Yuri Shefler may have Purchased the Malibu Estate for $75 million - Russian Vodka Billionaire Moves to Malibu Real Estate

Yuri Shefler may have Purchased the Malibu Estate for $75 million – Russian Vodka Billionaire Moves to Malibu Real Estate

New owner paid $75 million for this insane Malibu Estate – Malibu Real Estate

3 Parcel Estate Along Pacific Coast Highway, Malibu

Yuri Shefler, the CEO of Moscow based Soyuzplod Import. The company is apparently the largest exporter of Russian vodka in the world. He may just be the new owner of a lavish summer beach house in Malibu.

The Malibu estate is one of the largest pieces of oceanfront property in Malibu and includes a 15,000-square-foot main house with 8 bedrooms and 14 bathrooms, 2 guesthouses, tennis court, pool and a separate building with a gym. Howard Marks’ Malibu Estate:

Sales Price: $75 Million in January 4, 2013
Original Purchase Price: $31 Million in 2002 from the estate of Herbalife founder Mark Hughes, who died in 2000
Size: 20,000+ Sq. Ft. on 9.5 Acres
Rooms: 8 Bedrooms, 14 Bathrooms
Ocean Frontage: 300 Feet (One of Malibu’s Largest Oceanside Lots)

According to both Forbes and The Wall Street Journal, the 9.5 acre Marks’ estate was quietly shopped on the market as a pocket listing with a price tag of $125 million. The buyers, reportedly a Russian billionaire couple, came in with $75 million cash.

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