LA mansion previously owned by fugitive just sold for $18.5 million - Business Insider

. Note that the pictures of the home are old and Low did damage to much of the interior, according to Variety.

This West Hollywood mansion was bought by Malaysian businessman Jho Low — now a fugitive —for $39 million in 2012. Low is wanted for the alleged theft of about $4.5 billion from 1Malaysia Development Berhad. According to a report by Mansion Global, he is believed to be hiding in China.From the outside, the house still has the 1980s-era look that it had when it was built for its original owner, actor Ricardo Montalban.

West Hollywood is a suburb in Los Angeles with a population of 36,384. According to Niche.com, the median home value there is $729,400.According to Mansion Global, in October 2019, Low forfeited $700 million worth of his assets to the US government, of which $100 million was in the form of residential real estate located in New York, California, and London.This LA mansion, according to Mansion Global, is the first of Low's forfeited properties to sell.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk says he shipped 1,255 ventilators to LA to stem coronavirus - Business InsiderMusk confirmed news that he helped deliver 1,000 ventilators to California, saying that he bought them from China because they had an 'oversupply.' Thanks elonmusk from California 😯 Whatever helps.
Source: BusinessInsider - 🏆 729. / 51 Read more »