$1 Billion California Real Estate Saga!

Posted: September 11, 2015 | Source: www.hollywoodreporter.com

At one time, both Brad Pitt and Tom Cruise were interested in buying The Vineyards – the most valuable piece of real estate in Los Angeles. Overlooking Beverly Park, the property was once owned by the sister of the Shah of Iran, later by Merv Griffin, and then by the founder of Herbalife. It ended up in the hands of an Atlanta college dropout with no money or real estate experience, an ex-con and a Middle Eastern Royal Family money man. Despite ongoing legal issues and lawsuits, experts say the property is worth up to $1 billion.