Fashion Nova CEO, Richard Saghian reportedly escaped robbery in front of his home in the Hollywood Hills, USA.
However the situation ended in a deadly shooting that left one of the attempted robbers fatally wounded while four others were injured.
In a TMZ report the multi-millionaire was followed into the Hollywood Hills, by three suspects.
The online clothing giant travelled in a Rolls-Royce vehicle, which stopped mid-way, the men jumped out of their vehicle and the shootout occurred, when Saghian’s security guard reportedly rushed outside of the home once gunshots went off.
An unidentified source told TMZ, the Fashion Nova CEO successfully made it into his home when shots began to fire.
Saghian was not injured during the altercation.
The unidentified security guard was shot in the stomach; however, he managed to fatally strike one of the attempted thieves while also striking another suspect leaving the person injured.
Other suspects managed to leave the scene but were caught by LAPD shortly after.
Reports say one suspect who was struck was taken to the hospital for immediate care while the other one was pronounced dead at the location of the shooting.