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Peter Thiel revealed as buyer of $130m Bel-Air mansion

Summarised from 2 outlets · Updated 2 Oct, 17:49 · Archive

Tech billionaire Peter Thiel bought Casa Encantada, a Bel-Air mansion, for $130 million at a foreclosure auction in July.

Tech billionaire Peter Thiel has been revealed as the buyer of Casa Encantada, a Bel-Air mansion sold at a foreclosure auction in July for $130 million. The 1938 estate was sold at an open-air auction in Pomona, with the identity of the buyer kept under wraps for months.

Thiel, a venture capitalist and co-founder of PayPal and Palantir, purchased the property through a limited liability company. The mansion once belonged to Conrad Hilton.

Peter Thiel revealed as buyer of $130m Bel-Air mansion
Image: The Guardian

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In this story: Peter Thiel · PayPal · Palantir · Conrad Hilton · Bel Air · Pomona

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem