•   
  •   

Tech & Science Kuwaiti Heiress Samar Alghanim Buys $8.5 Million Venice Compound

01:17  07 april  2020
01:17  07 april  2020 Source:   dirt.com

Review: Netflix's addictive Tiger King will leave you feeling grubby for watching

  Review: Netflix's addictive Tiger King will leave you feeling grubby for watching The new true crime documentary sensation shares many of the flaws of its own subject.The new true crime documentary sensation shares many of the flaws of its own subject, writes Sam Brooks.

Last November, a residential compound in L.A.'s Venice neighborhood quietly transferred for $ 8 . 5 million . The $ 8 . 5 million buyer is Samar Alghanim , the only daughter of billionaire Kutayba Alghanim , he the high-profile industrialist that has occasionally been ranked as Kuwait ’s richest man.

Read Next: Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Variety Intelligence Platform. Last November, a residential compound in L.A.’s Venice neighborhood quietly transferred for $ 8 . 5 million . While it went down without fanfare, the deal is easily the area’s biggest of

a person standing in front of a house © Kurt Fischer/wHY Architecture/Patrick McMullan

Last November, a residential compound in L.A.’s Venice neighbourhood quietly transferred for $8.5 million. 

While it went down without fanfare, the deal is easily the area’s biggest of the last two years and one of the biggest residential transactions ever inked in Venice, if not quite record-breaking.

Because the property was never publicly offered for sale, listing photos and exact specifications are virtually nonexistent.

But the house and its owners were featured in a 2017 L.A.

Times article that includes a bounty of glossy photos framing the strikingly unconventional residence, which is about as unconventional — for an $8.5 million Westside home — as one is liable to find.

Government spends $27m on climate projects

  Government spends $27m on climate projects The federal government has spent $27.6 million on 11 projects to reduce Australia's carbon emissions by 1.71 million tonnes.The money has gone towards 1.71 million tonnes of carbon abatement through projects through the Emissions Reduction Fund.

Read Next: Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Variety Intelligence Platform. As previously discussed, the Carbon beach compound spreads out over what was originally five side-by-side parcels — at least one of which was once owned by Doris Day — and

Read Next: Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Variety Intelligence Platform. Got a News Tip? Records reveal Finn and longtime wife Sharon paid .3 million for the property, which was sold by Emmy-winning “Simpsons” writer Tim Long, former head [ ]

Built by local realtor Tiffany Rochelle and her husband, restaurateur Paul Hibler (Venice’s Superba Food + Bread, the L.A. chain Pitfire Pizza), the two-structure compound was designed by wHY Architecture’s Kulapat Yantrasast and replaced a “dilapidated Venice bungalow” that sprawled over a rare double-wide lot.

Records show Rochelle bought the property in 2012 for exactly $2 million; the essentially all-new home was completed in 2016.

Sited on a pretty, pedestrians-only walk street in central Venice, the two-story main house offers about 3,100 square feet of living space with four bedrooms, all of them located upstairs.

The above is a “series of contrasts,” according to Yantrasast — its lower level has an austere, vaguely industrial vibe with a mix of concrete and glass; the upper floor has warm tones, with hardwood floors and colourful tile.

Texas radio host gets 25 years behind bars for scamming Christian listeners out of millions of dollars

  Texas radio host gets 25 years behind bars for scamming Christian listeners out of millions of dollars A Texas radio host who confessed to scamming his elderly and Christian listeners out of millions of dollars in a ponzi scheme has been sentenced to 25 years behind bars. William Neil “Doc” Gallagher pleaded guilty Friday to one count each of theft of more than $300,000 (AUD$500,000), money laundering of more than $300,000 (AUD$500,000) and securities fraud of more than $100,000 (AUD$166,000), according to the Dallas Morning News.

Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Last year, cannabis kingpin Andrew Modlin — co-founder of marijuana juggernaut MedMen — paid million for a brand-new mansion in L.A.’s Bird Streets neighborhood, high in the hills overlooking West Hollywood.

Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . 1 week ago. Entertainers. Ripndip's Ryan O'Connor Drops Million on Malibu's Broad Beach. 1 week ago. Finance. Jho Low's 1MDB Scandal-Linked Hollywood Hills Compound Sells for . 5 Million .

Unusually for a walk street-fronting house, the property does not sit hidden behind a privacy hedge or a large wall. Rather, the home was designed to be open, creating a communal atmosphere with its neighbours.

Any passersby can look directly into the home’s glass-clad first floor, though there are retractable drapes for when more privacy is needed.

There’s also an open kitchen with two islands, a dining area, an office and a living room on the main level.

Most notably, the house does not feature a traditional front door — casual glass sliders only here, adding to the informal vibe of the property.

Behind the main house, a large farmhouse-style accessory building provides garage space for four cars — highly unusual in tightly-packed Venice — plus two guest rooms that can be used as offices, storage space or studios for art and music.

Tucked between the two structures is a petite, mostly hardscaped open-air courtyard with a plunge pool and spa, plus a pizza oven and a built-in seating area partially wrapped around a firepit.

Julia Roberts Sells Malibu House to the Billionaire Next Door

  Julia Roberts Sells Malibu House to the Billionaire Next Door Although the property was never available on the open market, Julia Roberts and longtime husband Danny Moder have sold one of their “spare” Malibu homes in a quiet $8 million deal, significantly more than the $6.6 million they paid for the 1.2-acre estate in 2016. The landlocked property, located in Malibu’s celeb-favored Point Dume, happens to sit directly across the street from the couple’s much larger, longtime main residence. Records indicate the off-market buyer is Silicon Valley-based hedge fund tycoon Thomas Laffont, who also happens to own the house immediately next door.

Read Next: Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Variety Intelligence Platform. Just days after his gutted Bird Streets mansion finally sold for . 5 million — a whopping million loss — another former home of fugitive financier Jho Low has popped up for

Kuwaiti Heiress Samar Alghanim Buys $ 8 . 5 Million Venice Compound . Last November, a residential compound in L.A.’s Venice neighborhood quietly transferred for $ 8 . 5 million . While it went down without fanfare, the deal is easily the area’s biggest of the last two years and one of the biggest

The $8.5 million buyers is Samar Alghanim, the only daughter of billionaire Kutayba Alghanim, he the high-profile industrialist that has occasionally been ranked as Kuwait’s richest man.

The elder Alghanim is chairman of Alghanim Industries, one of the largest privately-owned conglomerates in the Middle East, and through it controls dozens of businesses. Among other ventures, Alghanim owns the Middle East franchise rights to Wendy’s restaurants, and he was the first to sell GM automobiles in Kuwait.

Kutayba Alghanim also owns Samar, a 252-foot, $100 million superyachts that is currently for sale, according to SuperYacht Times. (Alghanim has already replaced it with his new, 354-foot ZoZa superyacht, naturally.)

Samar Alghanim is not new to the Venice neighbourhood; records show she also owns a beauty supply business on hectic Lincoln Boulevard, the area’s main thoroughfare.

And her family is certainly not new to L.A. — her uncle, billionaire Bassam Alghanim, has long been one of Bel Air’s largest landowners.

Records show his ever-swelling, 10-parcel L.A. compound now spans more than 21 acres.

And the latest addition to his property collection came just last year when he paid $8.6 million for “Girls Gone Wild” founder Joe Francis’ Bel Air mansion.

($1=$1.68 Australian dollar) 

Coronavirus: oil exporting countries agree on a "historic" drop in production .
> LIVE - Coronavirus: follow the evolution of the situation A drop in production "from May" of almost 10 million barrels per day The meeting "ended with a consensus of OPEC + producers on production cuts from May," Saudi Energy Minister Abdul Aziz bin Salman wrote on Twitter. His Kuwaiti counterpart Khaled al-Fadhel confirmed the "historic deal to reduce production in OPEC + member states by almost 10 million barrels a day, effective May 1".

—   Share news in the SOC. Networks
usr: 6
This is interesting!