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On the Market

Private equity bigwig and Detroit Pistons owner Tom Gores is selling his Beverly Hills mansion for $10.7M. The stuffy Hablinski-Manion-designed home is built for one of the richest guys in the world, with perks like a saltwater pool and a library. So where to next? Less than five miles away, apparently. The billionaire recently broke ground on a brand-new manse in the Holmby Hills neighborhood. [Trulia Luxe Living]