Billionaire pharma heir lists Lenny Kravitz-designed LA mansion for $35m

Frank Binder, a billionaire pharma heir, has listed his Hollywood Hills mansion designed by Lenny Kravitz for $35 million in Los Angeles. He originally purchased the property eight years ago for $33 million. Binder is now focusing on his ambitious $2 billion Ulyssia mega-yacht project, a floating residential community expected to begin sailing in 2030. The listing highlights his shift toward luxury maritime real estate.