Richard Saghian has long been active on the SoCal real estate scene, where he’s known for investing in ultra-luxe properties. Back in 2022, the founder and CEO of the apparel juggernaut Fashion Nova famously doled out $141 million at auction for The One megamansion in the Bel Air neighborhood of Los Angeles. Less than a year later, though he already owned an oceanfront residence in Malibu, he splashed out another $40 million in an all-cash deal for a larger home along ritzy…
David Spade’s Old Malibu Home For Rent at $59,000 per Month
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