March 25, 2025 Breaking News, Latest News, and Videos

Two Industry Titans Invest $30M in Lavish Pacific Palisades and Santa Monica Homes

David Bonderman and Christa Campbell recently acquired two lavish homes

By Dolores Quintana

Private equity tycoon David Bonderman and his partner producer Christa Campbell have purchased two new properties, one of them being a brand new mansion in the Pacific Palisades and another a beach house in Santa Monica from the 1920s as reported by The Dirt.com. The sales actually happened last year, but the information is just coming to light. 

Bonderman is purportedly still married to his wife Laurie Michaels, who is the mother of his five children, and the co-owner of two of his homes. His company TPG Capital, he is chairman as well as founder, is worth $120 billion and he owns the Seattle NHL Kraken team and has a minority stake in Boston’s NBA team the Celtics. He’s worth $6.5 billion according to Forbes. 

Campbell started out as a Playboy model and actress who worked in horror films. She is now a producer who, as a partner with Lati Groberman, founded Campbell Grobman films which have produced such films as “Rambo: Last Blood” and “Texas Chainsaw 3D.”

The pair paid $12.8 million for the 1920s estate in Santa Monica, a home that was owned previously by Douglas Fairbanks, one of the most celebrated stars of the silent era along with his wife Mary Pickford. The home sits on Santa Monica’s celebrated Gold Coast. A month later the couple also paid $17.5 million for a brand-new estate in the Pacific Palisades Rivera which has also been home to luminaries such as Ben Affleck, Adam Levine, Michelle Pfeiffer and Steven Spielberg.  

The former Fairbanks estate has 60 feet of prime Malibu beach access but is on the smaller side from the standpoint of the quarter-acre lot that it stands on. The home has 4,000 square feet of living space spread among two stories with three bedrooms and three and a half baths, hardwood flooring, a fully renovated kitchen with all the modern appliances, a swimming pool, another outdoor kitchen, al fresco dining area, thick hedges, patios, a fire pit with seating and a master bedroom with its own observation deck with the requisite ocean view.

<>Related Posts

Deadline Approaching for Wildfire Debris Removal in Burn Areas

March 25, 2025

March 25, 2025

USACE officials reported that around 1,300 properties in the Palisades Fire impact area have yet to declare whether they will...

Palisades Fine Arts Gallery Reopens in Santa Monica Months After Destruction

March 25, 2025

March 25, 2025

The gallery, previously the only fine arts space in the Palisades, lost nearly all of its collection in the fire...

 (Video) School of Rock Camps Provide Normalcy and Solace Amid Wildfire Destruction

March 25, 2025

March 25, 2025

For More Info, Go To Schoolofrock.com/locations/westla For More Info, Go To https://t.co/Nl9n3MVBQg pic.twitter.com/6FMCUmGPcZ — Santa Monica Mirror (@SMMirror) March 25,...

Does Your Neighborhood Face the Hazard of Wildfires? New State Maps Reveal the Danger Zones

March 25, 2025

March 25, 2025

Here’s How to Check Your Area’s Rating and What It Means for Homeowners For the first time in 10 years,...

SMC Concert Band to Perform Free Show Featuring Marine Band Clarinetist

March 24, 2025

March 24, 2025

Santa Monica College’s Emeritus Concert Band, under the baton of Yosuke Miyoshi, will present “Sea to Shining Sea,” a free...

Google’s Iconic Binoculars Building in Venice is Up For Sale: REPORT

March 24, 2025

March 24, 2025

Google, which has occupied the property since 2011, remains under a triple-net lease that runs through October 2030 The Binoculars...

California Attorney General Sounds Alarm on 23andMe: Your Genetic Data May Be at Risk

March 24, 2025

March 24, 2025

State AG Rob Bonta Gives Instructions on How to Scrub Your Data from Failing Company California Attorney General Rob Bonta...

Mayor Bass Considers Pausing Controversial ‘Mansion Tax’ to Aid Wildfire Victims

March 23, 2025

March 23, 2025

LA’s ‘Mansion Tax’ Faces Possible Suspension Amid Fire Recovery Los Angeles Mayor Karen Bass is considering a temporary suspension of...

Brace, Bolt, and Protect: How California’s Earthquake Retrofit Grants Work

March 23, 2025

March 23, 2025

Earthquake Retrofit Funds Available: See If Your Home Qualifies California homeowners can now register for grants to help retrofit their...

Beverly Hills, Bel Air Properties Among Most Expensive U.S. Home Sales and Listings

March 23, 2025

March 23, 2025

Southern California’s Luxury Real Estate Market Resilient Despite Slowdown Southern California properties in Los Angeles and Beverly Hills ranked among...

Kanye West’s Gutted Malibu Mansion Hits Market Again Amid Renovation Drama

March 23, 2025

March 23, 2025

Stripped-Down Malibu Mansion Back on Market at Deep Discount Kanye West’s oceanfront Malibu home is up for sale again, listed...

Santa Monica Eases Restaurant Regulations to Support Post-Fire Economic Recovery

March 23, 2025

March 23, 2025

To help restaurants attract customers during the March Madness college basketball tournament, the emergency order lifts several restrictions on establishments...

Canadian Dentist Launches Collaborative Health Summit in Culver City

March 22, 2025

March 22, 2025

H.E.A.L. founder Dr. Mandeep Johal brings cross-discipline healthcare model to L.A. Despite simmering trade tensions between the U.S. and Canada,...

Researchers Offer Free Soil Testing for Wildfire Pollutants in Los Angeles

March 21, 2025

March 21, 2025

The project aims to analyze soil and water samples from private properties, including yards, gardens, and pools Homeowners near the...

Registration Opens for Venice Beach’s Inaugural Half Marathon and 5K

March 21, 2025

March 21, 2025

Final course maps will be released on May 1, and organizers plan to announce race-day entertainment Runners will take to...