January 17, 2026

AndronETalksNews

AndronETalksNews

Kiwi billionaire brothers snap up 16 scorched Malibu beachfront lots with plan to build prefab homes

New York Post

By Bianca Heyward and Zain Khan
Published Jan. 6, 2026
Updated Jan. 7, 2026, 6:49 a.m. ET

A pair of billionaire brothers from New Zealand has quietly snapped up 16 beachfront Malibu lots destroyed by last year’s fires, dishing out well over $65 million — with plans to rebuild with prefab homes.

Nick and Mat Mowbray, co-founders of toy and consumer goods giant Zuru, have plans to deliver factory-built prefab homes manufactured in China.

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