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Quibi’s Jeffrey Katzenberg Downsizes to $26.7 Million L.A. Mansion

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variety.com

James McClain Just days after announcing the final stage of Quibi’s spectacular flameout — the short-lived, short-form video streaming service will formally shutter in December — founder Jeffrey Katzenberg and his wife Marilyn have finalized the $26.7 million acquisition of a brand-new home in Beverly Hills, as was first reported by the Wall Street Journal.

Despite the blistering pricetag, however, the half-acre property is actually a remarkable downsize from the couple’s previous residence, a Napa Valley-style compound they sold in August for $125 million to WhatsApp co-founder Jan Koum.Set on a ridge high up in the 90210’s Trousdale Estates enclave, the new house was was built and sold by William Lauder, executive chairman of the Estée.

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