Just as predicted, billionaire Howard Marks has sold his 10-acre oceanfront estate in Malibu, Calif., for $75M. While the property, which includes a 20,000-square-foot main house and 300 feet of beach frontage, had never been formally listed for sale, the Markses had been shopping the place around for $125M until "a Russian billionaire couple," as the Journal describes the new owners, came a'knockin'. [WSJ; previously]
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