Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
Twitter CEO Jack Dorsey listed his five-bedroom home in Hollywood Hills for $4.495 million just over a year after he bought it, Variety's James McClain reported in August.
Dorsey bought the Hollywood Hills home in August of 2018 for $4.225 million. According to McClain, he bought it for his girlfriend at the time, model Raven Lyn Corneil.
The home, which was also built in 2017, features everything from a master suite with a balcony to an infinity-edge pool and spa.
On September 3, Mansion Global reported that an offer was put on the home. The Agency, the luxury real-estate broker that has the listing, did not immediately respond to Business Insider's request for comment on the reported offer.
Jack Dorsey is the cofounder and CEO of Twitter and small business payments company Square. According to Forbes, he has a current net worth of $4 billion.
In August of 2018, Dorsey bought his then-girlfriend a house in Hollywood Hills, California, for $4.225 million. Now, just over a year later, he has re-listed it for $4.495 million.
Hollywood Hills is a swanky hillside neighborhood in Los Angeles, California, known for its stunning views, ultra-wealthy residents, and high price tags. According to Zillow, as of August 2019, the city's median home value is $1,776,300.
The spacious living area on the main level boasts various indoor seating options. An outdoor terrace is also accessible through the sliding glass doors adjacent to the sofa.
Dorsey's home isn't the only Hollywood Hills home seeking a buyer this year. In September, Business Insider reported that former professional baseball player Alex Rodriguez sold his Hollywood Hills mansion for $4.4 million — roughly $400,000 less than what he reportedly purchased it for.
Alex Rodriguez isn't the only one that was hit with a loss. According to a report by the LA Times, Tinder cofounder Sean Rad re-listed his Hollywood Hills home this year for $9.75 million — $1 million less than the original asking price of $10.9 million.