Peter Thiel, the billionaire co-founder of Palantir Technologies and PayPal, has been identified as the buyer of the Casa Encantada estate in Bel Air. The 1930s-era property at 10644 Bellagio Road sold in July for $130 million at an auction at Pomona’s Civic Center Plaza, and the buyer’s identity had been concealed until now, the Wall Street Journal reported. The winning bidder was a limited liability company linked to Thiel, according to sources familiar with the situation cited by the Journal. Thiel had reportedly been looking at buying the 40,000-square-foot estate for months before the auction, the sources told the […]
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