Necessary cookies are absolutely essential for the website to function properly. Sign up for free newsletters and get more CNBC delivered to your inbox. Peter also represented the buyer. ‘Rockstar’ czar Russell Weiner may not have had any luck selling his house on the Strand in Hermosa Beach for $21 million, so he’s trying his luck by listing yet another trophy home on the open market.. Jack Flemming covers luxury real estate for the Los Angeles Times. Glass and water features surround the massive front door, which opens to expansive common spaces with clean lines and hardwood floors. You also have the option to opt-out of these cookies. Luxury rentals are also on fire, with wealthy people fleeing dense and high-tax markets such as New York. Click Follow Search to get alerts on new listings. The 49-year-old founded his company, Rockstar, in 2001, with the idea of serving the beverage in a 16-ounce “tall boy” can. Two weeks ago, Weiner shelled out $16.515 million for a contemporary mansion perched in the Bird Streets. Russell Weiner paid $16.5 million for this L.A. home 2 weeks ago. PepsiCo's deal for Rockstar Energy Drinks has made Rockstar's founder a billionaire. Eight members of Congress want to know. An elevator navigates the three-story floor plan. An expansive tile foyer with dual staircases kicks things off, leading into formal living spaces such as a chandelier-topped dining room, wood-paneled office and chef’s kitchen under dark hardwood beams. If both the Florida homes sell for their sky-high asking prices, the founder of Rockstar will be a real estate rock star, with the chance of clearing more than $70 million. Banks and technology companies led a broad slide for stocks on Wall Street on Tuesday, snapping the market’s four-day winning streak. In Miami Beach, the entrepreneur has listed a Balinese-style mansion for $35 million.
He’s invested plenty in real estate over the years, buying NBA star Carlos Boozer’s Sunset Strip estate in 2006 and selling a concrete megalith in the Hollywood Hills for $8 million in 2009. Forbes puts his net worth at $4 billion. Featuring a built-in fireplace and freestanding tub, it opens through pocketing doors to a wraparound terrace — one of multiple decks hanging off the home. Data is a real-time snapshot *Data is delayed at least 15 minutes. While industry experts said the energy drink space was already saturated by Red Bull and Monster, Rockstar came in at a lower price point with a 16 oz can, twice the size of a Red Bull. The energy drink brand chief has listed a home in the exclusive Beverly Park enclave of Beverly Hills for $31 million, or nearly twice the $18.6 million he paid for the place five years ago, records show. The mansion has 11 bedrooms, 15 bathrooms and three half-baths. Get quick and easy access to your home value, neighborhood activity and financial possibilites.
No stranger to ambitious price tags, Weiner last year listed a Hermosa Beach home for $21 million that he bought in 2013 for $10 million. Randy’s Donuts is coming to Costa Mesa, but its iconic sign may crumble city’s design standards. More recently, he listed his Hermosa Beach house for $21 million and a Beverly Hills compound formerly owned by Madonna for $35 million. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. After graduating from San Diego State University with a degree in political science, Weiner ran for California State Assembly but lost. Billionaire Russell Weiner, who made his fortune on Rockstar energy drinks, has found a new way to get a buzz—buying and selling mansions. Billionaire Rockstar energy drink creator Russ Weiner hopes to double his money on an oceanfront house in Hermosa Beach. The coastal estate includes a rooftop deck, a wine cellar, as well as an outdoor oasis.
And he mortgaged his house for $50,000 to launch a business everyone said would flop.
Forbes puts his net worth at $4.4 billion. So, according to Forbes and other reports, Weiner took out a $50,000 mortgaged on his condo, developed a drink and painted an old limo with the Rockstar Energy logo to distribute and promote the drink around San Francisco in 2001. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Got a confidential news tip? Also in September 2019, Weiner also purchased a $16.5 million home in Los Angeles' Hollywood Hills and put it back on the market for $28 million just two weeks later, the LA Times reported. Built in 2015, the three-story mansion holds six bedrooms, 10 bathrooms, a movie theater, gym, wine cellar and massage room. According to press reports, Weiner owned 85% of the company, so his payout will be over $3.2 billion. Prop. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.
It hit the market in 2018 for nearly $50M, relisted in November for $44.5M, Elin Nordegren, Russell Weiner, and 12520 Seminole Beach Road (Credit: Ezra Shaw/Getty Images, Michael Bezjian/WireImage, and Google Maps). Phil Collins trying to evict ex-wife from Miami Beach mansion, North Palm Beach mixed-use property hits the market for $45M, Tony Robbins buys West Palm Beach warehouse for production studio, Fort Lauderdale estate built for Anheuser-Busch CEO hits the market at $19M, Billionaire businessman sells North Palm Beach mansion for $19M, Former Miami Dolphin Brandon Marshall sells Southwest Ranches home, Baseball player Yadier Molina sells Jupiter mansion for $8M, Pittsburgh Penguins’ Kasperi Kapanen scores West Palm Beach home. Russell Weiner, the founder of Rockstar Energy Drink, is selling yet another of his collection of megamansions. Don't Neglect These 6 Maintenance Tasks—or Else, Debunked! According to press reports, Russell Weiner owned 85% of the company, so his payout will be over $3.2 billion.
TV producer Steve Levitan is seeking $16 million for his Cape Cod-style oceanfront home on Malibu’s Broad Beach. Get this delivered to your inbox, and more info about our products and services. Weiner's combative personality was both an asset and a curse. Three years ago, the showplace sold for $27 million, records show. There are six bedrooms and 10 baths in the home’s 12,530 square feet.
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