For $125 Million, Jeffrey Katzenberg Sells To What’sApp Cofounder Jan Koum

Jeffrey Katzenberg offered his $125 million house in an off-market deal (Photograph by Drew Angerer/Getty … [+] Pictures)

Getty Pictures

A home quietly traded fingers final month between Jeffrey Katzenberg, former Dreamworks CEO and now Quibi co-founder, and Jan Koum, cofounder of the messaging platform WhatsApp (which he and fellow cofounder Brian Acton offered to Fb for $19.three billion in 2014), as Selection reported. Katzenberg unloaded his Trousdale Estates custom-built 26,000-square foot house to Koum for $125 million, making it the third highest-priced sale in California historical past. The one two dearer houses are the Jeff Bezos buy of David Geffen’s home for a reported $165 million and Lachlan Murdoch’s $150 million purchase of the Chartwell Property.
Kaztenberg’s property was by no means listed on the market so particulars about its design and decor are sparse. Tax data present he bought the 6.four acre lot in 2009 for $35 million, then had the present home torn down and changed with this 5-bedroom, 13-bathroom U-shaped mansion. The aerial pictures present the mature, privacy-inducing timber and hedges that line the perimeter, together with an extended driveway and what appears to be like like a well-landscaped yard.

Co-founder and CEO of Whatsapp Jan Koum (LLUIS GENE/AFP through Getty Pictures)

AFP through Getty Pictures

Trousdale Estates is one in all Los Angeles’ prime superstar homebuying spots, going all the best way again to the times when Elvis Presley and Frank Sinatra owned houses right here within the 1950s. Within the trendy period’s superstar roll name it has been the house base for large names like Ellen DeGeneres, Jennifer Aniston, Ryan Seacrest, Jane Fonda and Ringo Starr to call just some. Single-family houses right here begin at simply over 1,000,000 , going all the best way as much as the present market topper—a $59 million Paul McClean-designed modern that has come down from its $100 million ask of two years in the past.
Kurt Rappaport of Westside Property Company was the agent for each events.

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