Malibu estate linked to African president’s son sells for $93.5 million in 2026

Nov 10, 2026 - 18:00
Malibu estate linked to African president’s son sells for $93.5 million in 2026

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A luxurious estate in Malibu, previously owned by Teodoro Nguema Obiang, was sold for an impressive $93.5 million following a corruption settlement. Initially bought for $30 million, the mansion changed hands several times amid legal challenges. Luxury developer Mauricio Oberfeld acquired and revamped it before it eventually became the property of the Stark family, known for their association with Chrome Hearts.

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