Economy · World

Peter Thiel Buys Bel-Air Mega-Mansion for $130 Million

Billionaire Peter Thiel is the undisclosed buyer of Casa Encantada, a mega-mansion in Bel-Air, for $130 million. The property has a history of being troubled. The Wall Street Journal reported that Thiel was behind the purchase, while the Los Angeles Times also identified him as the buyer.

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