Oakley Founder Sells Malibu Mansion for Record $210 Million

James Jannard's oceanfront estate sets a new benchmark in California real estate, eclipsing previous records.

James Jannard's Malibu mansion sold for $210 million, the highest in California's history.
The sale surpasses the $200 million spent by Jay-Z and Beyoncé on their Malibu compound last year.
Jannard bought the property for $75 million in 2012, making a substantial profit.
The 15,000-square-foot estate includes eight bedrooms, 14 bathrooms, and two guesthouses.
The buyer remains anonymous, with the purchase made through a Delaware-based LLC.