Ukrainian tycoon Vadim Shulman sold his oceanfront Malibu, Calif., estate for $40 million to the reality star, social media influencer, and author Grant Cardone.
Cardone, 63, told The Real Deal, he felt like he “stole this house,” for the bargain he was able to get on the home.
“We live on the best beach in Miami,” Cardone said. “And now we’ll have this other property in California and we’ll spend five or six months — we’ll probably spend three to four months there.” He noted that it would most certainly be less than six months to avoid residency taxes.
The Cape Cod-inspired Malibu mansion is in the Carbon Beach community, aka “Billionaires Beach”.
The estate offers 150 feet of beachfront views and has been pegged as an architectural marvel with interiors that include Aremberg hardwood floors, a gourmet kitchen, and floor-to-ceiling glass doors that flow onto the 3, 800-square-foot oceanfront deck.
