Vice CEO Shane Smith says he bought this $23 million mansion without stepping foot inside ' here's what it's like

Last year, Vice Media CEO Shane Smith shelled out $23 million for a massive property in Santa Monica, Californiawithout ever setting foot in it, he tells The Wall Street Journal.His wife had scoped out what she called their perfect house.Built in 1932, the 3.3-acre estate has a total of 12 bedrooms and 14,000 square feet of space. It also has a 72-foot-long pool.The home, known as the Villa Ruchello, previously belonged to noted director Henry Jaglom. It has made appearances in "Beverly Hills Cop" and "Entourage."But when Smith bought it, it needed a bit of work."No one had really been taking care of the house for 15 years or so," Smith's wife Tamyka tells the Journal. "The owners had gotten a divorce and were renting it out. We had to replace all the plumbing, all the electrical, the roof and do the whole thing." Tamyka was in charge of restoration work that the Journal says featured "handblown glass chandeliers from Venice, a geometric orb bar custom made by MJ Atelier, antique Persian rugs and various vintage French and Italian furnishings."The house is worth only a small fraction of Smith's fortune, which the Journal says could be around $1 billion. Smith also owns a $3.8 million home in the Pacific Palisades neighborhood of Los Angeles.Here's a look at how the Villa Ruchello was when Smith bought it:SEE ALSO:Take a look inside the multimillion-dollar home built by the guy who started ChipotleThe Villa Ruchello sits behind a heavy set of wrought-iron gates.The lot totals 3.3 acres of land covered in lush gardens.The house was built in the Mediterranean style in the 1930s. There are several ponds on the property, and there's even a wishing well on the way up to the house.See the rest of the story at Business Insider
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