The sale of Steve Wynn's Beverly Hills mansion has been met with disappointment and controversy. [1] reports that the estate, which has been on and off the market for five years, sold at a staggering discount of $87 million less than what it was originally priced at. [2] adds to this by noting that the sale comes amidst broader trends in California where wealthy residents are fleeing the state. [3] provides more specific details, stating that Wynn had paid $47.5 million for the mansion in 2015 and now sold it for just below what he originally purchased it for. [4] also confirms this discount, noting that the home was sold at a massive price reduction of $47.75 million on July 26. The sale has been attributed to Wynn's decision to relist his property after previous attempts to sell it failed.