James Jannard, the founder of Oakley, recently put his Beverly Hills compound up for sale for $68 million. This comes after he made a record-breaking $210 million sale in Malibu, surpassing Jay-Z. With an estimated net worth of $1.3 billion, Jannard has had a successful career in business, starting Oakley in 1975 before selling it for $2.1 billion and later founding Red Digital Cinema.
The compound, which spans 18,000 square feet, features five bedrooms and ten bathrooms. It also includes a large oval courtyard with massive metal doors. Originally purchased in 2009 for $19,900,000, the futuristic fortress sits in Trousdale Estates at the foothills of the Santa Monica mountains and was built in 2016. The mansion’s design and amenities make it truly one of a kind and offer potential buyers a glimpse into a lavish and exclusive lifestyle.
Jannard’s decision to sell the compound after his success in the real estate market further solidifies his status as a savvy entrepreneur and investor. He has shown that he knows when to buy and sell properties at the right time to maximize his profits. The sale of this property is expected to set another record in the real estate market and attract potential buyers from all over the world who are looking for unique and luxurious living spaces.
Overall, Jannard’s success story serves as an inspiration to aspiring entrepreneurs everywhere who are looking to build their own businesses from scratch and achieve financial freedom through hard work and dedication.
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