Steve Wynn Sells $110M Beverly Hills Mansion for Massive Discount as Billionaires Flee California Taxes
3rd August 2026
Steve Wynn has finally unloaded his jaw-dropping Beverly Hills megamansion, “Villa Lulu” — and the house definitely did not win this time.
The 84-year-old former casino head honcho just cashed out on his 27,150-square-foot Benedict Canyon estate for a final price of $47.75 million, listing broker Leonard Rabinowitz of Christie’s International Real Estate told The Post.
While that sum sounds like he hit the jackpot, for Wynn, it’s a bust.
The 11-bedroom, 14.5-bath castle with multiple kitchens, initially had an eye-watering $135 million whisper price in 2020.
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Rabinowitz blamed the pricing situation on California’s tax rate and tax on billionaires, which is causing residents to flee the Golden State for places like Florida and Texas.
When laws are passed targeting Jews, it’s time for Jews to leave.
When laws are passed targeting rich people, it’s time for rich people to leave.
This is not rocket science.