An LA mansion that was once the most expensive in America got another price cut, to $165 million. The seller is the widow of telecom tycoon Gary Winnick, who paid $94 million for it in 2000. Related Video Inside the most expensive neighborhoods of Singapore, home to TikTok CEO Shou Zi ChewNow the property is $30 million off. This week, the 60-room mansion cut its ask to $165 million, a 34% drop from its highest price tag. With the latest price cut, it's no longer the most expensive listing in California.

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Persons: Encantada, it's, Gary Winnick, —, Conrad Hilton, Jeff Bezos, Shou Zi Chew, Casa Encantada, It's, John Donahue, Karen Winnick, Encantada's, Josh Flagg, Flagg Organizations: Service, Bel Air, Hilton Hotels, Pritzker, Global, Business, Bel, Air Country Club Locations: America, Los Angeles, Singapore, Naples, Florida, California