Frozen foods billionaire Paul Merage put his 11,000-square-foot mansion in Newport Beach’s Newport Coast up for sale for $40 ...

The post Billionaire Hot Pockets Founder Paul Merage Puts His 'Breathtaking' Coastal California Mansion on the Market for $40 ...

It stands two stories high on a third-acre-plus lot with an expansive underground level featuring a wine cellar and tasting room, gym, home spa and garage.

Merage, who was born in Iran, immigrated to the U.S. to attend the University of California, Berkeley, where he earned his BA and MBA. After working for General Foods, he founded his own company ...