Two parcels spanning two acres were bought for $14.75 million by Live Nation CEO Michael Rapino. The main home is over 11,000 square feet with five bedrooms and nine bathrooms. The secondary home is 2,400 square feet with three bedrooms and three bathrooms. The home comes with a gym, screening room, game room and a pool.
For full story: http://blogs.wsj.com/developments/2013/02/20/live-nation-ceo-pays-nearly-15-million-for-los-angeles-properties/