Real Estate: Richard owns a valuable real estate portfolio concentrated primarily in Los Angeles. He owns several commercial lots in downtown Los Angeles, two side-by-side homes in Beverly Hills (purchased for $1.6 million and $2.2 million in 1998 and 2012) and large home in Malibu that he listed for sale in 2019 for $4.25 million In October 2020 Richard listed the Beverly Hills compound which is technically two parcels. He listed the main 3-acre parcel for $6 million and the second parcel for around $2.4 million.