Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m

The 1938 mansion, Casa Encantada, once belonged to Conrad Hilton and was sold at foreclosure auction

Tech billionaire Peter Thiel has been revealed as the new owner of a storied Bel-Air estate that quietly sold in July for a staggering $130m.

The 1938 mansion, Casa Encantada, was sold at an open-air foreclosure auction in Pomona, with the name of the buyer kept under wraps for months. The winning bid is now revealed to have come from a limited liability company linked to the venture capitalist and PayPal and Palantir co-founder, according to the Wall Street Journal, which first reported the buyer’s identity.