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Billionaire mogul accepts defeat and sells mansion for $87m LESS than asking price as millionaires flee California in droves
['Eliot Force', 'Us News Reporter']
Home | Mail Online
Over the past six years, the casino mogul - estimated to be worth around $4 billion by Forbes - has been trying to sell his California mansion, intermittently decreasing the price along the way.
The estate was first publicly listed in 2021 for $115 million after Wynn found no takers for his $135 million off-market asking price the year before.
The undisclosed buyer purchased the property at a slight discount from the $47.85 million Wynn paid in 2015.
Billionaire casino mogul Steve Wynn recently sold this 2.7-acre Beverly Hills estate for $47.75 million, which is $87.25 million less than his initial off-market asking price in 2020The initial off-market asking price was $135 million, and the estate was first publicly listed for $115 million.
Wynn spent years renovating and improving the California estate he is parting ways with.