In an off-market deal, Trevor Bezdek and his wife Jana just spent $39.6 million on a Malibu Colony property formerly owned by billionaire financier Mitch Julis. The beachfront half-acre home has 5,000 square feet spread out over three buildings, a swimming pool, lawn, and two-car garage, according to Variety.
The purchase is actually the second Malibu beachfront property acquired by the Bezdeks, who bought a place on Las Flores beach in 2019 for about $4.5 million. Their primary residence is a $15 million spread in Brentwood.
Bezdek is the co-founder and co-CEO of Santa Monica-based healthcare company GoodRx, which developed an app that allows consumers to comparison-shop prescription drug prices in a database of more than 75,000 pharmacies. In addition, they operate the telemedicine platform GoodRx Care and offer medical testing services, a free-to-use website, and coupons for discounts on medications.
When GoodRx went public last September, it reportedly netted Bezdek and his partner Doug Hirsch an immediate $98 million followed by one-time IPO-related payouts totaling $396 million, according to LA Business Journal. The two committed to a one-time $42 million charitable contribution as part of the IPO, but didn’t disclose what organization got the money.
GoodRx has reportedly saved consumers over $20 billion so far, and was recognized in the 2019 Fortune Change the World list of companies helping the planet and tackling society’s unmet needs.