Oakley Founder Shatters Beyoncé & Jay-Z's CA Real Estate Record with Malibu Estate Sale

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Move over Jay-Z and Beyoncé -- there's a new real estate mogul in town, and it's the guy who founded Oakley ... 'cause he just sold his cliffside estate for a record-breaking number.

Amanda Holden vs. Tina Leung Who'd You Rather?! -- there's a new real estate mogul in town, and it's the guy who founded Oakley ... 'cause he just sold his cliffside estate for a record-breaking number.-- the billionaire who's behind the iconic sunglasses and apparel brand -- just unloaded a mansion he's owned in Malibu for the past 22 years ... and he scored a massive profit,' cause he sold it for a whopping $210 million ...

The outlet reports Jannard sold the 9.5-acre oceanfront compound to a Delaware LLC -- and that it was done quietly ... 'cause the property never technically hit the market. BTW ... JJ bought this home way back in '02 for a mere $31 mil. So, yeah .... a $179 million windfall. TMZ has pulled the publicly available docs for the home ... and it shows the new owner took out a $203 million loan for this place -- which suggests the $210 selling price is accurate.The title documents we got a hold of also show that the changing of hands here was all going down in May -- with things getting finalized officially toward the end of that month.after buying a Malibu property last year for a cool $200 million. That was the record then ...

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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