The Riviera Country Club is a famed golf course located in the affluent Los Angeles neighborhood of Pacific Palisades, California that is home to the annual Northern Trust Open PGA golf tournament. But who actually owns the Riviera Country Club?
When it first opened in 1926, the Riviera Country Club was originally known as the Los Angeles Athletic Club golf course. From the time it was originally opened the Riviera Country Club attracted Hollywood stars like flies to honey and it still attracts Hollywood stars today.
Famous stars who were members of the Riviera Country Club include Humphrey Bogart, Clark Gable, Gregory Peck, Dean Martin, Walt Disney, Mary Pickford, Douglas Fairbanks and Peter Falk. Hollywood stars today who play at Riviera include Mark Wahlberg, Larry David, Samuel L. Jackson, Adam Sandler, Jack Nicholson, Dennis Quaid, and Luke Wilson.
The answer as to who actually owns the Riviera Country Club is Japanese businessman Noboru Watanabe. In 1989, Noboru Watanabe and his father Kaneo Watanabe paid $108 million to the descendants of Frank Garbutt, who founded the Los Angeles Athletic Club in 1926, through their real estate investment company called Marukin Shoji Ltd. And Noboru Watanabe is still the owner of the Riviera Country Club golf course today.