A Billionaire’s Beach House in Malibu, Designed by Richard Meier
This property is listed for $75M by Branden and Rayni Williams of Hilton & Hyland.
Nicknamed "Billionaire's Beach," the Carbon Beach section of Malibu is renowned for its oceanfront homes (built right on the sand) and unobstructed sea views (no sea walls here).
This contemporary beach home belongs to billionaire Eli Broad, a serial Fortune 500 creator of humble beginnings. As a son of Jewish Lithuanian immigrants, he worked his way through college, and co-founded a property development company with borrowed money from his in-laws that would become one of the nation’s biggest builders.
He then bought Sun Life Insurance, transformed it into Sun America, and sold it for $18B in stocks. Now a philanthropist with his wife, Broad supports the arts with various foundations and opened a contemporary art museum in California, free to the public.
Architect Richard Meier. the award-winning architect behind the Getty Centre and Barcelona Museum of Contemporary Art, among others, designed the striking property, described as “residential art”.
"Whiteness allows the architectural ideas to be understood most clearly—the difference between opacity and transparency, solid and void, structure and surface," Meier explains, of his characteristic aesthetic. "They have a greater clarity."
The beach house boasts 105 feet of frontage on Malibu’s coveted beach front, with the interior aesthetic designed by Rose Tarlow.
The unique design is just one example of Broad’s philosophy to challenge the status quo and conventional wisdom in life, which he claims is the secret to his success. No stranger to pushing the envelope, Broad published a controversial opinion piece in The New York Times in late 2019, titled: “I’m in the 1 Percent. Please, Raise My Taxes.”
All photos belong to the listing agency.
