The Economic Times

RH billionaire Gary Friedman bought a $15 million Beverly Hills mansion unfinished; three years later, he sold it unfinished for $24 million

Gary Friedman sold his unfinished Beverly Crest mansion for $24 million, making a significant profit. The property, initially designed in 2013, offers potential for customization. Its prime location and expansive views attracted high-end buyers looking for unique opportunities. This sale reflects trends in luxury real estate where unfinished homes hold significant value. As land scarcity increases, buyers are willing to invest in properties based on their potential.