With nearly $60 million owed in court-mandated damages stemming from three 2019 lawsuits that alleged sexual battery and harassment — all of which he says he plans to appeal on claims of innocence— and an ongoing suit in which a former employee has accused him of rape, notoriously flashy and not uncommonly bellicose billionaire Alkaviades “Alki” David has hoisted his oceanfront home along one of Malibu’s most prestigious streets on the market at $28.5 million. A substantial amount of updating and upgrading has been done across the 1974 residence that David picked up not quite two years ago for $19.1 million from elderly heiress Elizabeth Luster, granddaughter of cosmetics pioneer Max Factor.
Part of the Greek Cypriot Leventis family, the nucleus of whose vast wealth derives from ownership of dozens of Coca-Cola bottling plants around the world, David has founded several companies of his own, the internet-based television service FilmOn.TV among them. And, he owns the Hologram USA Theater on L.A.’s Hollywood Boulevard, a kind of new-fangled version of the old fashioned wax museum.
The Rolls Royce driving heir, entrepreneur and occasional actor and producer is well known in certain circles for his outrageous and provocative behavior. Once, and to his seeming delight, he loudly passed wind on a red carpet, and in 2019 he was arrested in St. Kitts with 5,000 cannabis on his private plane. (He quickly made bail and claims his actions were legal.) During one of his several 2019 trials his myriad antics and outbursts included dramatically dropping to his knees and offering his wallet to his accuser’s high-profile attorney, Lisa Bloom, whom he called “a liar” and “disgusting.”