Powerball winner Edwin Castro’s $6.2M Malibu home destroyed in LA Palisades Fire

Edwin Castro’s Malibu getaway has been destroyed in the horrific Palisades Fire. (Picture: Edwin Castro/X

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Powerball winner Edwin Castro’s multimillion-dollar Malibu getaway has been destroyed in the horrific Palisades Fire, reducing the once-luxurious digs to a pile of ash.

After the deadly fire tore through the area, all that remained of Castro’s $3.8 million ($A6.2 million) home was concrete pillars and smouldering wood, according to Realtor.

The destroyed Malibu abode was one of several Castro purchased after he won the historic $2.04 billion ($A3.3b) prize back in November 2022.

According to reports, the 31-year-old purchased the beachfront property through an LLC in 2023 after hitting the jackpot.

The Palisades Fire — first reported in the Topanga State Park area of LA Tuesday morning — has taken over nearly 20,000 acres in the Pacific Palisades. (Picture: Mario Tama/Getty Images)

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RELATED: Celebrity homes among 1000s to be impacted in California wildfires

Castro’s home along the scenic Pacific Coast Highway wasn’t the only structure destroyed as the vast majority of buildings along Big Rock Beach were also decimated by the blaze.

Big Rock Beach and the Pacific Ocean from the Pacific Coast Highway, once blocked by numerous homes lining the scenic road, are now clearly visible.

After winning the prize, Castro’s huge spending spree began with a secret vacation to Fiji with his friends before he was revealed as the lucky winner.

He opted for the more humble lump sum option of $997.6 million.

He then expanded his vast car collection and purchased at least three separate homes, all in the Los Angeles area.

Wildfire smoke from the Palisades Fire are seen from Pacific Palisades hanging over Malibu amid poor air quality in the region. (Picture: Apu Gomes/Getty Images)

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The Palisades Fire has destroyed over 10,000 structures, including homes of various celebrities (Photo by David Crane/Getty Images)

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Castro’s real estate portfolio combined to an eye-watering $76 million, which included a $25.5 million estate in the Hollywood Hills, a $4 million Japanese-style pad in Altadena for his parents and $47 million for a mansion in Bel Air.

The Palisades Fire — first reported in the Topanga State Park area of LA Tuesday morning — has taken over nearly 20,000 acres in the Pacific Palisades, western Los Angeles and Malibu.

Crews are still working to contain the blaze that has destroyed over 10,000 structures, including homes of various celebrities.

Multiple wildfires fuelled by intense Santa Ana Winds are burning across Los Angeles County. (Picture: Apu Gomes/Getty Images)

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Fierce, hurricane-force Santa Ana winds fuelled the fire that tore through drought-ridden Southern California.

At least 10 fire-related deaths were reported by the Los Angeles County Medical Examiner on Thursday.

As of Saturday, most of the LA wildfires had improved containment, but Palisades – the biggest of them all – was still burning out-of-control.

• Palisades fire now 11% (previously 8%)

• Kenneth Fire now 80% (previously 50%)

• Hurst Fire now 76% (previously 70%)

• Lidia Fire now 98% (previously 75%)

• The Archer Fire remains at 0% containment.

Parts of this story first appeared in Realtor and were republished with permission.