WEA in the LA Times: Beverly Hills estate of late billionaire Kirk Kerkorian fetches $19 million
The longtime Beverly Hills home of billionaire investor Kirk Kerkorian has sold for $19 million.
Kerkorian, who died in June at age 98, bought the nearly 1.3-acre property in 1998 for $4 million, public records show.
Completed in 2000, the Mediterranean-style house sits behind a pair of gates and has two motor courts and a three-car garage.
Within more than 9,700 square feet of space are a two-story entry hall, formal living and dining rooms, a home theater, a library/den and an elevator. Two master suites are among a total of six bedrooms and six full bathrooms.
Outdoors, hedged grounds center on a north-south tennis court and an adjacent guesthouse. A covered patio, formal landscaping and an expanse of grass complete the setting.
Fred Bernstein of Westside Estate Agency represented the buyer.
Kerkorian amassed a fortune estimated at $18 billion at one point, dabbling in the casino, aviation, auto and movie industries. Among his endeavors was the buying and selling of MGM Studios three times.
His worth was most recently estimated at $4 billion, according to Forbes.