Simon Cowell loses on the sale of his Beverly Hills mansion
The alleged selling price of the Mid-Century property was $1 million less than what the TV personality spent nine years earlier, or $14.5 million.
In Beverly Hills, California, Simon Cowell has secretly sold a Mid-Century Modern estate.
The tough-love "America's Got Talent" judge Mr. Cowell, 60, never formally advertised the four-bedroom house for sale.
However, recent transaction information on realtor.com indicates that the upscale address was sold earlier this month for $14.5 million, representing a sizable loss for the English TV personality.
According to property records, he paid $15.5 million for the mansion in 2011 that is situated in the prestigious Trousdale Estates area.
According to Variety, who took into account the expenditures of holding the house for almost ten years as well as the numerous modifications carried out under Mr. Cowell's direction,
the loss is probably far higher than an even $1 million. Since Mr. Cowell never publicly marketed the property,
there are little current information on the state of the house and a representative for the celebrity could not immediately be reached for comment.
Harold Levitt, a local architect who created multiple famous mansions, including those for people like Steven Spielberg and Olivia Newton John, originally created it in the 1960s. Levitt, 81, passed away in 2003.