Powerball billionaire Edwin Castro bought $4M Japanese-style mansion for his parents as it’s revealed his brother is managing his assets

thtrangdaien

Powerball billionaire Edwin Castro bought $4M Japanese-style mansion for his parents as it’s revealed his brother is managing his assets

Powerball millionaire Edwin Castro generously shared his winnings with his family, who also helped him manage his sudden fortune.

Sources told The Post that the 31-year-old bought a $4 million Japanese-inspired home in Altadena, California, for his parents, who previously lived just a few miles away.

Castro has also asked his younger brother Jesse, 27, who works as a banker, to help manage his assets after winning a $2.04 billion jackpot last year, for which he received a lump sum payment of $997.6 million.

“They are a team and they are very strong,” a source said of the siblings. “They don’t like to party. They wouldn’t be in the club or else everyone would see them.

“The only picture they have is of him coming out of his lawyer [office] or bank. That’s them. They are just ordinary people.”

The $4 million Altadena mansion that Castro bought for his father, also named Edwin, and his mother, Frances, has five bedrooms and five bathrooms and is 4,631 square feet with stunning views of the surrounding San Gabriel Mountains, according to Dirt.com.

Edwin Castro was photographed leaving his Hollywood Hills home on the one-year anniversary of his $2 billion Powerball win. The Sun US/ MEGA $4M Japanese-inspired home Castro bought for his parents in Altadena, California CBS Los Ange3les

Castro, a trained architect who graduated from Woodbury University in Burbank – ranked 18th in the country in architecture schools – may have been inspired by the house’s unique features.

“The home’s U-shaped focal point is a beautiful courtyard that creates its own private oasis for you to escape from on a zen patio lounge complete with a red floating Japanese roof and tranquil pool,” according to the home’s Zillow listing.

See also  Sofia Vergara Sunning Her Swimsuit Buns Has ‘Still Got It’

The home was last on the market in 2010 for $1.1 million before being sold to Castro in March.

Since his historic victory, Castro has dropped a combined $76 million on three California mansions.

His biggest purchase was in September, when he bought a seven-bedroom, 11-bathroom, $47 million compound with an infinity pool in Bel Air.

Castro purchased this $47 Million Bel Air compound in September. /SplashNews.com Castro also owns a mansion in the Hollywood Hills, his first mega purchase after hitting the jackpot. 4CRNS, WCP / BACKGRID

Castro also has a $25 million mansion in the Hollywood Hills, which is a “steal” because the 31-year-old bought it for $10 million less than the initial asking price from the developer, sources explained.

The property has seven bedrooms and 11 bathrooms, a koi pond and another infinity pool that overlooks all of Los Angeles.

Castro is still getting used to the spotlight according to sources, who say he has been the target of fraudsters and is wary of flaunting his wealth in public.

However, Castro has a soft spot for sports cars and has been spotted driving a $200,000 Porsche 911 around Los Angeles. However, sources say his favorite remains a vintage 1970s green Porsche 911 SC, which is a family heirloom.

Edwin Castro was photographed leaving his home in the Hollywood Hills driving a green 1970s Porsche 911 SC. Sun US/MEGA Powerball winner Castro describes a meeting with a realtor in Los Angeles on Dec. 5. 2023 Sun / MEGA Yearbook photo of Powerball winner Edwin Castro when he was a student at Crescent Valley High School in La Crescenta, Calif.

See also  American Airlines plane carrying 53 passengers slips off ‘snowy’ NY runway after landing hour behind schedule

Sources say Castro remains humble despite his newfound wealth and wants to stay out of the public eye.

However, behind the scenes, sources told The Post he is committed to using his millions to do good and has made large donations to many local charities.

A source said the family also plans to hold on to the $2 million home where Castro and his brother grew up, just a few miles from Crescenta Valley High School where he graduated and was a linebacker for the football team.

Edwin Sr.— who worked as a manager in the construction industry — and Frances were doting parents who looked after the two boys and took them to soccer practice and Boy Scout meetings. They were “very present parents,” according to a childhood friend who wished to remain anonymous.

The friend said Castro has always been civic-minded and often volunteers in the community as part of his Eagle Scout duties.

“I’m sure there are a lot of people who are jealous of him, but it couldn’t have happened to a nicer guy,” added the friend.

Categories: Trending
Source: thtrangdai.edu.vn/en/