Though self-made multimillionaire businessman Liu Changle might not be recognizable to many stateside folks, or even many of his well-heeled neighbors in Bradbury Estates — the swanky, 24/7 guard-gated community where he’s owned a family home for the past 15 years — the 69-year-old has long been one of the most influential players in Chinese media circles. As the founder and longtime chairman of Hong Kong-based broadcaster Phoenix Media, one of Asia’s largest broadcasting empires, his holding company provides satellite television broadcasting services throughout the People’s Republic of China and internationally as well.
Earlier this year, Liu stepped down from Phoenix amid controversy, and subsequently sold off a majority stake in the company in two deals worth a total of $149.2 million. He’s also looking to offload the so-called “contemporary Mediterranean-style estate” he purchased in L.A.’s picturesque San Gabriel Valley back in 2004 for $4 million, placing the mansion on the market with a $7.6 million ask.
For the record: deeds show Liu purchased the property in 2004 and subsequently deeded the property over to his identical twin daughters, Dian and DiDi, one of whom formerly attended law school in Los Angeles. However, both adult daughters have long since moved back to China and Liu’s Bradbury home has been rarely used over the past decade.
One of Asia’s leading broadcast entrepreneurs, Shanghai-born Liu launched Phoenix Satellite Television in Hong Kong in 1996, and the company now offers five television channels broadcasting in Mandarin Chinese across more than 150 countries worldwide. For his contributions to international TV, Changle received an International Emmy Directorate award from the International Academy of Television Arts & Sciences in 2008.
Built in 1997, and listed with Suzie Koo of Keller Williams Realty, Changle’s Bradbury Estates showpiece is highlighted by more than 8,000 square feet of living space on two levels encompassing seven bedrooms and eight bathrooms. Perhaps even more impressive, however, is the property itself, which consists of a sprawling, 5.4-acre parcel of land that lends itself to sweeping views of Downtown Los Angeles and the lovely San Gabriel Mountains.