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“The One” Mansion Sold for US$63.1 Million, After Defaulting on Debt

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America’s most expensive home in Los Angeles, known as “The One”, has been sold at an auction for US$63.1 million. It was sold to billionaire investor Nicolas Berggruen on Tuesday, 14 September. According to court documents, the owner of the mansion had defaulted on more than US$100 million in loans…

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