rediff.com
News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » Russian buys most expensive home in US
This article was first published 12 years ago

Russian buys most expensive home in US

Last updated on: April 1, 2011 16:47 IST

Image: It has indoor and outdoor pools, a home theatre and a wine cellar.
Photographs: Forbes.com

A Russian billionaire has reportedly bought the most expensive single-family home in America for a whopping $100 million.

Yuri Milner, the 49-year-old Russian technology tycoon, purchased the 25,500 square foot property in Los Altos, California, which comes with indoor and outdoor pools, a home theatre and a wine cellar, The Wall Street Journal reported.

...

Russian buys most expensive home in US

Image: Milner has no immediate plan to move into the house.
Photographs: Forbes.com
It also has a ballroom, five bedrooms and nine bathrooms and sits on 11 acres of land. It took eight years to build and was finished in 2009, it said.

However, Milner, who made his money in technology, including Facebook and Groupon and heads the Digital Sky Technologies, has no immediate plans to move into the property for which he paid the "highest known price ever paid for a single-family home in the US", the newspaper said.

...

Russian buys most expensive home in US

Image: Architect says there was no budget for the design.
Photographs: Forbes.com

Milner currently lives in Moscow, with his wife and two children.

The architect William Hablinski told the newspaper that "there wasn't a real budget" when it came to the design.

© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.