Billionaire ordered to give up $2million property
Mark Attanasio, owner of the Milwaukee Brewers, has been compelled to relinquish a $2 million beachfront property in Malibu for public use. The California Coastal Commission unanimously approved the settlement following accusations that his company, 2XMD Partners LLC, unlawfully removed sand, rocks and boulders from Broad Beach.
The property, near Big Rock Beach, covers 5,135 square feet and includes approximately 70 feet of beachfront. The Coastal Commission's decision aims to restore the damaged shoreline, preserve the land for recreational purposes, and address concerns over the restriction of public access.
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