Although the secretive deal actually went down last September, it’s only now come to light that billionaire Ivanhoe Mines magnate Robert Friedland and his longtime wife Darlene have very quietly paid a hair under $47 million for an oceanfront estate in the seaside California town of Carpinteria. The deal was far and away the biggest residential real estate transaction recorded in Santa Barbara County in 2023.
The home’s lucky sellers were Darren Entwistle, the controversial and longtime CEO of Canadian telecommunications giant Telus, and his wife Fiona. The Entwistles had placed the house on the market in the summer of 2022, asking a whopping $55 million, but delisted the property several months later. The $47 million transfer was inked off-market. The Canada-based couple originally acquired the estate in 2012 as a vacation home, paying $17 million.
