Powerball winner Edwin Castro’s $3.8 million Malibu home destroyed in LA Palisades Fire
Powerball winner Edwin Castro’s multi-million dollar Malibu getaway has been destroyed in the horrific Palisades Fire, reducing the once-luxurious digs to a pile of ash.
After the deadly fire tore through the area, all that remained of Castro’s $3.8 million home was concrete pillars and smoldering wood, photos obtained by The Post show.
The destroyed Malibu abode was one of several Castro purchased after he won the historic $2.04 billion prize back in November 2022.
The 31-year-old purchased the beach-front property through an LLC in 2023 through an LLC after hitting the jackpot, the US Sun reported.
Castro’s home along the scenic Pacific Coast Highway wasn’t the only structure destroyed as the vast majority of structures along Big Rock Beach were also decimated by the blaze.
Big Rock Beach and the Pacific Ocean from the Pacific Coast Highway, once blocked by numerous homes lining the scenic road, are now clearly visible.
After winning the prize, Castro’s huge spending spree began with a secret vacation to Fiji with his friends before he was revealed as the lucky winner.
He opted for the more humble lump sum option of $997.6 million.
He then expanded his vast car collection and purchased at least three separate homes, all in the Los Angeles area.
Castro’s real estate portfolio combined to an eye-watering $76 million, which included a $25.5 million estate in the Hollywood Hills, a $4 million Japanese-style pad in Altadena for his parents and $47 million for a mansion in Bel Air, The Post previously reported.
The Palisades Fire – first reported in the Topanga State Park area of LA Tuesday morning – has taken over nearly 20,000 acres of land in the Pacific Palisades, western Los Angeles and Malibu area.
Crews have only contained six percent of the fire that has left at least two dead and destroyed over 10,000 structures, including homes of various celebrities.
Stay up to date with the NYP’s coverage of the terrifying LA-area fires
Fierce, Hurricane force Santa Ana winds fueled the fire that tore through drought-ridden Southern California.
At least 10 fire-related deaths were reported by the Los Angeles County Medical Examiner Thursday.
The Eaton fire has burned 13,690 acres in Pasadena and Altadena and is responsible for at least five of the deaths.
There has been no progress in containing the deadly fire since it broke out Tuesday night.
