Jeff Bezos, CEO of the world’s largest tax evader Amazon, just dropped $165 million on a house in Los Angeles’ Beverly Hills neighborhood. That’s capitalism for you at it’s best.
The Wall Street Journal reported on Wednesday that Bezos had bought the Warner Estate, built by former Warner Bros. President Jack Warner, for $165 million.
The 9.4-acre property includes a 13,600-square foot mansion built in the Georgian style of late 18th-century British aristocrats, as well as a pool and a nine-hole golf course, the outlet noted.
According to the Wall Street Journal, the previous owner was David Geffen, a business magnate and producer who founded several record labels. Geffen bought the house for $47.5 million in 1990 – itself a record house purchase.
The property joins such other recent Bezos buys as a $90 million undeveloped plot of land in Los Angeles once owned by the late Microsoft co-founder Paul Allen, and three apartments in New York that together cost $80 million.
Sputnik / ABC Flash Point News 2020.