Detroit Pistons owner Tom Gores just scooped up an exorbitant spec house in Holmby Hills in a deal valued at $100 million—his purchase ties with the Playboy Mansion as the most expensive to date in 2016. It's the latest sale in what's already been a lucrative year for the owners of LA's most luxurious estates.

In honor of Gores' whopping acquisition, ... read more...