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Venture Capitalist Buys California’s Most Expensive Home

It’s in Malibu, and cost $177 million—and that was supposedly a bargain.

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Steve Jennings/Getty

Venture capitalist Marc Andreessen is practically middle-class compared to Jeff Bezos—worth a paltry $1.6 billion. But he outdid the Amazon boss in one area by buying the most expensive home in California’s history, a $177 million Malibu mansion that was being shopped around for $218 million, the Los Angeles Times reported. Bezos set the previous California record last year when he bought a Beverly Hills spread for $165 million. But financier Ken Griffin holds the national record for his $238 million purchase of a New York City penthouse.

Read it at Los Angeles Times

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