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- Richard Saghian is best known as the fashion mogul behind Fashion Nova, but he's also snapped up pricey real estate.
- Within a year, he bought a $40 million home on Malibu's "Billionaire's Beach" and shelled out $126 million for the biggest modern home in the US.
- Here's a look at his life and career.
Richard Saghian is best known as the founder and CEO of fast-fashion company Fashion Nova, but he's also racked up some record-breaking real estate.