Amazon CEO buys historic Warner Estate for $165 million

Amazon CEO buys historic Warner Estate for $165 million

[ad_1]

Amazon CEO Jeff Bezos, the world’s wealthiest person with homes around the world, is adding to his real estate portfolio. 

Bezos has purchased the historic Warner Estate in Beverly Hills from medial mogul David Geffen for an eye-popping $165 million in what is believed to be a record deal for Los Angeles, the Wall Street Journal reported Thursday.

Geffen purchased the 9.4-acre estate in 1990 for a reported $47.5 million. The legendary estate is also known as the Jack Warner Estate, built by the former head of Warner Bros. Studio in 1937.

The Journal also reported that Bezos bought a plot of land from the estate of Microsoft co-founder Paul Allen for $90 million.

Amazon stock sale:Jeff Bezos sold $1.8 billion worth of Amazon stock as it eclipsed $1 trillion in market value

Trump’s ‘MAGA’ club:Trump crowns Microsoft, Amazon, Google and Apple as trillion-dollar ‘MAGA’ companies

This story is developing and will be updated.

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko



[ad_2]

Source link

Published
Categorized as Top Stories

By Javier Manning

Javier has been in the field of content writing for almost 8 Years as he hails from the Biotechnology background. The edifying articles portray her craving towards language. His keen hobby of reading technological innovations related books or articles has sown the seed of being a well-versed editor with the current scenario of numerous industry verticals. He is one of the valuable assets to this publication. The Industry News Press has awarded him with a senior editors post based on his skillful performance to date.