The buyer of the cut-price Bel Air mega-mansion, once dubbed America's most expensive home, has been revealed as fast-fashion tycoon, Richard Saghian, the CEO of Fashion Nova. Saghian, 40, snapped up the huge property for a bargain $126 million at a bankruptcy auction on Thursday. Even though it sold for a fraction of its original record-setting $500 million listing, the property - which took eight years to build and boasts 21 bedrooms, 42 bathrooms, five swimming pools, a 30-car garage, a bowling alley and more - set the record for costliest house sold in auction at $126 million, with an additional $15 million auction fee Saghian, whose fast-fashion company inked high-profile partnerships with celebrities and influencers such as rapper Cardi B, and pop superstar Lil Nas X, fended off competition from four other bidders for the 105,000-square-foot house, which is known as 'The One.'
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