James Jannard, the founder of Oakley and Red Digital Cinema, recently listed his Beverly Hills cement compound for $68 million. This comes after he made headlines with a record-breaking $210 million sale of his Malibu mansion, surpassing Jay-Z in the process. According to Forbes, Jannard’s net worth is estimated at $1.3 billion.
The Beverly Hills compound, which spans 18,000 square feet, features five bedrooms, 10 bathrooms, and an impressive oval courtyard. The property, which Jannard purchased in 2009 for $19.9 million, was originally built in 2016 and is located in Trousdale Estates in the foothills of the Santa Monica mountains.
Jannard founded Oakley in 1975 and eventually sold the company for $2.1 billion in 2007. He then went on to start Red Digital Cinema before retiring in 2019. The mogul’s latest listing is now on the market at $68 million, offering a glimpse inside the futuristic fortress with imposing metal doors opening up to the giant oval courtyard.