Multi-Millionaire Businessman James Jannard Sells Malibu Mansion for $210 Million and Lists Beverly Hills Compound for $68 Million

James Jannard, the founder of Oakley, recently sold his Malibu mansion for a record-breaking $210 million. This comes shortly after he listed his Beverly Hills cement compound for $68 million. 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 and 10 bathrooms. The property was originally built in 2016 and is located in Trousdale Estates in the foothills of the Santa Monica mountains. After purchasing it for $19.9 million in 2009, Jannard has now put it up for sale at $68 million.

Jannard founded Oakley in 1975 before eventually selling it for $2.1 billion in 2007. He then went on to start Red Digital Cinema before retiring in 2019. The mogul’s latest listing offers a glimpse into his futuristic fortress with imposing metal doors opening up to the giant oval courtyard.