He was America’s most respected business leader between the 1960s and the ’90s. Among his famous quotes were: “In times of great stress or adversity, it’s always best to keep busy, to plough your anger and your energy into something positive.” Another favourite of his was that “if you can find a better car, buy it.”
Lee Iacocca was the longtime President of Ford Motor Company and Chairman of Chrysler Corporation. He could switch from engineering to sales, marketing, fundraising and politics with little effort.
After introducing the Ford Mustang, Iacocca moved to Chrysler where he launched the successful minivan concept. He convinced the US Government to loan Chrysler US$ 1.5 billion and saved the company from collapse.
In fact, he featured in his own Chrysler commercials and was a frequent guest on television chat shows. In addition, Iacocca wrote several bestsellers, was successful in the restaurant, food and gaming industry, and headed the restoration of the Statue of Liberty in the 1980s.
Lee Iacocca was paid well by Chrysler for his talent and by the time he died in 2019, he was worth 150 million dollars. His beautiful home in Los Angeles where he lived out his retirement can now be purchased for US$ 26.9 million.
The Tuscan style mansion spans 10,682 sq ft and stands on over an acre near the Bel-Air Country Club. It contains five bedrooms and eight baths plus four en suite guest rooms, staff apartments, formal living and dining rooms, a panelled library and five fireplaces.
Huge open-plan rooms that spill out onto lovely terraces are perfect for large-scale entertaining while other spaces make for intimate gatherings. It’s been crafted with beautiful materials, and is elegant, bright and cheerful.
Immaculate grounds contain mature landscaping with outdoor living areas that are accented by the topiary. A chef’s kitchen is ready to cater to family and guests.
The master suite has a living area that’s larger than the formal living rooms of many mansions. It is reminiscent of historical times when the aristocracy entertained guests in their private chambers.
And there’s a swimming pool, a spa and tennis courts for outdoor recreation. These are facilities that can be enjoyed year-round in Southern California’s mild climate.
PHOTO CREDIT: Hilton & Hyland