Billionaire Michael Mente Pays $45M for Spec-Built Trophy in Beverly Hills

Published: February 12, 2022 | By: American Luxury Staff

Revolve CEO Michael Mente is the new owner of a spec-built construction in Beverly Hills. The acquisition came with an appropriately heavyweight price tag, according to Dirt: it closed at $45 million.

The seven-bedroom, 15,000 sq. ft. modern replaced a 1955-built 3,800 sq. ft. three-bed; a somewhat larger footprint. The .80-acre lot accommodates its rambling design well, and offers jetliner views that give the living style a context that’s both urban and secluded.

Exterior architectural flourishes suggest immensity and timelessness, with stone and/or reclaimed timber accents. In keeping with contemporary trends in high-end design, this home’s interiors are understated, with embellishment relegated to material and natural texture: glossy stone tile floors, glass, steel, and wood tones.

Space is central to the living style, and the main living area is a cavernous room; an unusually long linear fireplace emphasizes the proportions. And specialty rooms in this house make for a long list. A library is included in the layout, as well as a home theater, a wine room and a gym. Outside, a large infinity-edge pool overlooks Los Angeles and the Pacific.

Mente co-founded fashion e-tailer Revolve nearly 20 years ago. The company went public in 2019 and boasts a market cap of $4.3 billion. Its shares have soared over 600% during the pandemic, rising from a low of $7.66 in March of 2020 to their current price of nearly $60.

Mente is 41. His net worth is north of $1 billion, according to Forbes.

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