Fashion Nova founder’s lavish beach home

Richard Saghian, the CEO of Fashion Nova – who built his empire solely through Instagram, is obsessed with real esate

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Let's take a look at Richard Saghian's latest buy at the infamous ‘Billionaire’s beach’.

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Saghian bought the Carbon Beach mansion in an all-cash deal for $40 million.

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It features a classy white, gold, and gray theme across its 6,000-square-foot area

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From panoramic views to state of the art amenities, this home is one of a kind

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Upstairs is the master retreat with a private office, a balcony, a gym with its own beverage refrigerator

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It has a pool, a spa a "hidden"movie theater, jacuzzi, a fire-pit on the rooftop terrace and more.

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Saghian's other pieces of real estate include $14 million estate acquired from Netflix co-CEO Ted Sarandos, a $17 million mansion previously owned by the late Avicii, and Bel Air’s “The One” estate worth $126 million.

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