Malibu 4K - Billionaire’s Beach - Driving Downtown USA

Sold for a record $110 million dollars, Billionaire’s Beach in Malibu is home to the most expensive property ever sold in Los Angeles. Hard Rock Hotel co-founder Peter Morton sold the property in April to Oil & Gas Billionaire Michael Smith. The city is home to Hollywood movie stars, the entertainment industry, affluent residents, and surfers of course, Malibu is a beach city in western Los Angeles County, California, situated about 30 miles (48 km) west of Downtown Los Angeles. Malibu has been used as a location or setting for many films, television programs and music videos. Most Malibu residents live within a few hundred yards of Pacific Coast Highway (State Route 1), which traverses the city, with some residents living up to a mile away from the beach up narrow canyons. Nicknamed “the ’Bu“ by surfers and locals, beaches along the Malibu coast include Surfrider Beach, Zuma Beach, Malibu Beach, Topanga Beach, Point Dume Beach, County Line, and Dan Blocker Beach. Malibu is named for the Ventureño