Magazine article Variety

Megan Ellison Snags Wasserman Estate in Beverly Hills

Magazine article Variety

Megan Ellison Snags Wasserman Estate in Beverly Hills

Article excerpt

An unassuming estate concealed behind a high hedge in a tony pocket of Beverly Hills was sold, according to property records, by Hollywood heavyweight Lew Wasserman's philanthropic daughter Lynne Wasserman to an inscrutable blind trust for $13.5 million. All but unassailable real estate yenta Yolanda Yakketyyak swears on her celery-colored 1987 Cadillac Seville that the trust's beneficiary is heiress and powerhouse movie producer Megan Ellison. The hush-hush deal went down off market, and this property gossip was unable turn up any marketing materials that describe the estate's features. However, our research suggests Wasserman, mother of media entrepreneur and sports-management exec Casey Wasserman, acquired the spread some time before 1972. Public tax records indicate the 5,600-squarefoot multi-winged residence has five bedrooms and eight bathrooms. A semicircular drive arcs up to the front of the house and, at the back, there's a terrace and pool.

Who knows why Ellison, the three-time Oscar-nominated producer of "Zero Dark Thirty" and "American Hustle," bought the BevHills estate - she already owns a more grandiose compound in the neighborhood above Laurel Canyon, pieced together between late 2013 and spring 2015 at a cost of about $35 million. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.