Uber cofounder Travis Kalanick dropped $43.3 million on a Los Angeles estate with a 7-bedroom mansion and a 7,000-bottle wine cellar. Take a look inside the property.
Katie Warren
- Uber cofounder Travis Kalanick bought a lavish Los Angeles estate for $43.3 million in April, Katherine Clarke reported for The Wall Street Journal.
- It sold for 42% under its original asking price of $75 million.
- The 1.7-acre Bel Air estate includes a 20,000-square-foot mansion, two swimming pools, a 7,000-bottle wine cellar, a guest house, and a tennis court.
- Kalanick, who's worth $2.6 billion, owns another home in Los Angeles and bought a $36 million Manhattan penthouse in September 2019.
- Visit Business Insider's homepage for more stories.
Uber cofounder Travis Kalanick has been revealed as the buyer of a $43.3 million Los Angeles estate that sold last month, Katherine Clarke reported for The Wall Street Journal.
The former Uber CEO bought the estate for about 42% less than last year's asking price of $75 million after a three-year renovation. It was most recently listed for $68 million by Jeff Hyland, Drew Fenton, and Linda May of Hilton & Hyland, and Jade Mills of Coldwell Banker Global Luxury.
Kalanick's new property, known as the Bellagio Estate, sprawls across 1.7 acres in the heart of Bel Air, one of the most coveted areas in Los Angeles. The 20,000-square-foot mansion was built in 1931, designed by celebrated architect Paul Williams, whose homes attracted stars including Frank Sinatra, Lucille Ball, and Cary Grant.
Kalanick, who cofounded Uber in 2009, was the company's CEO until he resigned in 2017 after a series of scandals. At the end of 2019, he resigned from his board position, leaving the company for good.
Take a look inside the tech mogul's new Los Angeles property.
Read the original article on Business InsiderThe grounds also include a tennis court.
The Bellagio Estate is just the latest addition to Kalanick's real-estate portfolio, which includes another home in Los Angeles and a $36 million Manhattan penthouse that he bought in 2019.
There are two swimming pools on the property, as well as a guest house.
Source: Hilton & Hyland
The estate has no shortage of outdoor space for enjoying the Southern California weather.
Source: Hilton & Hyland
Others feature floor-to-ceiling windows to let in the California sunshine.
Source: Hilton & Hyland
The home has multiple common areas, many of which have fireplaces.
Source: Hilton & Hyland
One of the home's standout features is a massive wine cellar that can hold up to 7,000 bottles.
Source: Hilton & Hyland
The gourmet kitchen is outfitted with brass details and a skylight.
Source: Hilton & Hyland
The home has seven bedrooms and nine bathrooms.
The master suite is spread across more than 2,500 square feet.
The 20,000-square-foot mansion was built in 1930 and renovated in 2019.
The original architect was Paul Williams, whose homes attracted stars like Frank Sinatra, Lucille Ball, and Cary Grant.
Last year's renovation was by Don Ziebell of Oz Architects and JRC Construction.
The 1.7-acre property, known as the Bellagio Estate, is located in the wealthy enclave of Bel Air.
The median home price in Bel Air is $6.4 million.
Travis Kalanick, Uber's cofounder and former CEO, is the buyer of a historic $43.3 million Los Angeles estate sold in April, The Wall Street Journal reported.
The former Uber CEO bought the estate for about 42% less than its original asking price of $75 million. It was last listed for $68 million.
Per the Journal, Kalanick bought the property from real-estate investor Christopher Cole, who paid $38 million for the estate in 2015.
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