Billionaire Russ Weiner Takes $25M for Luxuriant Beverly Hills Spread

Billionaire Russ Weiner Takes $25M for Luxuriant Beverly Hills Spread

Published: September 22, 2023 | By: American Luxury Staff

After years wavering on and off market, energy drink tycoon Russ Weiner finally sold his lavish Beverly Park estate for $25 million – $10 million under its original ask yet still pocketing gains from his 2015 purchase.

Under previous Russian ownership, the 1.2-acre compound was designed by famed architect Richard Landry. Grand columns flank its entryway, leading into 10,575 feet hosting eight bedrooms and amenities fit for resort-style living. Vast limestone floors accompany commercial-grade kitchens, while upstairs the spa-like master and private library exude indulgence.

Outside, pathways meander between olive trees and vibrant flowerbeds. An artificial lawn offers carefree recreation alongside the pool and outdoor kitchen. For the new owner, it’s the ultimate entertainer’s paradise tucked within Beverly Park’s exclusive gates.

Weiner departs this Hollywood haven having almost doubled his investment in under a decade – an impressive flip even by luxury standards. With mansions still held in Park City and Beverly Park, the business tycoon has ample luxury real estate in his portfolio. This lengthy sale simply pruned one property from his expanding empire.

Weiner’s net worth is around $4.8 billion, per Forbes.

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1763 September 22, 2023 Real Estate September 22, 2023