Celeb Botox Doc Files for Bankruptcy After Blowing Fortune on $88M Megamansion
The mansion has a Champagne tasting room, DJ booth, and NFT art gallery, court documents reveal. He even used 24-karat gold dust to stain the floors.

Charley Gallay/Getty
A high-profile Botox doctor in Los Angeles has filed for bankruptcy after squandering his fortune as he built the luxury megamansion of his dreams. Dr. Alex Khadavi, 49, designed the mansion complete with a champagne tasting room, DJ booth, and NFT art gallery, court documents reveal. He even used 24-karat gold dust to stain the floors. However, he conceded that he “dreamed too big,” when he realized that the lavish details had caused him to go way, way over his budget. Excluding the cost of land, Khadavi spent $30 million on his dream home, which was three times his budget, The Wall Street Journal reports. The dream home will be auctioned off with a reserve price of $50 million, the minimum amount Khadavi would receive for the lavish project.
Register below to read this article for free or subscribe
to unlock unlimited access to The Daily Beast.
Monthly
$1
First month then $5.99/month
Annual
$35
First year then $59.99/year
Premium
$79
First year then $119.99/year
*Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy.
Already have an account? Sign In
Looks like you already have a subscription!
- Account (completed)
- Payment (completed)
- Confirmation (completed)
You're all set!
Thanks for subscribing.
- 1Account
- 2Payment
- 3Confirmation