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A Chinese gaming billionaire just paid $500,000 over asking for a historic Los Angeles mansion. Take a look at the $25 million property.

Insider Asia Logo By kwarren@insider.com (Katie Warren) of Insider Asia | Slide 1 of 13:  Chinese gaming billionaire Tianqiao Chen bought a historic $25 million Los Angeles mansion earlier this month. He paid $500,000 over the asking price for the residence, which housed USC presidents for 40 years. Chen, the founder and chairman of Shanda Group, is known as one of the pioneers of China's online-gaming industry. See more stories on Insider's business page. Read the original article on Business Insider

A Chinese gaming billionaire just paid $500,000 over asking for a historic Los Angeles mansion. Take a look at the $25 million property.

  • Chinese gaming billionaire Tianqiao Chen bought a historic $25 million Los Angeles mansion earlier this month.
  • He paid $500,000 over the asking price for the residence, which housed USC presidents for 40 years.
  • Chen, the founder and chairman of Shanda Group, is known as one of the pioneers of China's online-gaming industry.
  • See more stories on Insider's business page.
Read the original article on Business Insider
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