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After cashing out $4b+ last week, Bezos is dropped $165m on his new L.A house.

Posted on 2/12/20 at 5:35 pm
Posted by agregime1
Member since Mar 2015
1265 posts
Posted on 2/12/20 at 5:35 pm
Bezos has a lot of money.
Imagine being so rich, you can casually cash out $4.1b

quote:

Bezos sold 2 million shares, worth $4.1 billion, as part of a pre-arranged trading plan between Jan. 31 and Feb. 6, according to regulatory filings. That’s the largest seven-day selldown by any executive tracked by the Bloomberg Billionaires Index, which began in 2012.


quote:

According to The Wall Street Journal, Amazon founder Jeff Bezos has reportedly just bought the most expensive property in Los Angeles from David Geffen, another unimaginably wealthy man, for $165 million. (It’s the Warner Estate, which spreads out over nine acres in Beverly Hills.) That’s a wild amount of money for anything — I mean, aside from a 747? — but especially for a place you might presumably live in. (Bezos spent around $80 million on a few New York apartments earlier this year, so it’s not clear where his five-foot, seven-inch frame will primarily reside.) For context, $165 million is an eighth of a percent of Bezos’ $131.9 billion net worth.


quote:

So, what did JB get for all that cash? Oh, just a 13,600-square-foot mansion with massive terraces and gardens. Of course, there are multiple guest houses, a nursery, greenhouses, a tennis court, a swimming pool, a 9-hole golf course and its own car emporium (fancy for HUGE garage) ... with gas pumps!!!

Geffen's owned it since 1990, and he only spent $47.5 million at the time. Yes, that was a record way back then. Bezos' real estate team has been busy -- he also dropped $90 million for an undeveloped plot of land in L.A., and another $80 mil for 3 apartments in NYC, which total more than 17,000 sq. feet.






Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/12/20 at 5:36 pm to
That’s his weekend home correct? I mean, it’s cute I suppose.
Posted by el Gaucho
He/They
Member since Dec 2010
52865 posts
Posted on 2/12/20 at 5:36 pm to
He still looks like a little nerd
Posted by lsutiger2010
Member since Aug 2008
14790 posts
Posted on 2/12/20 at 5:39 pm to
(no message)
This post was edited on 10/19/21 at 7:56 am
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48230 posts
Posted on 2/12/20 at 5:42 pm to
A Bernie supporter on the poli board earlier suggested that the government should have stormed his house and confiscated the money because nobody should be that rich.
Posted by Jim Rockford
Member since May 2011
98045 posts
Posted on 2/12/20 at 5:43 pm to
Needs to hire some Mexicans to put on a new roof.
Posted by Rize
Spring Texas
Member since Sep 2011
15711 posts
Posted on 2/12/20 at 5:43 pm to
quote:

That’s his weekend home correct? I mean, it’s cute I suppose.


That’s about the size of your Gardner’s home isn’t it?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/12/20 at 5:44 pm to
More or less
Posted by Pandy Fackler
Member since Jun 2018
13852 posts
Posted on 2/12/20 at 5:45 pm to
quote:

Those pictures are very underwhelming for $165 million


That's actually true.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118706 posts
Posted on 2/12/20 at 5:48 pm to
It needs a roof
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118706 posts
Posted on 2/12/20 at 5:49 pm to
quote:

A Bernie supporter on the poli board earlier suggested that the government should have stormed his house and confiscated the money because nobody should be that rich.


That will happen if we elect the leftists. Of course Bezos is one, so maybe he will just donate it.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18249 posts
Posted on 2/12/20 at 5:49 pm to
Could use some landscaping and a new roof
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59402 posts
Posted on 2/12/20 at 5:50 pm to
Tear down and rebuild.


Posted by TigerMeister
North shore
Member since Nov 2009
2387 posts
Posted on 2/12/20 at 5:53 pm to
And he’s probably going to pay a whopping 16% tax on all of that.
Posted by OWLFAN86
The OT has made me richer
Member since Jun 2004
175512 posts
Posted on 2/12/20 at 5:54 pm to
I would kill for that lawn maintenance contract
Posted by Zach Lee To Amp Hill
New Orleans
Member since Mar 2016
4755 posts
Posted on 2/12/20 at 5:57 pm to
quote:

That will happen if we elect the leftists


white knighting for billionaires. how's that boot taste?
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17055 posts
Posted on 2/12/20 at 6:08 pm to
quote:

Needs to hire some Mexicans to put on a new roof.
Under CA law can you legally hire any other Nationality?
Posted by jcaz
Laffy
Member since Aug 2014
15479 posts
Posted on 2/12/20 at 6:13 pm to
I would go start my own country if I had that kind of dough. I mean why the hell not?
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37550 posts
Posted on 2/12/20 at 6:13 pm to
His girlfriend is a plastic surgeons car wreck
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61024 posts
Posted on 2/12/20 at 6:13 pm to
quote:

A Bernie supporter on the poli board earlier suggested that the government should have stormed his house and confiscated the money because nobody should be that rich.


Only Bernie supporters would believe Bezos literally keeps all his money in his house.
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