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David Geffen's former Malibu mansion he sold for a whopping $85 million to Los Angeles Dodgers owner burns to the ground in Palisades fire

Music mogul David Geffen's former Malibu mansion is one of the many beachfront homes to be decimated by the Palisades fire .

While the buyer wasn't immediately identified, it was later revealed to be Mark Walter, CEO of Guggenheim Partners, which owns the MLB team Los Angeles Dodgers (via LA Curbed). While the buyer wasn't immediately identified, it was later revealed to be Mark Walter, CEO of Guggenheim Partners, which owns the MLB team Los Angeles Dodgers (via LA Curbed ) Celebs such as Miles Teller, Eugene Levy, Anthony Hopkins, Adam Brody and Leighton Meester, John Goodman, Billy Crystal, Anna Faris, Paris Hilton, Spencer Pratt and Heidi Montag, Mark Hamill, James Woods and many more have lost their homes in the sprawling blaze so far.

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