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The Real Deal Los Angeles

Billionaire energy drink founder slashes price on Beverly Hills manse

The home, once owned by Madonna, is now listed at $36M
February 13, 2019 02:00PM

Russ Weiner and his Beverly Hills mansion (Credit: Pinterest and The Agency)

The brainchild behind Rockstar Energy Drink is having a hard time finding a real-life rockstar to buy his Beverly Hills mansion, adding yet another relisting to the luxury Los Angeles market.

Russ Weiner has chopped the price on his 12,000-square-foot mansion by $4 million, bringing its ask down to $36 million, Variety reported. It first hit the market nearly two years ago for $49 million.

Much like other properties in glitzy Beverly Hills, the massive estate is rich in Hollywood history. Actress Sela Ward, best known for her roles in “Sisters” and “CSI:NY,” owned the home before she sold it to Madonna. Beyonce and Jay-Z were rumored to have later rented the palatial home from Weiner, according to Variety.

Located on Sunset Boulevard, the French Normandy-style residence includes eight bedrooms and 14 bathrooms. There are also two detached guesthouses, a 60-foot long swimming pool, tennis court, home theater and gym.

Weiner extensively remodeled the place after spending $19 million to acquire the home in 2015, adding handmade custom cabinetry and smart-home automation.

Mauricio Umansky at the Agency has the listing.

Weiner, the son of polarizing radio talk show host Michael Savage, founded Rockstar in 2001. With an estimated net worth of $4.5 billion, according to Forbes, he’s also amassed a hefty real estate portfolio. In addition to the Beverly Hills mansion, he also owns an oceanfront home in Hermosa Beach, and two properties in South Florida. [Variety] — Natalie Hoberman