Beverly Hills' $1 Billion 'Vineyard'

Scott Johnson, Hollywood Reporter: Beverly Hills' $1 Billion "Vineyard": The Bizarre Saga Behind L.A.'s Last Real Estate Trophy

The 157 acres atop the city has traded hands from the Shah of Iran's sister to Merv Griffin to the mogul behind Herbalife. Then came unknown Chip Dickens, who managed to procure the property for no money at all. Now, The Vineyard is on the market, and the strange, stressful story behind the $1 billion property can be told.

Standing atop a verdant summit near Benedict Canyon, Brad Pitt smoked a cigarette and gazed toward the ocean. A gentle afternoon sun played over the chaparral and sage below. It was 2002, and Pitt had come to Beverly Hills to take stock of a coveted piece of real estate. From the San Gabriel Mountains to Malibu, Los Angeles stretched out in a quiet, glittery panorama. It was the highest peak for miles, a true king's plot. He turned to Gary Morris, a developer and friend. "So?" mused Pitt. "You think I should buy this?"

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Editor: $1 billion for 157 acres ?!?!?!

Sylvester Stallone Puts His California Mansion On The Market

Desert villa: Sylvester Stallone has listed his La Quinta home for sale for $4.19million  

Daily Mail: What a knockout! Sylvester Stallone puts his four-bed California mansion on the market for $4.19million... $300,000 less than he bought it for in 2010

His career is on the up thanks to his acclaimed turn as Rocky Balboa in new boxing movie Creed.

But Sylvester Stallone has been served a blow outside of the ring as he has put his California mansion on the market for $300,000 less than he bought it for.

The Hollywood legend snapped up the spacious Mediterranean-style property for $4.5million in 2010.

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Editor: Moving out after only 5 years .... and selling it for below what they paid for it .... now that is not normal.

Kelsey Grammer Sells His Malibu Home

Stunning: Kelsey Grammer and ex-wife Camille have sold their Malibu estate for just under $13 million, more than three times what they paid for it in 1998 

Daily Mail: Kelsey Grammer slashes the price of luxury Malibu estate by $7m as it FINALLY sells for $13m... four years after he split from ex-wife Camille

They split in very public fashion more than four years ago. But Kelsey Grammer has only just managed to offload the exclusive five-acre Malibu estate he once shared with ex-wife Camille Grammer.

The home sold for close to $13 million, $7million less than it was originally listed for.

However the Frasier star is certainly not out of pocket - the final sale price was more than three times what he and Camille paid back in 1998.

The scenic spread with ocean views includes a swimming pool, a horse barn, an 18th century stone temple and a Monet lily pond, according to the real estate listing.

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Editor: I love the kitchen.

A Look At The Imitation Game's Star Benedict Cumberbatch's New Home in L.A.

New home: Benedict Cumberbatch has reportedly bought this incredible mansion for a cool £10.8m

Daily Mail: PICTURED: A castle fit for a Cumberbatch: Benedict's sprawling new £10.8m mansion in Los Angeles 

He was first rumoured to be hunting for a property in Los Angeles back in December. 

And Benedict Cumberbatch has reportedly snapped up the lavish £10.8m mansion he was eyeing up in Hidden Hills, California. 

New aerial views show the vast extent of the stunning seven-bedroom Tuscan-style villa, which will act as a US base for Benedict and his bride-to-be Sophie Hunter. 

Editor: You heave to love the Tuscany architecture throughout the house.

World's Richest Own Homes Worth $3 Trillion

Sputnik: World's Richest Own Homes Worth $3 Trillion 

A handful of “ultra-high” net worth people live in homes worth more than the GDPs of the UK, France, and India. 

 According to Wealth-X, a private wealth consultancy firm, and Sotheby International Realty's wealth report, there are 211,275 people worldwide with more than $30 million dollars in net assets. Roughly 80% of those individuals have two or more homes that they bought for personal use. 

My Comment: Only $3 trillion ?!?!?!?!