Johnny Carson's Malibu Estate Sells for $40 Million After 35 Years

Johnny Carson's iconic Malibu estate, which he purchased in 1984 for $9.5 million, sold for $40 million in June 2019, 35 years later, after being listed for $81.5 million in 2017. The property, which features a modern home and stunning ocean views, was sold in an off-market deal to venture capitalist Riaz Valani and his wife, Augusta Tigrett, for a significantly lower price than its original asking price.