Mohamed Hadid took a major risk with his eye-popping $85 million 30,000 square foot Bel Air mansion and the endeavor has turned out to be a major disaster for the 71 year-old. The mansion is still standing as the judge's demolition deadline of May 4 quickly approaches. Mohamed's dream project has been subject of litigation for many months after several complaints from neighbors and failed safety inspections. The real estate mogul reportedly owes nearly $1.2 million in back taxes on the property and has development company supposedly filed for bankruptcy! What a nightmare!

At least he's got daughter Gigi's pregnancy to be excited about. She and Zayn Malik are reportedly having a girl!