Simon Cowell plunks down a whopping $25 million for seven-bedroom Malibu mansion overlooking the ocean

Simon Cowell plunks down a whopping $25 million for seven-bedroom Malibu mansion overlooking the ocean

Simon Cowell is cementing his status as a major media mogul by plunking down a whopping $25 million for a beachfront home.

The X Factor judge, 58, fixed his eye on a Malibu mansion that sits in bluffs overlooking the Pacific Ocean, TMZ reported Monday.

The incredible property was originally listed at $26,995,000 so the British celebrity is getting a bargain.

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