James Jannard, the founder of Oakley, recently sold his Beverly Hills compound for $68 million after making a record-breaking $210 million sale in Malibu. With an estimated net worth of $1.3 billion, Jannard has had a successful career in the business world, starting Oakley in 1975 before selling it for $2.1 billion and later founding Red Digital Cinema.
The compound, spanning 18,000 square feet, features five bedrooms, ten bathrooms, and a large oval courtyard with massive metal doors. Originally purchased in 2009 for $19,900,000, the futuristic fortress sits in Trousdale Estates at the foothills of the Santa Monica mountains. The property was built in 2016 and offers a unique and luxurious living space for its future owner.
Jannard’s decision to sell the compound after his success in the real estate market further solidifies his status as a savvy entrepreneur and investor. The mansion’s design and amenities make it truly one of a kind, offering potential buyers a glimpse into a lavish and exclusive lifestyle.
Jannard’s career in business began with Oakley in 1975 when he started the company as a small sunglasses manufacturer before expanding into clothing and accessories. In 2014, Jannard sold Oakley for $2.1 billion to Kering Group SAS. After selling Oakley, he founded Red Digital Cinema which produces high-end cameras used by filmmakers around the world.
The sale of Jannard’s Beverly Hills compound marks another milestone in his successful career as an entrepreneur and investor. The mansion is sure to attract potential buyers looking for a unique living experience that reflects their wealth and status.
In conclusion, James Jannard’s sale of his Beverly Hills compound is just another example of his savvy entrepreneurial skills and investments successes. The mansion offers potential buyers an exclusive lifestyle that is truly one of a kind with its unique design and amenities making it stand out from other properties on the market today.
Overall, James Jannard has made an indelible mark on the business world with his innovative ideas and successful ventures such as Oakley and Red Digital Cinema. His latest real estate transaction only serves to further solidify his position as one of the most successful entrepreneurs today while also giving us all something to aspire towards – living life to its fullest potential through luxury experiences like this magnificent mansion!
