Fortune typically comes as a byproduct of fame, though some have taken to cashing in by merely piggybacking on others’ notoriety. Working example: French entrepreneur François Navarre and his American enterprise associate spouse Brandy, who grew to become enormously rich by profiting off the world’s obsession with celeb.
The Navarres, each former journalists, are the founders and homeowners of X17, a number one gossip weblog and paparazzi company that thrives on candid images and oft-unflattering tales about Hollywood royalty. By their buzzy company, which features a veritable spiderweb of photographers and undercover informants, the couple have change into inordinately profitable — they drive luxurious vehicles, journey by way of non-public jet, and their essential residence is situated on one among L.A.’s swankiest streets, the place a few of their nearest neighbors embrace Reese Witherspoon and Steven Spielberg.
However the Navarres’ entrepreneurial ways haven’t all the time endeared them to their celeb neighbors, after all. Within the early aughts, Jennifer Aniston sued the couple after the Navarres bought topless images of her taken by a so-called “stalkerazzi” at her Malibu house. The Navarres finally settled with the actress for $550,000.
Although it’s not clear how a lot wealth the Navarres have gathered through the years, the household is clearly fairly well-off. Their longtime essential residence in L.A.’s prestigious Pacific Palisades neighborhood has popped up on the market, flaunting a hefty — and decidedly A-list — $15.9 million pricetag.
Data reveal the Navarres paid $5 million for the Palisades property in 2005. They subsequently razed the prevailing residence and spent tens of millions extra developing a customized mansion that was accomplished in 2008. Designed by native architect Jay Charles, the practically 10,000 sq. ft. construction sits on a half-acre, pancake-flat lot within the Riviera, arguably Westside L.A.’s most fascinating neighborhood pocket.
The home itself, tucked away behind gates and tall bushes, is maybe greatest described as a glassy contemporary-meets-luxe mountain house, the form of factor you may discover in Aspen or Jackson Gap, Wyoming. For its half, the itemizing — held by François Navarre himself — calls the place “a up to date, Asian-inspired house.”
Inside, there’s a large, clean-lined kitchen with double islands and the total vary of top-line stainless home equipment. Formal residing and eating rooms have a equally pared-down, minimalist aesthetic. Metal-framed doorways open to the park-line yard with sprawling lawns an decks for entertaining.
From the yard, towering eucalyptus bushes body the view over the rugged Santa Monica mountains. On the far rear of the lot is infinity-edged swimming pool seemingly cantilevered over the canyon beneath.
In addition to Witherspoon and Spielberg, different close by neighbors embrace Sam Raimi, Molly Sims, Kate Hudson and Conan O’Brien, whose $25 million compound occurs to be situated proper subsequent door to the Navarre property.