When healthcare company GoodRX went public last September, it reportedly netted company cofounders and co-CEOs Trevor Bezdek and Doug Hirsch hundreds of millions in personal gains. And with a current market cap that tops $16 billion, the prescription drug price monitoring/coupon-clipping app — which bills itself as “the largest digital marketplace for healthcare” — is poised to continue its track record of industry innovation.
It’s perhaps no surprise that Bezdek, who in addition to his CEO duties is also a licensed real estate broker, has chosen to reinvest some of those gains into lavish homes. The L.A. resident and his longtime wife Jana mainly reside in a $15 million Brentwood mansion, but they’ve now plunked down an additional $39.6 million for a titanic oceanfront estate along one of Malibu’s most desirable beaches.
Because the seaside property was never publicly offered for sale, photos and current details are scant. But it was previously owned by billionaire financier Mitch Julis, who acquired the house for $21.5 million in 2010, near the height of the last economic recession, and almost doubled his money in a decade. (In addition to the big profits Julis made by selling to Bezdek, he also leased out the property for several years to businessman Ed Freedman, reportedly for a mind-boggling total of $6 million.)
Set on a flat lot that spans about half an acre, unusually large by tightly-packed oceanfront Malibu standards, the property consists of three separate boxy structures — all of them painted a very matte shade of gunmetal grey. Out by the street are two side-by-side buildings, one of them a two-car garage with upstairs staff quarters, the other a detached guesthouse. Between the two buildings lies a gated breezeway that leads past a courtyard swimming pool to the blocky main house, which stands two stories tall with unobstructed whitewater views.