In 1998, MGM billionaire Kirk Kerkorian paid $4 million for a Beverly Hills property and built a 9,700-sq-ft mansion; 17 years later, the property sold for $19 million
In 1998, Kirk Kerkorian purchased a villa in Beverly Hills for $4 million and later sold it for $19 million. After Kerkorian's death, Stephen Cloobeck acquired the estate and quickly demolished it to build a new mansion. The frequent practice of demolishing homes in Beverly Hills reflects the city's unique…
The Economic Times ·