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.