Nicole Brown Simpson and Ronald Goldman were stabbed to death at her nearby town house in 1994 and Simpson was forced to sell his property after their families were awarded $33.5 million in a wrongful death suit against him.
The property was bought by investment banker Kenneth Abdalla for about $4 million in 1997 and he razed the house and built a new one.
Universal Music Group President and CEO Zachary Horowitz is the new owner of the nine-bedroom, 10-bathroom home, the Times said. There are six fireplaces and a theater, wine cellar, indoor and outdoor living rooms, a guesthouse with a gym, a tennis court and a pool.
Swim Week Miami Beach 2014 [PHOTOS]