Report: Jeff Bezos Buys L.A. Mansion for $165M

Kurt Schlosser, GeekWire
Kurt Schlosser covers the Geek Life beat for GeekWire. A longtime journalist, photographer and designer, he has worked previously for NBC News, msnbc.com and the Seattle P-I.
Report: Jeff Bezos Buys L.A. Mansion for $165M

Jeff Bezos is the reported buyer of more prime real estate. This time, the Amazon CEO has dropped a record $165 million on a storied estate in Beverly Hills, Calif., according to The Wall Street Journal.

Bezos purchased the property — designed for Warner Bros. president Jack Warner in the 1930s — from media mogul David Geffen, and the price tag eclipses a $150 million residential real estate purchase of a Bel-Air estate last year by Lachlan Murdoch.


The Journal, citing a person familiar with the transaction, reported that Bezos Expeditions, an umbrella company for various Bezos endeavors, also spent $90 million for a nearby plot of undeveloped land from the estate of the late Microsoft co-founder Paul Allen.

The Warner Estate was celebrated as the ultimate studio mogul property in a 1992 feature in Architectural Digest. The 13,600-square-foot Georgian-style mansion sits on nine acres and was said to include "expansive terraces and gardens, two guesthouses, nursery and three hothouses, tennis court, swimming pool, nine-hole golf course and motor court complete with its own service garage and gas pumps."

Geffen bought the property for $47.5 million in 1990 — which was a record then for a Los Angeles area home.

Google Maps Image

The property, which can be seen here, is featured in the book "The Legendary Estates of Beverly Hills" by real estate magnate and architectural historian Jeff Hyland.

"No studio czar's residence, before or since, has ever surpassed in size, grandeur, or sheer glamour than the Jack Warner Estate on Angelo Drive in Benedict Canyon," Hyland wrote.

Bezos' appetite for fancy living spaces has him scooping up properties on both coasts. Last June, the world's richest person was the reported buyer of three condos in New York City valued at $80 million. In 2017, he purchased a mansion in an exclusive Washington, D.C., neighborhood for $23 million and then set out to renovate the place for a reported $12 million.

This story originally appeared on GeekWire.

Subscribe to our newsletter to catch every headline.

Cadence

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

When avatar startup Genies raised $150 million in April, the company released an unusual message to the public: “Farewell.”

The Marina del Rey-based unicorn, which makes cartoon-like avatars for celebrities and aims to “build an avatar for every single person on Earth,” didn’t go under. Rather, Genies announced it would stay quiet for a while to focus on building avatar-creation products.

Genies representatives told dot.LA that the firm is now seeking more creators to try its creation tools for 3D avatars, digital fashion items and virtual experiences. On Thursday, the startup launched a three-week program called DIY Collective, which will mentor and financially support up-and-coming creatives.

Read moreShow less

Here's What To Expect At LA Tech Week

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Here's What To Expect At LA Tech Week

LA Tech Week—a weeklong showcase of the region’s growing startup ecosystem—is coming this August.

The seven-day series of events, from Aug. 15 through Aug. 21, is a chance for the Los Angeles startup community to network, share insights and pitch themselves to investors. It comes a year after hundreds of people gathered for a similar event that allowed the L.A. tech community—often in the shadow of Silicon Valley—to flex its muscles.

From fireside chats with prominent founders to a panel on aerospace, here are some highlights from the roughly 30 events happening during LA Tech Week, including one hosted by dot.LA.

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending