I never in a million years thought a wildfire would jump to the Pacific Coast Highway and start a fire,” Steiner said. “I reasoned that this would be the last item to go in the event of an earthquake.
To be honest, I never imagined that this would be the final item to go in the event of a fire. It was, too. “I think the architecture is rather good. However, the fireproof roof and stucco are very lovely.
He knows that he is one of the fortunate people in Los Angeles at the moment, even if he is grateful that his home escaped the fire.
Since Steiner bought the pad after two of his boys were already enrolled in nearby schools, his property was not the permanent abode of his family.
“I received texts from people saying, ‘We’re praying for you,'” he added. It’s awful. “Don’t pray for me,” I answered; “material goods are what I lost.”
Others lost their houses, but I lost a property. There were no keepsakes of my family with me. My family didn’t live there. My thoughts and prayers are with those who have lost their homes.
The billionaire said that even though he had insurance, it would only “cover 50% for a wildfire” and that he thinks his estate will have sustained some smoke damage.