×

Tom Cruise Sells Beverly Hills Estate to Billionaire Financier Leon Black

SELLER: Tom Cruise
BUYERS: Leon and Debra Black
PRICE: reported to be about $40,000,000
SIZE: 10,286 square feet, 7 bedrooms, 9 bathrooms

YOUR MAMA’S NOTES: Last Fall this property heard word from impeccably plugged in snitches Ann T. Pasto and Our Fairy Godmother in Bel Air that Tom Cruise had surreptitiously engaged the services of at least one prominent real estate broker to quietly shop his Beverly Hills estate as a super-secret whisper listing with a price tag of about $50 million and today the celebrity gossip juggernaut TMZ reported the movie star is said to be in escrow to sell the heavily secured estate for around $40 million to conspicuously profligate private equity multibillionaire Leon Black. Mister Cruise and his third ex-wife, Katie Holmes, purchased the 1.3-acre spread in April 2006 for $30.5 million — the seller was Platinum Triangle real estate mover and shaker Kurt Rappaport who co-owns the prestigious Westside Estate Agency — and according to the L.A. County Tax Man’s records and other online resources the posh spread provides a 10,286-square-foot multi-winged manor house with seven bedrooms and nine bathrooms plus a motor court that circles up around a fountain, lighted tennis court with basketball hoops, lap-length swimming pool, children’s playground, and a couple of ancillary apartments for guests and/or staff.

The three-time Oscar nominee and outspoken Scientologist, now 53 and still a reliably bankable star — the latest installment of his high-octane “Mission: Impossible” franchise (“Rogue Nation”) has all by itself generated nearly more than $680 million dollars in worldwide box office receipts, has been much in the mood to lighten his once fat property portfolio. In 2013 he sold a 10th-floor condo at the American Felt Building in New York City’s East Village neighborhood for $3 million, last September (2015) he quietly unloaded a multi-residence compound above Mulholland Drive in the Hollywood Hills for $11.4 million to “Telenovela” star Eva Longoria, and his rustic-luxe 298-acre compound in Telluride, CO, remains available on the open market at $59 million.

Popular on Variety

Mister Black, an art hoovering Manhattan-bred financier whose fortune is estimated at $4.7 billion — in 2012 he paid $119.9 million for Edvard Munch’s iconic “Scream” painting and the following year coughed up $47.9 million for a small drawing by Renaissance master Raphael, is certainly no stranger to the property gossip columns. In the fall of 2014 he and his wife, theater producer and dedicated melanoma activist Debra Black, paid London developer Christian Candy $50.25 million for a 30-room Italian Renaissance-style fixer-upper mansion on New York City’s Upper East Side and last year they shelled out $16.5 million for a 4,730-square-foot ocean-view condo at the sensually curvaceous Faena House in Miami Beach, FL, that’s likkety-split already back up for sale at $18.5 million. Our research indicates the Manhattan-based Blacks’ extensive private residential holdings also include a sprawling, full-floor co-operative apartment in a prestigious Park Avenue building along with a 100-plus-acre country estate in bucolic Bedford, NY, and a multi-residence compound in Southampton, NY, that spans 6.68 couldn’t-be-more-prime oceanfront acres.

Aerial photo: Pacific Coast News

More Dirt

  • Nile Niami House Los Angeles

    Lender Takes Over Nile Niami's $38 Million Opus Estate, Plots to Resell

    Earlier this week, Nile Niami announced he had sold his infamous Opus estate in Beverly Hills. Originally listed at $100 million, the 20,000 sq. ft. mega-mansion went for “about $40 million” in a deal involving both the property and various pricey accessories, which were sold separately. The total value of the transaction, according to Niami — [...]

  • Anthony Hopkins House

    Anthony Hopkins Asks $11.5 Million for Bluff-Top Malibu Estate

    The Malibu, Calif., estate of Welsh-born Tinseltown treasure Sir Anthony Hopkins has come up for sale with The Agency’s Santiago Arana at $11.5 million. Tax records and other online documentation show the 1992 Oscar winning “Silence of the Lambs” star, who as subsequently been nominated for four more Oscars, most recently earlier this year for [...]

  • Jordan Maron House Hollywood Hills

    YouTuber CaptainSparklez Seeks Sale High Above L.A.’s Sunset Strip

    Lest anyone forget there are unfathomable amounts of money hauled in by YouTube’s leading superstars, Jordan Maron, better known to the global gaming universe as Ferrari-driving Minecraft master CaptainSparklez, has his sleek modern confection above L.A.’s perennially trendy Sunset Strip up for grabs at a mite under $4.9 million. The 28-year-old YouTube phenom, who occasionally [...]

  • James Charles House Encino

    James Charles Buys $7 Million L.A. Starter Home

    It’s a new decade, a new chapter, and James Charles is officially turning the page. The beauty guru is leaving the highly-publicized dramatics of 2019 in the rearview mirror, sister scrubbing off that bad energy by sister sliding into a brand-new Los Angeles mansion. And this time, he holds the deed. YouTube’s 20-year-old wunderkind has [...]

  • Steven Bochco House

    Steven Bochco’s Napa Valley Retreat Comes to Market at $8.5 million

    After first being offered as an off-market whisper listing, the achingly scenic, northern California wine country estate of late and vaunted television producer Steven Bochco has been listed on the open market by his wife, Dayna Bochco, at $8.5 million. Bochco passed away in April 2018 after a years long battle with leukemia. The influential, [...]

  • Don Lemon House

    CNN Anchor Don Lemon Seeks Harlem Buyer

    Veteran CNN anchor Don Lemon has hoisted his city-view condo in the New York City’s historic Harlem neighborhood up for sale on the open market with a $1.75 million price tag. The outspoken broadcast journalist, the winner of a prestigious Edward R. Murrow Award in 2002, hopes to squeeze a small but notable profit out [...]

  • Jeff Bezos House Los Anegles

    Jeff Bezos Drops $255 Million in Wild L.A. Real Estate Shopping Spree

    The Roaring ’20s redux has only just begun, but it’s already been a whirlwind decade for Amazon head honcho Jeff Bezos and his girlfriend, former TV news anchor Lauren Sanchez. The couple made their public red carpet debut in India, purchased their neighbors’ home in Washington D.C., and have just capped off a Beverly Hills [...]

More From Our Brands

Access exclusive content