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Billionaire Peter Thiel Is Behind the $130 Million Purchase of Casa Encantada — WSJ

By Katherine ClarkeCasa Encantada, the circa-1930s Bel-Air estate once prized as one of Los Angeles's grandest homes, changed hands for $130 million in July in a decidedly ungrand auction: behind a nondescript fountain at Pomona's Civic Center Plaza, where an auctioneer, clad in denim pedal pushers…

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