Sheldon Adelson Spends $17 Million on His Ninth Malibu Colony House

Sheldon Adelson Spends $17 Million on His Ninth Malibu Colony House

Octogenarian casino tycoon Sheldon Adelson seems determined to buy up all of Malibu Colony, the famed celebrity enclave that has, essentially since its 1920s founding, existed as Malibu’s most exclusive gated community. There are approximately 120 properties …

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