Billionaire former Univision chairman buys Ronald and Nancy Reagan's Bel- Air home. The billionaire former chairman of Univision has purchased the former Bel- Air, California home of the late President Ronald Reagan.
Financial and real estate investor Ion Tiriac pared down his portfolio selling off banking and retail stakes in order to focus on his real estate empire. The Los Angeles Times reports that Jerry Perenchio, 8. The sale comes just four months after the nation mourned the death of former first lady Nancy Reagan. Scroll down for video Former Univision chairman Jerry Perenchio has purchased the former Bel- Air, California home of Ronald and Nancy Reagan The Reagans pictured swimming in the pool at one of their other homes, in Pacific Palisades, California, in 1. Perenchio has several properties surrounding the Reagan home and has sat on the board of trustees for the Ronald Reagan Presidential Foundation since 2. In September, many of the Reagan's possessions will go on sale in an auction benefiting the Ronald Reagan Foundation. It's unclear if the sale of their home was also for charity. Perenchio has deep connections with Ronald Reagan, having represented the actor- turned- politician early on in his career when he was working as a talent agent at Music Corp. He has also sat on the board of trustees for the Ronald Reagan Presidential Foundation since 2. The Reagan's former Bel- Air home was purchased by friends of the couple in 1. Ronald was in his second term as president. The agreement was that the Reagans could lease it from their friends with the option to buy later down the line. The deed was eventually turned over to the Reagans in 1. White House. The 7,2. Hedges and gates surround the 1. The home is located in an upscale neighborhood once home to the likes of Joan Rivers, Elizabeth Taylor and Burt Bacaharach. Perenchio owns multiple properties around the Reagan home. After getting his start as a talent agent representing Reagan and Marlon Brando, Perenchio went into movie production. In the 1. 99. 0s, Perenchio and two partners bought the Spanish- language network Univision for $5. Nancy Reagan passed away in March. Billionaire Bars are a rich combo of cookies, cookie dough, chocolate, peanut butter and lots and lots of caramel. Daniel Keith Ludwig (June 24, 1897 – August 27, 1992) was a United States shipping magnate, businessman with numerous companies, and billionaire.
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