America’s Second-Largest Residential Sale: Lachlan Murdoch Clocks In With $150 Million For Jerrold Perenchio’s Chartwell Estate In Bel Air [Forbes]
News Corporation - Class B (NWS)
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Source: Forbes
It took two years for Univision chair Jerrold Perenchio's 11-acre estate and mansion, Chartwell, to sell, but the co-chair of News Corp. has manned up where many others have not, and made the move on the iconic property for a semi-bargain-basement deal of $150 million. There are five dwellings on the massive property, assembled over the years by Chartwell's most loving owner, Perenchio, including the acre-sized lot he acquired shortly before he died from the estate of Ronald and Nancy Reagan, which house and grounds he bought for $15 million after Nancy Reagan died in 2016, promptly razing the Reagan's rather plain house so that he could have at the grounds for his endlessly splayed-out gardens. Lachlan Murdoch will have plans for the empty adjacent "Reagan" lot, but there's no hurry. Perenchio's meticulously planned gardens, 70-foot pool, tennis courts, fountains, and arboretum will occupy the young Murdoch mogul and his family for some time to come. You could keep a string of pol
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