Browsing: troubled

Peter Thiel buys troubled Bel-Air mega-mansion for $130 million

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Casa Encantada — a 40,000-square-foot Bel-Air mega-mansion considered one of L.A.’s most iconic estates — has a new owner: Peter Thiel. The billionaire venture capitalist and PayPal co-founder quietly bought the property through a limited liability company at a foreclosure auction in Pomona in July, according to the Wall Street Journal, which first reported the…