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A billionaire was accused of stealing Malibu sand. Now he is donating a brand new seaside to the general public

whysavetoday by whysavetoday
September 8, 2026
in Real Estate
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A billionaire was accused of stealing Malibu sand. Now he is donating a brand new seaside to the general public
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Beachgoers stands out as the huge winners in a high-profile dispute between the California Coastal Fee and Mark Attanasio, the billionaire businessman who owns the Milwaukee Brewers baseball crew.

In 2024, Attanasio’s building crew was accused of utilizing excavators to dig up sand from Broad Seashore and carry it again to his property as a part of a beachfront growth. The development work kicked off a lawsuit, adopted by an investigation by the Coastal Fee.

The investigation discovered that the unpermitted excavation degraded delicate habitats, in line with a fee truth sheet. It additionally concluded that Attanasio’s undertaking partially blocked public seaside entry.

However the proposed decision is a bit unorthodox: As an alternative of paying a nice or a charge, the billionaire has agreed to donate a $2-million oceanfront parcel to be preserved for the general public, in line with the Coastal Fee.

The settlement awaits an approval vote from the Coastal Fee, which is ready for Thursday. Kenneth Ehrlich, an lawyer representing Attanasio, mentioned he gained’t have a press release relating to the deal till it’s accepted.

“We’re very excited as a result of we hardly ever have the chance to dedicate a complete parcel to the general public,” mentioned Lisa Haage, the Coastal Fee’s Chief of Enforcement, including that opening public pathways to Malibu’s prized seashores, the place homes crowd shoulder to shoulder, is all the time a problem.

A photo of an excavator on a narrow strip of beach.

A photograph of an excavator on Broad Seashore was included in court docket paperwork.

(Courtroom paperwork)

Property donations aren’t unparalleled in settlement agreements, however Haage mentioned that is the primary she will bear in mind in Malibu, the place land is prized and residents persistently get fined for blocking public entry.

“This can be a higher approach to resolve the scenario than settlement cash sitting in a pot someplace,” Haage mentioned.

Attanasio’s beachfront mansion is in Broad Seashore, however the property he’s donating sits about 14 miles east close to Large Rock Seashore. He doesn’t personal it but; he’s at present beneath contract to purchase the property and can donate it to a public company as soon as the sale closes.

The property spans 5,135 sq. toes with 70 toes of seaside frontage. It beforehand held a three-unit constructing that burned within the Palisades fireplace. The parcel shall be preserved for leisure use, however particular plans gained’t be determined till it’s donated to a public company, in line with Robert Moddelmog, who serves as enforcement counsel for the Coastal Fee.

“For many years, folks have been asking why public companies can’t purchase a few of these heaps in japanese Malibu, however traditionally, it’s been a wall of homes,” Moddelmog mentioned. “It’s uncommon that new acquisitions like this could occur.”

As a part of the decision settlement, Attanasio has additionally agreed to return the sand and restore the seaside. Moddelmog mentioned the excavator left a big gap within the rocky intertidal zone, the place fish, sea stars and different species linger.

Over the past decade, preservation has develop into a focus in Broad Seashore, a hyper-exclusive enclave the place celebrities and enterprise tycoons spend tens of thousands and thousands of {dollars} for properties proper on the water.

Through the years, the seaside has been battered by violent storms and excessive tides, resulting in vital sand depletion. In 2015, high-profile residents together with Dustin Hoffman, Ray Romano and Pierce Brosnan dedicated to a $31-million restoration undertaking to bolster the seaside’s sand.

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Tags: accusedBeachBillionairedonatinghesMalibupublicsandstealing
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