Billionaire Quibi Founder Jeffrey Katzenberg Pockets $125M for 90210 Compound

Billionaire Quibi Founder Jeffrey Katzenberg Pockets $125M for 90210 Compound

Published: August 18, 2020 | By: American Luxury Staff

Entertainment exec and Quibi founder Jeff Katzenberg sold his Beverly Hills estate this month for a cool $125 million.

The property is at least the second the DreamWorks Animation co-founder has unloaded in the past twenty months; back in January of 2019, he sold his alpine retreat near Park City, Utah. But, at $11.5 million, the sale price of the 14,100 sq. ft., Charles Gwathmey-designed, ski-in, ski-out residence is dwarfed by that of the Beverly Hills mansion. Not surprising, as the 26,000 sq. ft. house sits on a six-acre lot in one of the most desirable residential communities in the world.

Images of the property are limited to aerial shots, which reveal a large U-shaped structure on a wooded lot, with a large lawn and a swimming pool.

Sales of singular and massive properties in Southern California have been capped by Amazon founder and world’s wealthiest person Jeff Bezos’ purchase of the old Jack Warner mansion, which closed this winter at $165 million.

Katzenberg chaired Walt Disney Studios from 1984 to 1994 and is credited with producing some of its biggest animation hits, including The Little Mermaid, Beauty and the Beast, Aladdin, and The Lion King.

Photo credit: Google Maps

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