Entries in Yuri Milner (2)


California Home May Be Second Most Expensive Property Ever Sold

Creatas/Thinkstock(NEW YORK) -- The $117.5 million estate of a financier in Northern California may be the second most expensive property ever sold in the U.S., according to SF Luxe.

SF Luxe reported that financier Tully Friedman, the previous owner, sold the property on Nov. 27, 2012, according to public records.

The four-bedroom home was created by architect Allan Greenberg, and has 360-degree views of the Woodside Mountains. It sits on nine acres and was built in 2005.

If the home was sold for $117.5 million, it would outrank the nearby estate that Russian entrepreneur and venture capitalist Yuri Milner bought for $100 million in 2011, the San Francisco Chronicle reports.

The most expensive estate sold in the U.S. is likely a Montana ranch that was listed for $132 million but sold for an undisclosed price last year to real estate billionaire Stanley Kroenke. He also owns the NBA’s Denver Nuggets, the NHL’s Colorado Avalanche, and the NFL’s St. Louis Rams.

Copyright 2013 ABC News Radio


California Home Sells for a Record $100 Million

Stockbyte/Thinkstock(LOS ALTOS HILLS, Calif.) -- Russian investor Yuri Milner is now the proud owner of a 25,500-square foot palatial mansion in Los Altos Hills, California that went for a whopping $100 million -- the most ever paid for a home in the U.S.

But Milner can surely afford it.  He runs international investment firm Digital Sky Technologies and his investments include Facebook Inc., Groupon Inc. and Zynga Inc.

The home was sold by Fred and Annie Chan.  Fred Chan started ESS Technology, which designs and markets audio and video products for consumer markets.

Reports are that Milner is in no rush to move into the 18th-century French chateau-style home, which features a ballroom, home theater, wine cellar and indoor pool.

Copyright 2011 ABC News Radio

ABC News Radio