Fashion Nova founder and CEO Richard Saghian is dropping $32 million on a stunning Beverly Hills mansion … adding another prize to his impressive real estate portfolio.
Sources with direct knowledge tell TMZ … Saghian threaded the needle on the beautiful 13,000-square-foot estate, which features 6 bedrooms and 8 bathrooms.
The property is packed with cool amenities … including a movie theater, billiards lounge, hidden spa with a barber station, wine tasting room, basketball/pickleball court, putting green, and an outdoor kitchen with a pizza oven … just to name a few.
Needless to say, the 3-story house comes with absolutely breathtaking views of the city and ocean.
Believe it or not, Saghian snagged the mansion for a discount — it originally hit the market at $44 million, but with the help of his real estate agents, Branden Williams and Staurt Vetterick, he shaved $12 million off the price.
This is the second time Saghian and Williams have teamed up for a big purchase … back in 2022, the CEO spent a whopping $141 million on “The One” mega-mansion in Bel Air — the largest home in L.A.
We’re told Saghian is in the process of renovating the 105,000-square-foot estate … and plans to live in his new pad for the next two years.
The Beverly Hills Estates and Westside Estate Agency in Beverly Hills represented the buyer and the seller.
