Originally posted by MRuss
The Russians are coming!
Sure wish I had been the broker for this one! Imagine the commission! It's a new world for Russia, isn't it? They've re-defined the term "Super
Rich."
"A Russian billionaire investor paid $100 million for a French chateau-style mansion in Silicon Valley, marking the highest known price paid for a
single-family home in the U.S.
The purchase of the 25,500-square-foot home in Los Altos Hills, Calif., underscores the strength of some luxury properties in an otherwise depressed
housing market.
This The buyer, Yuri Milner, 49, who heads Digital Sky Technologies and whose investments include Facebook Inc., Groupon Inc. and Zynga Inc., had no
immediate plans to move into the home, said a spokesman."
Globalization my friends!
Check out the picture:
online.wsj.com...
edit on 1-4-2011 by MRuss because: added words
edit on 1-4-2011 by MRuss because: (no reason given)
edit on
1-4-2011 by MRuss because: (no reason given)
Heh, that place only has 5 bedrooms..... Sucker!