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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

December 19, 2014 at 10:54 AM

Fortune made from Microsoft snatches L.A. manse from Beyonce, Jay-Z

The trickle down effect from Microsoft billionaires continues to benefit Southern California.

 

Images courtesy of BenBacal.com.

Images courtesy of BenBacal.com.

 

First Steve Ballmer dropped $2 billion for the Clippers NBA team.

Then Bill Gates bought a San Diego-area horse ranch from weight-loss queen Jenny Craig for $18 million.

Now Markus Persson — the latest to win the Microsoft lottery — has purchased one of the most outrageous homes in the City of Angels.

Persson is a Swedish game designer who sold “Minecraft” to Microsoft earlier this year for $2.5 billion. He reportedly held 71 percent of the company before the sale.

In other words, Persson made more than the $893 million gross margin on Microsoft’s Xbox hardware business in its 2014 fiscal year.

That enabled him to scoop up a $70 million Beverly Hills mansion that Beyoncé and Jay-Z were reportedly close to buying. The 23,000-square-foot palace with sweeping views across the city to the ocean was finished in September and has been featured in stories about the extreme upper end of the L.A. real estate scene.

It came furnished but the price apparently did not include the Bugatti Veyron parked inside.

Here’s how listing agent Ben Bacal described the place:

Welcome to The Top of Hillcrest, Beverly Hills’ most stunning and cutting edge estate completed in September 2014. From its exquisite design to its breathtaking views, it is an unprecedented multisensory experience from the moment you step foot on this exceptional promontory property.

Persson’s pretty low key but couldn’t resist posting a picture Thursday of his new home’s wall of candy dispensers.

If Persson gets tired of the place, he may be able to sell it to the man who made him rich, Microsoft Chief Executive Satya Nadella. But it will take a few years for Nadella’s $90.8 million hiring package to fully vest.

Here are a few more images of the house provided by Bacal:

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Comments | Topics: Bill Gates, Billionaire techies, Microsoft

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