Uber co-founder Garrett Camp spends $103.25m on luxury Beverly Hills mansion
Next time you’re sitting in an Uber or waiting at home for your dinner to arrive, consider this: one of the co-founders of the ride-sharing app just dropped a whopping $AUD 103.25 million ($US72.5 million) on a new Los Angeles home. And that’s just one of his many houses.
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Garrett Camp reportedly bought the newly-built Beverly Hills mansion “off market” so details and images are scarce, but what is known is that the 40-year-old multi-billionaire tycoon has purchased a 4000sqm property in the exclusive Trousdale Estates.
The home itself has seven bedrooms, a guesthouse, a semisubterranean car gallery and a zero-edge pool with a Baja shelf for in-water sunbathing.
The property last changed hands in 2014 for $AUD 19.51 million, but back then instead of being a modern mansion with the lot, the residence was a more humble one-storey home.
News of the eye-watering deal has come off the back of Uber marking a healthy resurgence from the 17 per cent drop it posted shortly after the stock’s public debut in March.
Records reveal that the ticket price Camp and his longtime partner Eliza Nguyen paid for the glamour pad is the most ever spent on a home in Beverly Hills, eclipsing the $AUD 99.6 million that Minecraft creator Markus Persson spent just up the road in 2014.
Originally Camp’s new home had been marketed at $113.9 million by luxury real estate group The Agency and back in April Rolls Royce Beverly Hills held a lavish marketing event at the address, giving a few cashed up potential buyers a sneak peak of the compound.
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The Camp-Nguyens also have plenty of other luxury homes in their hefty portfolio; including two adjoining Sunset Strip houses purchased for a total of $AUD 22.22 million, a $4.27 million penthouse, a $12.11 million mansion in San Francisco as well as a $11.75 million penthouse in New York’s trendy SoHo neighbourhood.
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There are even real estate rumours naming them as the mystery buyers behind the March sale of a historic mansion in San Francisco worth $37.74 million.
For anyone playing the numbers game, that’s $AUD 186.5 million in property bought from the idea of having strangers share their cars.