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Julia Roberts Sells Malibu House to the Billionaire Next Door

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variety.com
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Although the property was never available on the open market, Julia Roberts and longtime husband Danny Moder have sold one of their “spare” Malibu homes in a quiet $8 million deal, representing a modest increase over the $7.45 million they paid for the 1.2-acre estate four years ago, back in January 2016.

The landlocked house, located in Malibu’s celeb-favored Point Dume, lies directly across the street from the couple’s much larger, longtime main residence.

Records indicate the off-market buyer is Silicon Valley-based hedge fund tycoon Thomas Laffont, who also happens to own the house immediately next door.

Laffont picked that charming place up last year, paying $13 million for the low-slung ranch, which was once owned by Equinox gyms

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