Business
Coupon king wants $150 million for Bel-Air mega-mansion
It’ll take a ton of coupons to purchase George Ruan’s mansion in Bel-Air. The billionaire, who co-founded the net coupon firm Honey, is purchasing round his 20,000-square-foot showplace for $150 million.
If he will get his worth, it’ll be among the many most-expensive offers in Southern California historical past. At $150 million, it’s the third-priciest property in the marketplace in Los Angeles County behind Michael Eisner’s $225-million compound in Malibu and the $165-million mansion often called the Manor in Holmby Hills.
Much more stunning is the truth that Ruan by no means lived within the residence. Information present he purchased it unfinished for $60 million in 2020 and spent the final two years finishing the property — which explains the $90-million worth leap.
It was constructed by Saota, an structure agency recognized for contemporary mega-mansions, and this one isn’t any totally different. Perched on a 1.15-acre promontory lot, the house showcases clear strains and huge, minimalist areas throughout two tales.
Heat woods combine with trendy fixtures within the dwelling areas, which embrace a marble kitchen and indoor-outdoor eating space. One other spotlight comes upstairs, the place a major suite wrapped in glass expands to a terrace. It’s one among 9 bedrooms and 14 bogs.
The yard is made for entertaining with an out of doors kitchen, sunken hearth pit and a number of cabanas. An infinity-edge pool is perched on the fringe of the property, taking in views of the canyons beneath. The compound additionally tacks on a one-bedroom guesthouse with a fitness center and swimming pool of its personal.
Aaron Kirman of the Aaron Kirman Group at Compass holds the itemizing.
Ruan co-founded Honey in 2012, and PayPal purchased the favored coupon-clipping browser extension seven years later for $4 billion. The mammoth deal marked the biggest acquisition of a tech firm in L.A. historical past.