Jho Low’s 1MDB Scandal-Linked Hollywood Hills Compound Sells for $18.5 Million
After a long slog on the market, an infamous mansion looming high above L.A.’s Sunset Strip has sold to local investor Joe Simsoly in an $18.5 million deal. That’s a very big number, of course, but it’s also more than $20 million less than the property last fetched in November 2012, when it transferred for a record-breaking $39 million to Malaysian playboy Jho Low. For many years, that transaction held the record for priciest Hollywood Hills home sale ever — until it was finally eclipsed earlier this year.