America’s Most Expensive Home Sets Record At Auction, New Owner Revealed
By KIMBERLEY HAAS A Bel Air megamansion that was listed on the market for $295 million has been purchased at auction by the CEO of Fashion Nova. Richard Saghian, 40, reportedly beat out four other offers for the 105,000-square-foot home. He confirmed he was the winning bidder to the Los Angeles Times. Saghian said the property, with 21 bedrooms, 42 bathrooms, and 7 half baths can never be duplicated. He owns two other houses in southern California, according to the newspaper. “There is nothing else like it. As a lifelong Angeleno and avid collector of real estate, I recognized this as a rare opportunity that also lets me own a unique property that is destined to be a part of…