"Billionaire's Daughter Lists $26.5 Million Oceanfront SoCal Retreat"

Catherina Gores, daughter of billionaire investor Tom Gores, is selling her oceanfront retreat in the exclusive gated Malibu Colony enclave for $26.5 million. The 26-year-old acquired the property two years ago for just under $17 million. The wood-sided structure features four bedrooms, six baths, and nearly 5,000 square feet of living space. The property also offers an attached two-car garage, a patio with a hot tub and built-in barbecue, and direct beach access. Catherina's father, Tom Gores, has a $250 million property portfolio and an estimated net worth of $8.1 billion.