Peter Thiel bought LA’s 40,000-sq-ft Casa Encantada for $130M at foreclosure; his identity stayed hidden for months

Source: Times of India

Category: Technology

Region: General

Published: October 01, 2026 at 08:30

📝 Summary

Peter Thiel, the billionaire entrepreneur, has acquired Casa Encantada in Bel-Air for a staggering $130 million during a foreclosure auction. Listed originally for inflated prices by owner Gary Winnick, this luxurious estate boasts a rich history dating back to 1938, showcasing the classic Old Hollywood style and offering stunning views of the Bel-Air Country Club.

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peter thiel casa encantada foreclosure bought identity stayed hidden months