Beverly Hills mansion buys linked to powerful Kurdish family

Two mansions were sold to a Barzani-linked entity for a total of $47M

Los Angeles /
Nov.November 13, 2019 12:20 PM
Masrour and Mansour Barzani and the two Beverly Hills properties
Masrour and Mansour Barzani and the two Beverly Hills properties

A pair of all-cash deals in Beverly Hills lead to two prominent members of the Barzani family, the most powerful and influential family in Iraqi Kurdistan.

The two homes — totaling $47 million and spanning 21,000 square feet and 12,000 square feet, respectively — were purchased by a Virginia man linked to Mansour and Masrour Barzani, according to Variety.

Masrour Barzani was elected Prime Minister of the autonomous Kurdistan region and Mansour is head of the region’s security council. Both are the sons of former Iraqi Kurdistan Region President Masoud Barzani. Numerous other family members hold top positions in the regional government.

Their grandfather is Mustafa Barzani, the first leader of the Kurdistan Democratic Party and a key figure in the Kurdish independence movement. The family is one of the most wealthy families in the northern Iraq region, if not the most wealthy, and has been accused of corruption and monopolizing various businesses in the region.

The purchases in Beverly Hills closed three months apart last year. The so-called Maison 613 in the Flats area sold first for $27 million. The opulent abode has an indoor basketball court, a two-lane bowling alley, and home theater, as well as what Hilton & Hyland called in marketing materials “the most advanced, orchestrated lighting, sound and security systems imaginable.” Architect Roy Sklarin designed the home.

The second home is the Foothill Manor, about a mile away. The home dates from 1970, but is every bit as extravagant as Maison 613, and is much more private. The home sits on a hillside up a private drive and shaded by trees. It has the usual trappings of high-end Beverly Hills estates, including a gym, screening room, and landscaped grounds.

Neither home appears to be occupied, according to Variety. Masrour Barzani reportedly owns another mansion in McLean, Virginia where he regularly stays during trips to meet with U.S. officials.

While the Barzani family is fabulously wealthy — some estimates of their wealth reach as high as $48 billion — around 87 percent of households in Iraq’s autonomous Kurdistan Region make less than $850 per month, according to the United Nations Population Fund. [Variety]Dennis Lynch


Related Articles

arrow_forward_ios
Nahla Capital's Genghis Hadi and GPI's Cliff Goldstein with rendering of Rosewood Residences Beverly Hills (Common Ground, GPI, Rosewood)
Luxe condo under construction in Beverly Hills could ask $40M
Luxe condo under construction in Beverly Hills could ask $40M
Corinne Verdery, a rendering of 333 La Cienega, and Rick Caruso (Getty Images, Caruso Affiliated)
Meet Rick Caruso’s successor-in-waiting: Corinne Verdery
Meet Rick Caruso’s successor-in-waiting: Corinne Verdery
Sue Gross and Anthony Hsieh with One Thousand Museum and 960 N. Alpine Drive (Getty, LoanDepot, One Thousand Museum, Zillow)
OC billionaires reconfigure residential portfolios
OC billionaires reconfigure residential portfolios
Leslie Minniti and 9674 Highridge Drive (Compass, Redfin)
Agent-turned-designer has pending deal for $21M Beverly Hills spec house
Agent-turned-designer has pending deal for $21M Beverly Hills spec house
510 Arkell Drive with architect Miguel Angel Aragones (Inessa Binenbaum, LinkedIn)
Trousdale Estates home remodeled by Mexican architect lists for $20M
Trousdale Estates home remodeled by Mexican architect lists for $20M
Tom and Ruth Chapman; 335 Trousdale Pl. (Getty Images, Zillow)
Fashion entrepreneurs’ ask on Trousdale Estates manse tops $6,000 psf
Fashion entrepreneurs’ ask on Trousdale Estates manse tops $6,000 psf
Gyorgy Gattyan with 24 Beverly Park Terrace
Hungarian porn player lists Beverly Park mansion
Hungarian porn player lists Beverly Park mansion
HBC's Richard Baker with  9600 Wilshire Blvd (SFA, Cornell)
Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment
Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...