Billionaire Neil Kadisha Pays $25M for Billionaire Norton Simon’s 90210 Compound

Billionaire Neil Kadisha Pays $25M for Billionaire Norton Simon’s 90210 Compound

Published: October 22, 2020 | By: American Luxury Staff

Early this past summer, the Beverly Hills estate that had been home to billionaire art collector Norton Simon sold for $25 million. The property had been the primary home of Simon before his death in the early 1990s, and was ultimately sold by his son, who had occupied it in the intervening years.

This week, Variety reported that the buyer of the Simon Estate was Neil Kadisha, CEO of Omninet Capital, a Beverly Hills-based investment firm.

The property now owned by Kadisha begins with a set of tree-framed gates that open to a long, shady drive; it is crowned by a 10,500 sq. ft. house that was designed by architect Peter Choate and constructed in 1985. It features soaring cathedral and hipped ceilings, exposed timber, plentiful glass—including a lovely atrium foyer—and plentiful custom tile. Toning is generally very warm.

The grounds are magnificent, a leisurely, rambling slice of Beverly Hills with varied plantings, mature trees, and a meandering lawn that rolls down to a secluded swimming pool surrounded by a slate sunlounge.

The Simons Estate had been listed for as much as $42 million prior to Kadisha’s purchase.

Kadisha’s net worth is north of $2 billion.

2459 October 22, 2020 Real Estate October 22, 2020