Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
According to the WSJ, the deal closed last month.
An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN) CEO and co-founder Brian Armstrong. The seller: a corporate entity linked to Japanese entrepreneur Hideki Tomita. (CryptoNews)
Brian Armstrong: Salient features of his new property
- The LA complex was built in 2009
- Located on four contiguous land parcels totaling 4.6 ac (1.9 ha)
- Its total surface spans a 25,600 sq. ft (2,378 sq. m) and it includes a large mansion and a smaller guesthouse.
- The main house, about 19,000 sq. ft, is covered with oak wood, and several glass walls
- Configured with 10 bedrooms and 13 bathrooms
- Property includes a movie theater, a gym, two swimming pools, as well as a full-size tennis court
- Tomita bought the property in 2018 for $85 million
Here are some images of the stunning property.
Images Credit: Screenshots from johnpawson.com
Latest Alternative Investment News
LIVIN Farms, an industrial technology provider in the alternative protein industry, has developed HIVE PRO, a fully automated process that allows waste management companies and large scale food producers to…
Digital Assets: Sam Bankman-Fried’s FTX US Wins Auction For Voyager Digital’s Bankruptcy Assets With $1.4B Bid
West Realm Shires Inc., dba FTX US, has won the bankruptcy auction for the assets of Voyager Digital with a bid of about $1.422 billion. It was held to be…
Clearview AI announced its win of the “Scalable Training Data Preparation Pipeline And Efficient Distributed Trainer For Deep Neural Networks In Facial Recognition” patent (U.S. Patent No. 11,443,553) issued by…
Newday offers portfolios addressing the world’s most pressing environmental and social issues including climate action, ocean health, clean water, diversity, equity and inclusion, wildlife conservation and animal welfare, and stakeholder…