Guess Co-Founder Armand Marciano Lists Multimillion-Dollar Mansion
Who would have guessed that a ’80s billboard sign reading, “Guess What’s in the New Big Mac®?” would inspire French brothers to create a new brand of American denim?
Fast-forward 30 years, and Guess Inc. co-founders Maurice, Paul, Georges and Armand Marciano’s legendary stonewashed jean may be relegated to a sale rack at a nearby department store. Despite a somewhat tumultuous career, however, the brothers have amassed a fortune, as evidenced by their multimillion-dollar Beverly Hills mansions.
Armand is now selling his 20-acre Mediterranean-style villa for $54.5 million.
The home, located at 9904 Kip Dr, Beverly Hills, CA 90210, overlooks Benedict Canyon. At no less than 30,000 square feet, the home’s as jaw-dropping as it sounds with 10 bedrooms and 22 bathrooms, as well as a garage and motor court to accommodate 27 cars.
The listing, provided by Coldwell Banker’s Joyce Rey, says the interior was “designed for modern lifestyles, yet pays homage to timeless European elegance.” A library, commercial-grade kitchen, gym, game room, home theater, wine cellar, mosaic-tiled swimming pool, tennis court and immaculate lawns are just a few of the property’s modern amenities.
Regardless of what the home has to offer, the price has been chopped from its $63 million listing in 2011. The home failed to sell at that time perhaps because Armand was asking too much or perhaps, as suggested by Curbed, because the listing photos don’t include any interior shots.
Brother Georges faced a similar fate in May 2012, when his 19,500-square-foot Beverly Hills home hit the market for $24.5 million — a 23 percent cut from its listing price earlier that year. The French-born businessman reportedly ran into financial difficulty after wrongly accusing his former employees of embezzling company funds, prompting the sale of his home under Chapter 11 bankruptcy.