Randy Pitchford, the founder and CEO of Gearbox Entertainment who is also the grandnephew of the Great Cardini, has purchased the Magic Castle in Hollywood.
Gearbox founder and CEO Randy Pitchford has purchased one of Hollywood's most exclusive landmarks — the Magic Castle.
The Magic Castle, the private clubhouse of the Academy of Magical Arts, has been owned by the Glover family since 1961, when Thomas O. Glover purchased the home and the land. That same year, it was leased to the Larsen family, who began the Magic Castle. HOLLYWOOD, CA - JANUARY 02: The Magic Castle Board of Directors President Erika Larsen and President, CEO of Gearbox Software Randy Pitchford attend The Academy Of Magical Arts & The Magic Castle 55 Years In Hollywood celebration at The Magic Castle on January 2, 2018 in Hollywood, California.
"The Magic Castle is like bedrock — the center point of magic. The people who think of the Castle as their home and the place itself seem to have magical properties that have created and inspired some of the world's greatest entertainers," Pitchford said in a statement.
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