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After Rupert Murdoch first floated his spectacular BevHills estate last summer as a whisper listing, with a (rumored) asking price of $35 million — Leonardo DiCaprio allegedly made an unsuccessful offer — the News Corp. mogul has sold the property for $30 million to the current COO of the Murdoch-owned 21st Century Fox, a man who just happens to be the global media magnate’s fourth child and youngest son, James.

The gated, nearly 6.5-acre estate occupies a private promontory with toe-tingling city views, and is anchored by a nearly 9,000-square-foot, crab-shaped mansion designed by architect Wallace Neff, and built in the mid-1920s for film pioneer Fred Niblo and actress Enid Bennett.

The elder Murdoch’s property portfolio still includes a 16-acre vineyard estate in L.A.’s Brentwood bought in August 2013 for $28.8 million, as well as a quadplex penthouse in Manhattan scooped up in February 2014 for $57.25 million. The younger Murdoch’s residential holdings are only slightly less impressive, and include a 12,000-square-foot neo-Georgian townhouse in New York City once owned by Muppet master Jim Henson, and bought by the media scion in early 2011 for $23 million from Seagram’s heir Edgar Bronfman Jr.