Bang Si-hyuk buys 35 billion won mansion in wealthy LA
American real estate media reported that Hive Chairman Bang Si-hyuk purchased a mansion located in Bel Air, a wealthy area of Los Angeles, for 35 billion won.

According to the media, Chairman Bang Si-hyuk last year bought a mansion owned by comedian Trevor Noah, located on Stradella Road in Bel Air, a wealthy neighborhood in Los Angeles, California, for $26.4 million (about 35 billion won).

Trevor Noah is said to have bought the mansion for $27.5 million (about 36.5 billion won) from architect Mark Rios at the end of 2020, lived in it for a year, and sold it to Chairman Bang last year. Pop singers Beyonce and Jay-Z and movie actors Jennifer Lopez and Ben Affleck also live in the area.

Bel Air is a high-end complex located in West LA where Hollywood celebrities and famous sports stars reside. Chairman Bang's mansion is three stories above ground, has a living space of over 1,020 m2 (309 pyeong), six bedrooms, nine bathrooms, a library, a gym, a lounge, a separate wine room, sauna and massage facilities, a rooftop terrace, It is equipped with an infinity pool.

The media analyzed that the reason why Chairman Bang Si-hyuk purchased the mansion was because the need for continued residence in the United States to expand his business has increased.

According to economic magazine Forbes, Chairman Bang's wealth is known to be $2.9 billion (approximately 3.5365 trillion won).

Choi Ji-ye, Ten Asia Reporter wisdomart@tenasia.co.kr