Fashion Nova CEO Snags Beverly Hills Mansion With $12M Discount

Hot mess alert—Fashion Nova founder Richard Saghian just went and dropped a cool $32 million on a jaw-dropping Beverly Hills mansion, and I’m buzzing like a quadruple espresso over here! Picture this: a 13,000-square-foot palace perched high above the city with six bedrooms, eight bathrooms, and views that practically scream “Instagram me, please.” According to TMZ and public records filed with the Los Angeles County Recorder’s Office, Saghian closed the deal at a sweet discount—the estate was originally listed at $44 million, but his ace realtor Branden Williams sliced a whopping $12 million off that tag. I’m trying to catch my breath, but how do you negotiate off a bird’s-eye-view movie theater and a billiards lounge?
You know me—I can’t help but gush over every nook and cranny. There’s a hidden spa that doubles as a barber station (yes, you can get a fade while binge-watching your favorite show), a wine-tasting room for channeling your inner sommelier, and a basketball slash pickleball court carved into the backyard. Oh, and let’s not forget the putting green and the outdoor kitchen complete with a pizza oven so you can deliver fresh pies by the poolside. Seriously, who needs a local pizzeria when your weekends look like this?
Now, if you think this is his first rodeo, buckle up. Back in 2022, Saghian teamed up with Williams to plunk down an eye-popping $141 million on “The One” mega-mansion in Bel Air—the largest home in L.A. at 105,000 square feet. Sources at The Beverly Hills Estates confirm that he’s still tweaking that one, so it looks like our guy has real estate FOMO. Word on the street is he plans to call his new Beverly Hills pad home for the next two years, probably while juggling blueprints, redesign dreams, and that never-ending hunt for the perfect espresso roast.
Between property tax filings and celeb real estate whispers, the deal closed faster than you can say “latte.” It’s adrenaline, it’s luxury, and it’s totally Saghian swagger. I swear, I could caffeinate myself talking about every chandelier and secret corridor, but I’ll pause—unless more jaw-dropping mansion tea drops soon.
Sources: Celebrity Storm and TMZ; Los Angeles County Recorder’s Office; The Beverly Hills Estates
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