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For Ultra-Rich Homebuyers, Sky s the Limit - Orange County Business Journal

For Ultra-Rich Homebuyers, Sky s the Limit - Orange County Business Journal
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Michael Amini lists his custom palace in Newport Coast

Print In Newport Coast, one of Southern California’s glitziest mansions is aiming for the highest price in Orange County history: $69.8 million. Dubbed Palais de Cristal, the newly built Palladian-style stunner is a celebration of wealth a 15,500-square-foot concoction of gold, onyx and glass filled with over-the-top spaces and ostentatious amenities. It’s owned by Amini Innovation Corp. founder Michael Amini, who grew his furniture company into a lifestyle brand that sells products through more than 3,000 retailers in 80 countries. He’ll smash the Orange County home sale record if he gets his price; the current mark belongs to a 19,000-square-foot mansion in the same neighborhood that traded hands for $61 million last year.

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