Powerball billionaire Edwin Castro generously shares his winnings with his family, who also help him manage his sudden wealth.
Sources told The Post that the 31-year-old bought a $4 million Japanese-inspired home in Altadena, California, for his parents, who previously lived just a few miles away.
Castro also recruited his younger brother Jesse, 27, who works as a banker, to help manage his assets after winning the $2.04 billion jackpot last year, from which he received a lump sum payout of $997. 6 million dollars.
“They are a team and very deep-rooted,” a source said of the brothers. “They don’t like the party. They don’t go out to clubs, otherwise everyone would see them.
“The only photos they have are of him leaving his lawyer’s office. [office] or the bank. That’s them. “They are just normal people.”
The $4 million Altadena mansion that Castro bought for his father, also named Edwin, and mother, Frances, features five bedrooms and five bathrooms and is 4,631 square feet in total with stunning views of the surrounding San Gabriel Mountains, according to Dirt.com.
Edwin Castro was photographed leaving his Hollywood Hills home on the one-year anniversary of his $2 billion Powerball win. The Sun US / MEGA The $4 million Japanese-inspired house Castro bought for his parents in Altadena, California CBS Los Angeles
Castro, a trained architect who graduated from Woodbury University in Burbank, which ranks 18th in the nation for architecture schools, was possibly inspired by the home’s unique features.
“The home’s U-shaped focal point is the beautiful courtyard that created its own private oasis to escape from the living room in a zen courtyard complete with a red floating Japanese roof and tranquil pond,” according to the home’s listing on Zillow .
The home was last on the market in 2010 for $1.1 million before being sold to Castro in March.
Since his historic victory, Castro has spent a combined $76 million on three massive mansions in California.
His biggest purchase was in September, when he bought a seven-bedroom, 11-bathroom compound with an infinity pool in Bel Air worth $47 million.
Castro purchased this Bel Air complex for $47 million in September. /SplashNews.com Castro also owns a mansion in the Hollywood Hills, his first mega purchase after hitting the jackpot. 4CRNS, WCP / BACKGROUND NETWORK
Castro also owns a $25 million mansion in the Hollywood Hills, which was “a bargain” because the 31-year-old bought it for $10 million less than the developers’ initial asking price, a source explained.
The property has seven bedrooms and 11 bathrooms, a koi pond and another infinity pool with views of all of Los Angeles.
Castro is still getting used to the spotlight according to sources, who say he has already been targeted by scammers and is cautious about flaunting his wealth in public.
However, Castro has a soft spot for sports cars and has been seen driving a $200,000 Porsche 911 around Los Angeles. However, sources say his favorite remains a vintage green Porsche 911 SC from the 1970s, which is a family heirloom.
Edwin Castro was photographed leaving his home in the Hollywood Hills driving his green 1970s Porsche 911 SC. Sun US/MEGA Powerball winner Castro photographed his meeting with a real estate agent in Los Angeles on December 5, 2023 The US Sun/MEGA yearbook photo of Powerball winner Edwin Castro as a student at Crescent Valley High School in La Crescenta, California.
Sources say Castro remains humble despite his newfound wealth and wants to stay out of the public eye.
Behind the scenes, however, sources tell The Post that he is committed to using his millions to do some good and has made significant donations to numerous local charities.
A source said the family also plans to keep the $2 million home where Castro and his brother grew up, just a few miles from Crescenta Valley High School, where he graduated and was a linebacker on the football team.
Edwin Sr., who works as a manager in the construction industry, and Frances were loving parents who cared for the two boys and took them to soccer practices and Boy Scout meetings. They were “very present parents,” according to a childhood friend who wanted to remain anonymous.
The friend said Castro has always been civic-minded and has frequently volunteered in the community as part of his Eagle Scout duties.
“I’m sure there are a lot of people who are jealous of him, but it couldn’t have happened to a nicer guy,” the friend added.
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Source: vtt.edu.vn