Dr. Alex Khadavi is said to be “furious” because his property only received a top auction bid of $45.8 million instead of the $88 million he advertised. Alex Khadavi is a renowned dermatologist who has made headlines for a variety of reasons. He declared bankruptcy just a month ago after his home, which reportedly spent $46 million to renovate, failed to sell for the amount he expected.
WHO? ALEX KHADAVI?
A 49-year-old certified dermatologist, Dr. He has worked with some of the most famous people in the world, including Alex Khadavi, Khloe Kardashian, Scott Disick and Lance Bass. He founded Advanced Skin and Hair. Alex earned his medical degree from George Washington University and completed his fellowship at the National Institutes of Health. She completed her dermatology residency at the University of California, San Francisco. Alex has a large social media following with more than 93,000 followers on Instagram, where he posts about his operations and treatments.
Spent 46 Million Dollars on Renovating His Corner
Dr. Alex Khadavi is clearly dissatisfied with the sale of his Bel Air property, as the top bid is $45.8 million, almost the same amount he spent on renovating it. The hillside residence offers breathtaking views of Los Angeles as well as elegant furnishings. However, Dr. He failed to persuade the auction price as high as Alex Khadavi had expected. Highlights of the seven-bedroom residence include a movie theater, champagne tasting room, and NFT art gallery. He allegedly paid $16 million for the property in 2013. However, Alex realized that his home was very expensive to maintain, only halfway through the restoration. “I had unrealistic expectations,” he said.
THE NET VALUE OF DERMATOLOGY AND PERSONAL LIFE REMAINS A MYSTERY
Dr. Alex Khadavi’s personal life is as private as his wealth. The doctor has not disclosed his net worth and his social media accounts give no information about his marital status. However, he is allegedly deeply in debt. According to the Daily Mail, he “owed tens of millions of dollars to creditors and hoped the sale of the property would allow him to meet his obligations.”