R
ichard Gonzalez, former AbbVie CEO, has sold his Hidden Hills estate for $21.7 million, marking the pharmaceutical executive's latest real estate move this year. The six-bedroom, 10-bathroom Cape Cod-style mansion at 24200 Hidden Ridge Road had been under contract since November and topped Los Angeles County's largest homes list that week.

    Gonzalez initially listed the property in October for $23.5 million after purchasing it in 2016 for $14.6 million. The buyer, a West Hollywood-based LLC, will take over the nearly 2-acre estate spanning more than 15,000 square feet. The gated community features smart home security and cameras, along with amenities like a 10-car garage, elevator, pool, and home theater.

    Douglas Elliman's Marc Shevin and Hanna Shevin represented Gonzalez in the sale, while Christie's International Real Estate Southern California's Tomer Fridman represented the buyer. This transaction comes after Gonzalez purchased a nearly 9,000-square-foot waterfront mansion in Boca Raton, Florida for $14.3 million earlier this year.

    As executive chairman of AbbVie, Gonzalez led the company through significant growth under his leadership, including major acquisitions and the development of blockbuster drugs like Humira, Skyrizi, and Rinvoq.