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Steven Spielberg Incurred $9 Million Loss!

Tuesday, February 9th, 2016
Steven Spielberg Incurred $9 Million Loss!
Steven Spielberg Steven Spielberg is an American producer, director >> Read More... feels sad for selling his Malibu Estate, as it would have yielded him with the profit of $9 Million. He had a 7200 ft estate in the beachfront, which he disposed of for $26 Million, in August 2015. After six months, the realtor Chris Cortazzo listed the property as $35 Million. In addition to this, the house was listed in the rental property with the value of $125000 annually. Seeing this Spielberg regrets for selling it earlier. Initially, he purchased the property for just $6.6 Million in two installments. The property has a swimming pool, theater, six bedrooms and ten bathrooms.

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