Billionaire Ron Burkle bought Frank Lloyd Wright’s earthquake-damaged Ennis House for about $4.5 million, roughly 70% below its original ask, then spent up to $17 million restoring it before it sold for $18 million – FinSiddhi
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Billionaire Ron Burkle bought Frank Lloyd Wright’s earthquake-damaged Ennis House for about $4.5 million, roughly 70% below its original ask, then spent up to $17 million restoring it before it sold for $18 million

Times of India

Billionaire investor Ron Burkle acquired the iconic Ennis House, designed by Frank Lloyd Wright, at a bargain due to its deteriorated state. After pouring approximately $17 million into comprehensive renovations, the property was exquisitely restored and listed for $18 million in 2024. This impressive sale established a new benchmark for architecturally significant homes, underscoring the importance of conserving historic structures for future appreciation.
Read more at Times of India

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