Steven ‘Bo’ Belmont purchased the wrecked Tadao Ando-designed home for just $21 million, and raised millions more to fund its restoration. Can he make it a ‘piece of art’ once again?

Malibu Road, bought at a 60 percent discount from its January listing price, represents Belwood’s largest single-family residential project to date. It’s also the buzziest by virtue of the home’s former owner and the treatment of the property by West, who now calls himself Ye. (See accompanying photo slideshow from a walk-through of the property.)

"He single-handedly destroyed this architectural masterpiece. My goal is to make it as though Kanye was never there. The house will be restored right back to what it was."

The CEO called some of Kanye West’s decisions to gut the home “dumb,” but says it will be restored to what it was.

Kanye West's ill-fated foray into high-end Malibu, Calif., real estate has left jaws dropping and wallets significantly lighter.

Bo Belmont, CEO of California-based real estate crowdfunding firm Belwood Investments, has been revealed as the new owner of West’s gutted Malibu manse, which was built by Pritzker Prize-winning architect Ando for art collector and financier Richard Sachs in 2013.

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