Peter Thiel, the billionaire entrepreneur, has acquired Casa Encantada in Bel-Air for a staggering $130 million during a foreclosure auction. Listed originally for inflated prices by owner Gary Winnick, this luxurious estate boasts a rich history dating back to 1938, showcasing the classic Old Hollywood style and offering stunning views of the Bel-Air Country Club.
This story was reported by The Times of India. Read the full coverage at The Times of India.