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Fashion Nova was founded in 2006 by its CEO Richard Saghian, [5] who started his career in the retail industry by working at his father's clothing boutique located in Los Angeles. [3] Fashion Nova opened its first location in Panorama City, Los Angeles inside the Panorama Mall, selling inexpensive club-wear attire. In 2013, Saghian launched the ...
Meet Richard Saghian, Fashion Nova's billionaire CEO who owns the biggest modern home in the US —a $126 million LA megamansion Áine Cain,Sarah Jackson September 3, 2024 at 8:33 AM
Richard Saghian – Founder of Fashion Nova; Daniel Negari – founder of .xyz domain; Mike Kohan – founder of Kohan Retail Investment Group; Habib Sabet – Iranian industrialist (convert to the Bahá’í Faith) Essie Sakhai – art dealer, businessman; Ely Sakhai – art dealer, owner of several Lower Manhattan art galleries
It did not receive an offer and on March 4, 2022, the property was sold at a bankruptcy auction to Richard Saghian, the owner of Fashion Nova, for US$126 million.
Richard Saghian, owner of fast-fashion juggernaut Fashion Nova, was the winning bidder who spent $141 million to buy "The One" mega-mansion, he confirmed to The Times.
A Bankruptcy Court judge approved a $141-million offer by Fashion Nova founder Richard Saghian for the Bel-Air mega-mansion known as 'The One.' The sale of L.A.'s biggest mansion to Fashion Nova ...
The One is a private residence in Bel Air, Los Angeles, California, United States.It is a compound of a main residence and three smaller houses in the modernist style and was developed by Nile Niami.
A mega-mansion in Bel Air believed to be the largest home in Los Angeles has been sold at auction to Richard Saghian, owner of Fashion Nova.