Only a small handful of Beverly Hills homes border the golf greens at the famously posh Los Angeles Country Club. One of the largest of those properties is the so-called Simon Estate, a 2.4-acre compound long owned by Donald Simon, son of noted art collector and philanthropist Norton Simon. Over this past summer, the house sold for $25 million to businessman Neil Kadisha — a relative bargain, considering the place was listed early in January 2020 for a much heftier $38.5 million.
Though not exactly a household name, Kadisha has long been one of L.A.’s wealthiest men and remains a prominent member of the Nazarian clan, one of the world’s richest Iranian-Jewish families, whose fortune derives primarily from a lucrative early investment in tech giant Qualcomm. The L.A. Business Journal estimates Kadisha’s net worth at $2.7 billion.
Enveloped by a dense canopy of mature trees and hedges, the park-like Simon estate includes a 10,600-square-foot mansion designed in the 1980s by architect Peter Choate. Though parts of the home are woefully dated — most obviously the kitchen, which remains a perfect ’80s time capsule, the mansion is not without its decorative bright spots. There’s an atrium with awe-inspiring beamed ceilings, open living spaces with supersized windows overlooking the grounds, and a grand dining room with a massive chandelier.
Elsewhere are some interesting decor choices — teal and bright blue carpets, a decidedly maximalist floral wallpaper in the powder room, and a master bathroom with a crystal chandelier and wall-to-wall carpeting. But the most valuable feature of the estate is undoubtedly its sprawling grounds, which encompass a swimming pool, a full-size tennis court, a meandering stone driveway guarded by massive iron gates, and seemingly endless expanses of emerald green lawns.
Kadisha and his family are certainly no strangers to high-end real estate; records reveal he continues to own a mansion elsewhere in the Beverly Hills Flats area, as well as other real estate in Beverly Hills and Brentwood. And last year, his daughter Leora and her husband — Sweetgreen CEO Jonathan Neman — paid $21 million for a Beverly Hills house once owned by Ellen DeGeneres.
Kadisha also once owned a $20 million mansion in the exclusive Beverly Park gated community, though records show that estate was deeded over to his wife, prominent philanthropist Dora Nazarian Kadisha, earlier this year.