Pharma Heir Lists Lenny Kravitz-Designed LA Mansion for $35M
Frank Binder, a billionaire pharmaceutical heir, has listed his Hollywood Hills mansion for $35 million. He originally purchased the property eight years ago for $33 million, representing a modest price increase. The mansion was designed by rock musician and designer Lenny Kravitz. Binder is reportedly shifting his focus toward the Ulyssia project, an ambitious $2 billion floating residential mega-yacht community. The vessel is expected to set sail by 2030.
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