Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m
Peter Thiel quietly acquired the 1938 Casa Encantada mansion in Bel‑Air, which sold for $130 million at a foreclosure auction. The historic property, once owned by hotel magnate Conrad Hilton, had been on the market after a failed sale. Thiel’s purchase was revealed after the auction, highlighting the billionaire’s interest in high‑end real estate. This transaction underscores the growing trend of tech entrepreneurs investing in luxury real estate.