Former Spelling mansion sells for nearly $120 million

Back in 2011, the real estate world was stunned when a British socialite, who no one had ever heard of, paid an eye-popping $85 million for Candy Spelling's Holmby Hills mansion. Making this even more of a head scratcher was the fact that this unknown heiress, Petra Ecclestone, was just 23 years old at the time of the purchase. According to reports, she bought the house in all-cash with no mortgage at all. It almost seemed like fake news or a prank, but it was real. Well, Petra is having the last laugh because she just sold the house for $120 million.