Laurene Powell Jobs Sets San Francisco Real Estate Record with $70 Million Mansion Purchase
The billionaire philanthropist acquired the historic Pacific Heights property in an off-market deal, surpassing the city's previous sale record by $26.5 million.
- The mansion, built in 1916 and restored by architect Peter Marino, offers views of the San Francisco Bay and Golden Gate Bridge.
- The property was previously owned by Sloan Lindemann Barnett and Roger Barnett, who purchased it for $33 million in 2011.
- Powell Jobs' recent acquisitions also include a $94 million Malibu estate and a $16.5 million home in Russian Hill.
- The sale highlights the disparity in San Francisco's housing market, where the median listing price is $1.2 million.
- Powell Jobs' net worth is estimated at $11.4 billion, with significant investments in media, sports, and philanthropy.