x

Jeff Bezos buys estate for $165m

Billionaire Amazon chief Jeff Bezos has purchased a Los Angeles-area estate for $165 million, setting a new record for the region, The Wall Street Journal reported on Wednesday.

Bezos bought the Warner Estate from media mogul David Geffen, according to the Journal.

It said the deal topped a Los Angeles-area home price record set last year when Lachlan Murdoch paid around $150 million for a Bel-Air estate seen in “The Beverly Hillbillies,” a 1960s television show.

The Warner Estate spans nine acres (3.6 hectares) in Beverly Hills. It is a Georgian-style compound with a floor once owned by Napoleon, guest houses, a tennis court, and a nine-hole golf course.

It was originally built in the 1930s by the late Jack Warner, former president of Warner Brothers, the Journal reported.

Bezos, whose worth has been estimated at more than $110 billion, started internet colossus Amazon and is considered the richest person in the world.

Amazon has expanded from its original mission as an online retailer and now is a major force in cloud computing. Its digital assistant Alexa has been incorporated into thousands of consumer products, and the firm operates one of the largest streaming video services

Hot this week

House of Reps Launches Major Probe into 20-Year Port & Airport Concessions

By Oladosu Adebola Oluwaseun...To quiz NUPRC, operators of...

Court Sentences Former NEXIM Bank MD Orya to 490 Years for N2.4bn Fraud

The Federal Capital Territory High Court in Abuja has...

Kano Governor’s Defection to APC Will Strengthen Democratic Values — Mustapha Coach

By Jabiru HassanChairman of the Kano State Youth Association...

Accountability, Not Adulation, Should Guide Hajj Reporting

By Suleiman Bashar AliyuIn any healthy society, journalism serves...

Abia Records Surge in School Enrolment as Education Sector Expands

By Okechukwu Keshi UkegbuThe Abia State education sector is...

NCDMB Pledges Sustained Support for APPO, Africa Energy Bank

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Alleged N738.6m Fraud: Judge Threatens to Revoke Maina’s Bail

By Francis WilfredJustice Abubakar Kutigi of the Federal Capital...

Private Sector Remains Key Driver of Nigeria’s Economy — SGF

By Francis WilfredThe Federal Government has reaffirmed the central...

Kwara massacre: UN, Türkiye condemn killings as Tinubu orders security response

President Bola Tinubu has ordered an expanded security response...

Reps Intervene in Tug-of-War Over $1.2bn Gurara II Dam Project

By Oladosu Adebola OluwaseunThe House of Representatives has...

Reps Committee to Compel CBN, NIRSAL, Banks, NBS Over Agricultural Intervention Probe

By Oladosu Adebola OluwaseunThe House of Representatives Ad-hoc...

NCC, NDPC Sign MoU to Strengthen Data Protection in Nigeria’s Telecom Sector

The Nigerian Communications Commission (NCC) and the Nigerian Data...

Related Articles

Popular Categories

spot_imgspot_img