Former Uber CEO Travis Kalanick Just Spent $43 Million for the Bellagio Estate
A report published by the Wall Street Journal has revealed that Uber co-founder and former CEO Travis Kalanick has purchased a Bel-Air mansion for a whopping $43 million. The estate was most recently listed for $68 million. Kalanick purchased the property from real estate investor Christopher Cole, who first listed it in October 2019 for a jaw-dropping $75 million.
The massive 1.7-acre property is dubbed as the Bellagio Estate because it’s located at Bellagio Road. With Bel-Air being one of the most coveted locations in Los Angeles, it’s no surprise the property has a huge price tag.
The 20,000 square-foot main house was built in 1930 and was designed by famed architect Paul Williams, whose clientele includes Hollywood icons Lucille Ball, Cary Grant, and Frank Sinatra. It was then renovated in 2019 by JRC Construction and Don Ziebell of Oz Architects.
The luxurious home features a total of 7 bedrooms and 9 bathrooms. The master suite offers ample space with its square footage of 2,500. The suite also has a dual master bathroom and a spacious dressing room.
The house also features a gourmet kitchen decked with brass. Lounging around wouldn’t be a problem in the slightest as there are multiple common areas scattered around the property. Many of them are decorated with fireplaces, while others have floor-to-ceiling windows. Another exciting amenity is the wet bar that has a fireplace and wood walls. There’s also a solarium that can be used as a home office.
A perfect place for entertaining guests is the house’s dining and entertainment area that leads to the outdoor space. There is an abundance of outdoor areas where one can enjoy the Southern California weather. All the common rooms also have access to the grounds.
Other amenities include a pair of swimming pools, a guest house, a fitness center overlooking one of the pools, and a tennis court. However, the most unique feature of the property would probably be the wine cellar, which can accommodate around 7,000 bottles.
The Bellagio Estate is the newest addition to Kalanick’s growing real estate portfolio. He also owns a New York City penthouse apartment that boasts 7,000 square feet of living space. Kalanick, who is worth $2.6 billion, was able to snatch a $36.5 million deal for the home in 2019. The house was still being constructed when he purchased it, but part of the plan is a private roof deck pool.
More in Star Advisor
Selena Gomez Spent $4.9M For This Mega-Mansion Custom-Built By Tom Petty
Singer-actress Selena Gomez has been quite busy these days. She recently dropped her most recent album titled Rare, five years after...April 13, 2020
Here’s How You Can Save Your Retirement Fund From Collapsing as the Stock Market is Crashing
If you retired in 1982, chances are that your savings were divided into stocks and bonds, and if you took out...April 10, 2020
A 7-Step Plan to Keep Your Business Afloat Through the Pandemic—According to a Risk Management Expert
The escalating coronavirus pandemic has been rapidly affecting businesses all over the world. Most have been forced to scale back with...April 7, 2020
Worried You Can’t Pay Rent Amid the Pandemic? This Might Help You Out
Back in February, 28-year-old Ximena Kilroe, together with her husband and a roommate, thought they found the perfect home to rent....April 6, 2020
Let’s See what the Fuss about Jennifer Love Hewitt’s New $6 Million Pacific Palisades Home Is?
Jennifer Love Hewitt just bought a new home in Los Angeles. The home is brand new and is bought at the...April 3, 2020
DJ Khaled’s Over-the-Top Florida Mansion Has a New Owner
It’s a “No Brainer” that American DJ, producer, and record executive DJ Khaled is one of the most over-the-top celebrities right...April 2, 2020
Julia Roberts Sells One of Her Three Malibu Homes for $8 Million
Pretty Woman star Julia Roberts has grown a collection of real estate properties in the same area in California for the...April 1, 2020
Here’s How Coronavirus is Driving Mortgage Interest Cuts
The global pandemic coronavirus has caused a major disruption to the economy, bringing Australia to another recession after almost three decades....March 27, 2020
Should You Use Your Business Credit Card Amid The Coronavirus Pandemic? Here Are 3 Tips to Back You Up
There’s no question that public safety should come first before profit, but this can cost small business owners some serious financial...March 26, 2020