Finweek English Edition - - IN BRIEF -

The sell­ing price (R352.6m) of Ru­pert Mur­doch’s Bev­erly Hills es­tate, which he sold to a New York-reg­is­tered com­pany that re­port­edly be­longs to his youngest son James Mur­doch. The house was first listed last year for a re­ported $35m, drawing in­ter­est from celebri­ties in­clud­ing Leonardo DiCaprio, be­fore it was taken off the mar­ket. The Wal­lace Neff-de­signed house was con­structed in 1926 by Fred Ni­blo, direc­tor of the film Ben

Hur. Ni­blo sold the house to MCA founder Jules Stein. Mur­doch was the third owner. The 803.70m2, two-storey house in­cludes 11 bed­rooms and nine bath­rooms on a prop­erty of 1.3 hectares.

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