free hit counter script

$117.5 Million Silicon Valley Home bought by Softbank’s Billionaire Founder?

In addition to Yuri Milner Buys $75million Silicon Valley Mansion  which was actually sold for $100,000, there’s a new title holder for the most expensive home sale in the United States ever, located in the same area. $117,5 million is the price paid for the exclusive property in the woodsy and very wealthy heart of Silicon Valley, and according to rumors the buyer in the super-secret transaction is Masayoshi Son, global telecom superstar and Forbes’ 53rd most powerful person.

An estate in the Northern California community of Woodside has sold for $117.5 million

$117.5-million Silicon Valley estate [Photo: Google Maps]

The deal for the massive estate reportedly went down very quietly at the end of 2012 and didn’t catch media attention until just last week when news began to spread quickly through Silicon Valley. People from Forbes couldn’t hire the suprise, suspecting that a “fat finger” typo was behind the astronomically high number gracing public records and wondering how could this property yield a nine-figure windfall when even $85 Million for Historic Silicon Valley Flood Estate has a lower price.

Just what does $117,5 million buy these days in a residential property? The Neoclassical Estate, built in 2005 and designed by Allan Greenberg, with 8,930 sq. ft. of living space (as Stated on Public Record) which sits on 9 acres features 360 degree mountain views, a tennis court, a swimming pool with 1,130 sq.ft. pool house, incredible gardens, one of the San Francisco area’s most prestigious locations and of course, a hilltop setting perfect for taking in Silicon Valley.

The seller was Tully Friedman, chief executive of Friedman, Fleischer and Lowe, a San Francisco private equity firm. The property was purchased in the name of SV Projects LLC.

Beside this most expensive residental real estate in U.S. on record, Son owns nearly 30% of Softbank and serves as its chief executive, who also plans to acquire 70% of Sprint Nextel for $20.1 billion.


View Larger Map

(Visited 98 times, 1 visits today)
$117.5 Million Silicon Valley Home bought by Softbank’s Billionaire Founder? was last modified: February 8th, 2013 by Slamchica
About Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

Leave a Reply