Gateway Inc. co-founder Ted Waitt has sold one of his homes in the Bird Streets of Hollywood Hills West for $15.5 million. The buyer of the 6,200-square-foot home, set on a promontory of more than half an acre, was Latvian philanthropist and film producer Boris Teterev.
FOR THE RECORD
9:28 a.m. April 12: An earlier version of this story said the sale price was $17.9 million. The actual sale price was $15.5 million, according to public record.
He and his wife, Inara, are among the biggest philanthropists in Latvia, supporting arts and education through their charitable foundation.
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