Meet Fashion Nova's billionaire CEO who owns the biggest modern home in the US —a $126 million LA megamansion
![Who is Fashion Nova CEO Richard Saghian, new owner of LA's biggest mansion? The fast fashion billionaire works with Kylie Jenner and Cardi B, and just dropped US$141 million on The One Who is Fashion Nova CEO Richard Saghian, new owner of LA's biggest mansion? The fast fashion billionaire works with Kylie Jenner and Cardi B, and just dropped US$141 million on The One](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/03/14/5c0bea0f-eccb-4bf3-9973-63cc99b35789_c231e63c.jpg)
Who is Fashion Nova CEO Richard Saghian, new owner of LA's biggest mansion? The fast fashion billionaire works with Kylie Jenner and Cardi B, and just dropped US$141 million on The One
Fashion Nova CEO Richard Saghian just spent $40,000,000 on this Malibu mansion ✨ Nine months after shelling out $126,000,000 for Bel… | Instagram
![LOS ANGELES, CA - MAY 08: Cardi B (L) and CEO of FashionNova Richard Saghian attend the Fashion Nova x Cardi B Collection Launch Party at Hollywood Palladium on May 08, 2019 LOS ANGELES, CA - MAY 08: Cardi B (L) and CEO of FashionNova Richard Saghian attend the Fashion Nova x Cardi B Collection Launch Party at Hollywood Palladium on May 08, 2019](https://c8.alamy.com/comp/T7XER6/los-angeles-ca-may-08-cardi-b-l-and-ceo-of-fashionnova-richard-saghian-attend-the-fashion-nova-x-cardi-b-collection-launch-party-at-hollywood-palladium-on-may-08-2019-in-los-angeles-california-T7XER6.jpg)
LOS ANGELES, CA - MAY 08: Cardi B (L) and CEO of FashionNova Richard Saghian attend the Fashion Nova x Cardi B Collection Launch Party at Hollywood Palladium on May 08, 2019
![Fashion Nova owner Richard Saghian wins bid for $141 million mega-mansion in Bel Air - ABC7 Los Angeles Fashion Nova owner Richard Saghian wins bid for $141 million mega-mansion in Bel Air - ABC7 Los Angeles](https://cdn.abcotvs.com/dip/images/11629050_030722-kabc-6am-bek-air-megamansion-vid.jpg?w=1600)
Fashion Nova owner Richard Saghian wins bid for $141 million mega-mansion in Bel Air - ABC7 Los Angeles
![Who is Fashion Nova CEO Richard Saghian, new owner of LA's biggest mansion? The fast fashion billionaire works with Kylie Jenner and Cardi B, and just dropped US$141 million on The One Who is Fashion Nova CEO Richard Saghian, new owner of LA's biggest mansion? The fast fashion billionaire works with Kylie Jenner and Cardi B, and just dropped US$141 million on The One](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/03/14/3a065554-bf96-4690-999f-61c7dd52ae0b_d7491f3d.jpg)