FPSS slide image

Welcome to LALATE CELEBRITY NEWS - Your entertainment news site for your favorite celebrities!

Celebrities, music, videos, tv, Hollywood gossip, photos, rumors, and more, right now on lalate.com, breaking and exclusive direct from Hollywood!

FPSS slide image

Ganadora Nuestra Belleza Latina 2013! Quien es la Ganadora de Nuestra Belleza Latina 2013, Results Tonight

Nuestra Belleza Latina en Vivo en Univision Hoy - Plus Audris Rijo Fotos Escandolo y Mas

FPSS slide image

Married to Medicine Quad Webb-Lunceford Arrest Mugshot Photo as Real Name Quadriyyah Monique Webb

Who is Mariah Huq's daughter Lauren's Dad, Toya Battles Drunk Driviing DUI Hit and Run Claim Was Quad's Wedding Called off?

FPSS slide image

Dancing with the Stars 2013 Winner - Who Won Dancing with the Stars Tonight? Dancing with the Stars Results Tonight

Dancing with the Stars 2013 Winner Predictions, Dancing with the Stars Results Tonight, DWTS Winner 2013

House Sale, Fred Chan to Yuri Milner, Sets Mansion Record

Posted: March 31st, 2011 in Celeb Homes by LALATE

House Sale, Fred Chan to Yuri Milner, Sets Mansion Record


LOS ANGELES (LALATE) – The Yuri Milner (Digital Sky Technologies) purchase of the house owned by Fred Chan (ESS Technology) has set a record. Yuri Milner’s price of $100 million is the highest amount ever paid for a single family residence in the U.S., says reports today.

Of note, Ron Baron paid $103 million for a residence in East Hampton, N.Y., but that was 40 acres of vacant land with no single family residence on the property. The Fred Chan house is located in Los Altos Hills near Silicon Valley. It boasts a 25,500 home.

Who were the sellers and buyers? Chan founded ESS Technology which makes audio and video equipment. The Chans will carry at $50 million note on the house. The house was reportedly not publicly listed for sale. In addition to this home, the Chans are trying to also sell a 5.4 acre mansion on Oahu for $80 million.

Milner’s Digital Sky Technologies is a fund that has multiple Silicon Valley investments including a $200 million purchase of Facebook stocks two years ago.

Neither Milner nor Chan has commented about the transaction.


celebrity news celebrities hollywood
Celeb Homes





celebrity news celebrities hollywood  the ringer cw sarah michelle gellar
twitter twitter
twitter

Comment and Contribute:


[Policy Regarding Comments]







celebrity news celebrities hollywood









karina smirnoff playboy photos
danica patrick hot photos
Jessie Lunderby PHOTOS

celebrity news celebrities hollywood







































































About lalate.com | Privacy Policy | Terms of Use | Posting Comments | Staff | Contact Us | Feed | Archives
lalate.com - america's fastest growing celebrity news site
Copyright (c) & TM 1998-2013 lalate.com. All rights reserved.