Fashion Nova CEO outed as $126M buyer of LA's biggest mansion - New York Post

Richard Saghian, who founded Fashion Nova in 2006, placed the winning bid for “the One” mansion in Bel-Air, which once aimed to fetch a sky-high $500 million for sale.

Fast fashion company Fashion Nova keeps its prices affordable but its owner splashed out nine figures to buy a roughly 105,000-square-foot Los Angeles mansion. Richard Saghian, who founded the compa… [+2267 chars]

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