Ex Live Nation Chairman, Irving Azoff, Buys Holmby Hills Mansion for $16 million (PHOTOS)

Irving Azoff, the ex- executive Chairman of music company, Live Nation has reportedly purchased a $16 million mansion in the Holmby Hills area of Los Angeles, California.

According to Forbes, the home is a five bedroom, seven bathroom single family residence sitting on a 1.5 acre lot. The modern villa is set in a gated and private compound. Interiors of the home feature high ceilings and hardwood floors. The home also has large glass windows and doors.

Living spaces include a formal living room, a dining area, a sitting area, a family room with a bar and a study. The master bedroom has separate his and her baths and the kitchen is a modern, high-end, chef-friendly place.

Outside, the home has a spacious backyard, with open sitting areas. It also has a swimming pool, with a pool house, a fully equipped fitness center, a spa and a separate guest house too.

Check out the photos of the home in a slide show here.

Azoff is a renowned name in the music industry. He has managed music portfolios of various celebrities like Christina Aguilera, Neil Diamond, The Eagles, Bush, New edition and Steely Dan. More recently, he was ranked the #1 most powerful man on "Billboard's Power 100 List".

At the recent Billboards Music Awards, he chatted up Bill Werde, the editorial director at Billboard, backstage. Check out the conversation in a video below:

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