`Regretful` Steven Spielberg opens up about $9m loss

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Washington D.C, Feb. 8(ANI): Steven Spielberg recently revealed that he regrets selling his Malibu estate as it would have now given him a huge profit of 9 million dollars.

The 69-year-old director had sold his 7,200 square foot beachfront estate back in August for 26 million dollars, TMZ.com reported.

Six months later, the hot-shot realtor Chris Cortazzo from Coldwell Banker in Malibu listed the same property for 35 million dollar.

Additionally, the house was listed as a summer rental over the years for 125,000 dollars.

The ‘Jaws’ director made a huge profit when he bought the seven bedroom and ten bathroom home with a theater and a pool for around 6.6 million dollars in 2 separate transactions. (ANI)

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