova’s founder and CEO Richard Saghian made an unusually splashy purchase this week, paying $141 million for a mega-mansion in Bel Air.
The Los Angeles home called ‘the one’, which the developer had hoped to sell for a reported $500 million is being sold to fashion nova’s owner for less than half that lofty amount. The house is being sold during a bankruptcy auction through concierge auctions this week. It was originally listed at $295 million dollars.
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