Byron Allen, an American businessman, is trending online after paying $100 million for an 11,000-square-foot property in Malibu. Allen’s newly acquired property has four bedrooms, two guest houses, a home theater, tennis court, gym and yoga studio. The presence of the Pacific Ocean right in front of the castle added to its magnificence. Fireplaces, custom cabinets, and private patios are some of the home’s basic features. If Byron doesn’t want to walk to the beach, he can use a golf cart. Byron purchased the land from the co-founder of Public Storage. Jan Koum, co-founder of WhatsApp, lives next door. Jade Mills of Coldwell Banker Realty listed this property.
Byron Allen net worth
Byron Allen is an entrepreneur, comedian, television producer and philanthropist. He is the CEO of Entertainment Studios, a media company. CelebrityNetWorth estimates the 61-year-old’s net worth at around $800 million as of April 2023. Aside from his work in the entertainment industry, Allen’s business ventures are his main source of income. Allen’s company said in 2018 that it would pay $300 million for The Weather Channel, excluding online properties like Weather.com and apps previously sold to IBM. Allen closed a $300 million deal with American Television to buy 11 broadcasters by 2020.
Byron Allen and Sinclair Broadcast Group will pay Walt Disney/Fox $10.6 billion to buy 21 regional sports networks by 2020. In addition, he’s also spending $165 million to buy Bayou City Broadcasting, the carrier operate four radio stations. In 2020, it expects to invest $500 million in network affiliates and spend about $10 billion on acquisitions over the next four years. In July this year, Allen’s business also spent $ 11 million on the Black News Channel television network.
Byron Allen Residential
Byron Allen spent $422.8 million on a beachfront property in Maui in 2018. The home has an elevator, 500-bottle wine cellar, outdoor spa, swimming pool, three-car garage and 1,700 square feet of floor space in addition to 7,300 square meters of living space and five bedrooms.
Allen then paid $20 million for a home in Beverly Hills in 2019. It offers 11,266 square feet of living space, eight bedrooms and sits on more than a third of an acre. He spent $26.75 million on a 3,000-square-foot condo at 220 Central Park South that same year. In 2020, he also spent $27 million on a home in Aspen, Colorado. The 9,000-square-foot property was previously owned by a Mexican businessman and offers views of the surrounding mountains, an outdoor pool, glass walls, and a second-floor terrace.
Categories: Entertaintment
Source: HIS Education