Ex-Apollo head Leon Black offloads Beverly Hills mansion for $47M

Financier Leon Black has sold his Beverly Hills home for close to $50 million.  The former Apollo Global Management CEO offloaded the property at 1111 Calle Vista Drive to an undisclosed buyer for approximately $47 million, the Wall Street Journal reported. The house was not publicly listed and was being advertised off-market, local real estate agents told the publication.  Black and his wife Debra, acting through a limited liability company, acquired the home from “Mission: Impossible” star Tom Cruise in 2016 for $38 million, according to property records cited by the Journal. Cruise bought the house in 2007 from developer […]This article originally appeared on The Real Deal. Click here to read the full story.