Rick and Kathy Hilton have sold their Georgian-style mansion located in the prestigious lower Bel Air neighborhood for $25 million – $30 million below the original $55 million price tag.
The socialite couple first purchased the land for $9.3 million in 2015 before knocking down the existing abode and rebuilding a new mansion designed to qualify as one of the world's best homes. The Real Housewives of Beverly Hills star and Rick (the grandson of Hilton Hotels founder Conrad Hilton) listed the property in September 2021 before suffering numerous price drops. However, Robb Report reports that its time on the market has come to an end – courtesy of the family of Song Qinghou, a billionaire Mainland Chinese magnate ranked as China's richest man by Forbes.
