More on investors - with very, very close ties to CHINA - scooping up fire-destroyed California prime real estate:
Jennifer Van Laar
@jenvanlaar
🔴 EXCLUSIVE: The foreigners buying the burned-out lots at La Costa Beach in Malibu are New Zealand's Mowbray brothers, founders of Hong Kong-based global toy giant Zuru.
Here are the incorporation docs for three of their shell corporations, which they used to purchase the lots - some of which were not on the market.

Jennifer Van Laar
@jenvanlaar
Zuru recently launched Zuru Tech, which will build concrete, pre-fab homes - manufactured in its 8-acre facility in China, which would then be shipped to the US to place on the burned-out lots, founder Nick Mowbray announced at the China Business Summit in NZ in July.
(So why all the secrecy in the US? Trying to keep landowners from knowing what's going on?)
2:46 PM · Aug 22, 2025