Real Estate & Home

Former Disney CEO Bob Chapek Sells L.A. 'Trophy Estate' for $13 Million After Cutting Hefty Chunk From His Asking Price

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Former Disney CEO Bob Chapek sold his Los Angeles estate for $13 million, nearly four months after listing it at $14.99 million. This sale reflects a significant price reduction and a modest profit of just $500,000 from the original purchase price. The transaction highlights the impact of market conditions on high-end real estate sales, particularly in light of Chapek's departure from Disney amid financial challenges.

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