Billionaire energy drink founder slashes price on Beverly Hills manse

The home, once owned by Madonna, is now listed at $36M

Feb.February 13, 2019 02:00 PM
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

Related Articles

A judge will let Hearst estate be used as cash collateral (Credit: iStock)

Start your timer: Leonard Ross has 4 months to sell Hearst mansion

Billionaire David Saperstein lists Malibu home (Credit: Alfred Yson/Sotheby's International Realty via The Wall Street Journal)

Metro Networks founder Saperstein lists Malibu home for $115M

William Randolph Hearst by his former home (Credit: Getty Images and Zillow)

Hearst estate owner pleads with court to let him sell mansion

Actor Charlie Sheen and his mansion at 14003 Aubrey Road in Mulholland Estates (Credit: Getty Images and via LAT)

Charlie Sheen takes a loss on Mulholland Estates party pad

Michelle Pfeiffer, Jim Crane and the home (Credit: Getty Images and Zillow)

Move over Ellen: Michelle Pfeiffer is latest celeb RE player

Carla House at 1966 Carla Ridge and Robert Shapiro

Beverly Hills properties once owned by convicted RE Ponzi schemer Shapiro sell for $69M

A home for Illya Kovalchuk when he hangs up the skates (Credit: Redfin and Getty Images)

Ex-King Kovalchuk buys Beverly Hills manse then bids LA adieu

Beverly Hills agent Steve Frankel (Credit: iStock)

Compass rings in New Year by poaching another Coldwell agent