MALIBU BEACH, Calif. – The sound of ocean waves lapping up against the beach filled the air on a sunny day, just feet away from homes and businesses that had been burned to ash. Day by day ...

Billionaires like Larry Ellison and the Pacers’ Herb Simon lost homes on Malibu’s swank Carbon Beach. Not this U.K. billionaire. Here’s why.

One month and a week after LA’s epic wildfires tore through the tranquility of Malibu’s beach homes, the aftermath is stark. The cold, hyper-bright blue sun of winter in Los Angeles is like a ...