GLYN KIRK/AFP/Getty Images; Romain Hini-Szlos/Courtesy of Compass; Ruobing Su/Business Insider
- Chinese businessman Chanchai Ruayrungruang has cut the price of his Beverly Hills home to $22.5 million.
- Back in April, he listed the home for $24.95 million, the Los Angeles Times' Jack Flemming reported.
- The property boasts everything from a landscaped courtyard to a glass-walled wine room.
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Chinese billionaire Chanchai Ruayrungruang, also known as Yan Bin, has cut the price of his California mansion by $2.45 million.
Back in April, the Chinese businessman listed the six-bedroom home for $24.95 million. However, in August, he reduced the price to $22.5 million.
Yan Bin is the founder of Reignwood Group, an international multi-industrial conglomerate that, along with other things, distributes the energy drink Red Bull in China.
The home was designed in 2014 by architect Paul McClean for film producer and real-estate developer Nile Niami, the Los Angeles Times' Jack Flemming reported.
The 9,393-square-foot mansion sits in swanky Beverly Hills, where the median home value is $3,453,900. It includes everything from a landscaped courtyard to a glass wine room.
The property is currently represented by Ann Dashiell of Dashiell & Associates at Compass.
Keep reading for a look inside.