Despite living in palatial homes in London, New York City, and Egypt, billionaire jet-setter Nassef Sawiris has never owned a home in Los Angeles. Sawiris was the mystery buyer who recently paid north of $24 million for a strikingly glamorous and photogenic mansion in Trousdale Estates, one of Beverly Hills' most exclusive neighborhoods.

‍

Onsi Sawiris, the late business mogul who built the Orascom Group into a worldwide conglomerate with interests in construction, tourism, hospitality, technology, and media, was Sawiris' father. As a result of his acquisition of wealth in some of the world's most valuable companies and sports franchises, Nassef has shed his image of being just another wealthy heir. With a $7 billion net worth, Sawiris is far richer than his two older brothers, according to Rich Report - he owns 6% of Adidas.

‍

It is likely that Sawiris is best known to the general American public because of Kanye West. As a caption to a photo of Sawiris posted on West's much-watched Instagram account last September, he wrote, "Sooooo much positivity."

‍

The Sawiris home in Beverly Hills was built in the late 1960s and sits atop one of the most desirable ridges in the Trousdale neighborhood. Despite its glam surroundings, the single-story house wasn't always so - by the mid-2000s, it looked like a vaguely Greco-Roman take on modernism, complete with dozens of white columns.

‍

Despite the huge ceilings, walls of glass, and blonde hardwood floors throughout, the estate is now undeniably much more stylish than ever. This building also adorned the cover of Steven Price's out-of-print book "Trousdale Estates: Midcentury to Modern in Beverly Hills" in 2017.

‍

‍

Under the property's panoramic views of the western city skyline, including Century City skyscrapers, Pacific Ocean, and Catalina Island, a swimming pool with an infinity edge drapes itself.

‍

There are five bedrooms in this 7,000-square-foot home, each with an ensuite full bath, a gym, a wood-paneled office, and a living/dining area with a gourmet kitchen and wet bar. In addition to the two-car carport and a substantial motorcourt with plenty of space for several other vehicles, the property is protected by walls and dual driveway gates.

‍

In the listing the Sawiris house was described as "a showplace adjacent to some of the most important estates in the city," and indeed there are some very impressive homes on the same street. French billionaire Bernard Arnault, the world's richest man, owns a two-house compound next door.

‍

When it comes to Sawiris' own real estate transactions, he's no stranger to them. The businessman owns luxury homes in Cairo and London, the latter of which is reportedly his primary residence, as well as a $70 million penthouse in Manhattan.

‍