Friedland buys California luxury estate from Ellen DeGeneres for $96 million

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Friedland buys California luxury estate from Ellen DeGeneres for $96 million
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Canadian mining magnate Robert Friedland recently bought a large piece of real estate in California from renowned American TV host Ellen DeGeneres, according to media reports in the US., was made off the market for a final sale price of $96 million. The land was bought by the now-retired DeGeneres two years ago for $70 million.

The property is located in Carpinteria, near Santa Barbara, a hotbed for celebrity buyers on California’s coast. It spans 10 acres of manicured land, resting atop a bluff overlooking the Pacific, and features an 8,000-square-foot home, according to reports.The Ivanhoe Mines chairman himself has been busy with his real estate dealings this year. Recently he sold another Carpinteria property for nearly $50 million.

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