{"id":34380,"date":"2021-09-04T10:17:43","date_gmt":"2021-09-03T22:17:43","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=34380"},"modified":"2021-09-04T10:17:43","modified_gmt":"2021-09-03T22:17:43","slug":"snapchats-evan-spiegel-spends-more-than-134-million-fixer-upper","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/snapchats-evan-spiegel-spends-more-than-134-million-fixer-upper\/","title":{"rendered":"Snapchat\u2019s Evan Spiegel spends more than $134 million fixer-upper"},"content":{"rendered":"

PHOTO: Snapchat owner Evan Spiegel. THE MIRROR<\/strong><\/p>\n

Snapchat chief executive\u00a0Evan Spiegel and model Miranda Kerr have spent more than $134 million on a Los Angeles<\/a> fixer-upper across the street from the Playboy Mansion<\/a>, according to media reports.<\/p>\n

The\u00a0Snapchat co-founder and Aussie model turned\u00a0businesswoman have spent upwards of $US100 million ($134.7 million) on a sprawling and currently unfinished compound,\u00a0Dirt.com<\/a>\u00a0<\/em>reports.<\/p>\n

The compound in Holmby Hills on the west side of Los Angeles is spread across two neighbouring properties, both sold by British billionaire property developer Ian Livingstone.<\/p>\n

Spiegel first paid $US25 million for a vacant block of more than 5660 square metres, back in May.<\/p>\n

\"Miranda
Miranda Kerr and Evan Spiegel look set to upsize, but they will need to get to work on their new home first. Photo: Axelle\/Bauer-Griffin\/Getty<\/strong><\/em><\/figcaption><\/figure>\n

He also purchased the gutted mansion next door, which sits on more than a hectare and offers more than 1850 square metres of living space. The property was once owned by music producer Kenneth \u201cBabyface\u201d Edmonds and has been under construction for several years.<\/p>\n

Real estate records have yet to show exactly what Spiegel paid for the second property, but Dirt.com reports that corporation records show a shell company was created to buy the place early this year, with the entire deal believed to have topped $US100 million.<\/p>\n

It\u2019s a big increase on the $US72 million that Livingstone paid for the two blocks in 2014 and 2017, though he also spent up big on plans and permits before gutting the mansion.<\/p>\n

https:\/\/www.instagram.com\/p\/CTIGHW-lKNL\/?utm_source=ig_web_copy_link<\/p>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

https:\/\/www.instagram.com\/p\/CTQcvSaBYr4\/?utm_source=ig_web_copy_link<\/p>\n

MOST POPULAR<\/span><\/h3>\n