Thoughts/musings from the leading edge of media, entertainment & technology
The tech billionaires are all coming to LA where the next wave of action is… That, and warm weather, lower costs. Los Angeles is becoming a new home for angel investors and tech founders. Some of the most high profile purchases in recent years include Bezos’ $24.5 million Beverly Hills compound. Sean Parker, co-founder of Napster and an early leader at Facebook, purchased Ellen DeGeneres’ Holmby Hills mansion for $55 million. Swedish tech billionaire Markus Persson, the creator of “Minecraft,” topped them both when he spent $70 million for a Beverly Hills mansion fitted with a $200,000 candy room.
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