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Billionaire Paycom CEO Drops $26.5 Million on Malibu’s Il Pellicano Estate

Billionaire tech entrepreneur Chad Richison, the founder and chief executive of payroll processor Paycom and one of Oklahoma’s richest men, has paid a discounted $26.5 million for an idiosyncratic Malibu property that was originally listed at $57.5 million when it first appeared on the market, about 2.5 years ago. Locally known as Il Pelicano, the Tuscan-style […]

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