Facebook investor buys $100M Silicon Valley home
LOS ALTOS HILLS, Calif. - A Russian billionaire investor has purchased a lavish, 25,500-square-foot mansion in Silicon Valley for $100 million, believed to be the most ever paid for a single-family home in the United States.
The Wall Street Journal reports that 49-year-old Yuri Milner, an investor in Facebook, Groupon and Zynga, has no immediate plans to move into the home.
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Milner is the founder of Digital Sky Technologies, an investment firm he started in 2005.
The mansion purchased by Milner is a French-style chateau set on 18 acres in hills overlooking San Francisco Bay.
The estate has a ballroom, wine cellar, gym, spa and pools inside and outside.
The Journal says the sale price beats the previous high of $95 million in 2008 for an estate in Palm Beach, Fla.