The denim mogul paid around $5 million for the six-bedroom estate close to two decades ago.
A pair of celebrations attracted art and fashion world luminaries from Ryan Seacrest and Terry Lundgren to Takashi Murakami and Jeff Koons.
The designer showed his latest wares at South Coast Plaza and enjoyed a Beverly Hills dinner hosted by Erica Pelosini and Nathalie Marciano.
A$AP Rocky, rapper and fashion muse, links with the jeans giant on another clothing line called Guess Club and dishes on Gucci, Raf Simons.
Republic Records artist Ariana Grande introduced the new partnership with her “Side to Side” video that debuted on Sunday and prominently featured Guess products.