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The Guardian - US
The Guardian - US
Technology
Lucy Campbell

Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m

Peter Thiel Conrad Hilton Foreclosure
aerial view of a large property
Peter Thiel's estate, Casa Encantada, on 1 October 2026 in Los Angeles, California. Photograph: Kayla Bartkowski/Los Angeles Times/Getty Images

The tech billionaire Peter Thiel has been revealed as the new owner of a storied Bel-Air estate that quietly sold in July for a staggering $130m.

The 1938 mansion, Casa Encantada, was sold at an open-air foreclosure auction in Pomona, with the name of the buyer kept under wraps for months. The winning bid is now revealed to have come from a limited liability company linked to the venture capitalist and PayPal and Palantir co-founder, according to the Wall Street Journal, which first reported the buyer’s identity.

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