Friday, March 5, 2021

He's gotta a great big house on the cliffside, 'nother great big house beside it

Back in '88, having side by side swimming pools seemed an absurd example of wretched excess. If only we'd known.



WhatsApp co-founder Jan Koum just grabbed another slice of Malibu shoreline, paying $87 million for an oceanfront home right next to his other one, The Times has confirmed.

The billionaire has been on a Southern California spending spree for the last three years. In 2019, he paid $100 million for the Malibu home of longtime NBCUniversal executive Ron Meyer. A year later he ventured inland, shelling out $125 million for the Beverly Hills mansion of Quibi founder Jeffrey Katzenberg.

The $87-million sale, which was first reported by the Wall Street Journal, is by far the priciest home sale in L.A. County so far this year. The property originally was put on the market last summer for $125 million, The Times previously reported.

 

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