Tuesday, 4 September 2012

The 25 Most Valuable Tech Founders' Homes in America - Business ...

The big shots in the tech world may don a uniform of blue shirts and chinos or hoodies and sneakers, but don't be fooled by their modest appearances: These millionaires and billionaires live large?and they have the homes to prove it.

The tech industry is booming and these entrepreneurs are buying up homes left and right.

In the past 18 months, Zynga CEO and cofounder Mark Pincus purchased a mansion in San Francisco for $16 million; Netscape cofounder Jim Clark purchased a sprawling estate in Southampton for an estimated $49 million; Russian tech investor Yuri Milner purchased a chateau-style mansion in Silicon Valley for a record $100 million; and Oracle CEO Larry Ellison purchased the entire Hawaiian island of Lanai for an estimated $600 million.

We've tracked down the most expensive homes in tech.?To estimate value, we looked at recent sale records and local tax records and assessment values, and we spoke to local realtors and experts at?Zillow?and?Blockshopper.

Source: http://www.businessinsider.com/us-tech-founder-mansions-2012-8

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