Guess co-founder Paul Marciano sells Beverly Hills estate for $18.25 million - Los Angeles Times
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Guess co-founder Paul Marciano sells Beverly Hills estate for $18.25 million

Guess co-founder Paul Marciano has sold his home in Beverly Hills for $18.25 million in a deal finalized off-market.

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Paul Marciano, co-founder and former chief executive of the Guess clothing brand, has sold his estate in Beverly Hills for $18.25 million in a deal finalized off-market.

Set behind gates on about an acre of grounds, the Mediterranean-style home includes such features as arched French doors, scaled formal rooms and a vaulted entry. A lower-level lounge is equipped with cigar and wine rooms. The oversized kitchen centers on a broad island.

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Including a pair of staff quarters, there six bedrooms and six bathrooms within 9,142 square feet of living space. The second-story master suite opens to a private balcony overlooking the backyard.

Outside, lush landscaping surrounds a swimming pool with a tiled spa. A motor court sits beyond the double-gated entrance.

Marciano co-founded the denim powerhouse Guess Jeans with his brothers in 1981. He stepped down from his position as chief executive of the fashion firm two years ago.

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He bought the property nearly two decades ago for $5.125 million, records show. In recent years the estate was leased out for as much as $55,000 a month.

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