Friday, August 10, 2012

The Over-the-Top Mansions of Rich Tech Entrepreneurs - Celebrity ...

Thursday, August 9, 2012, by Rob Bear

When Silicon Valley power couple Mark Pincus, the founder of mobile game maker Zynga, and Alison Pincus, co-founder of online shopping destination One King's Lane, listed their two Bay Area homes for sale last year, we knew something big was in the works. After all, Zynga had gone public, Mark was sitting on a pile of cash, and, as One King's Lane makes even more likely, he and Ann probably have a thing for houses. Zynga's stock has since tumbled to well below the IPO price, but that didn't stop the Pincuses from scooping up the very massive, very Old Money mansion at 2950 Pacific Heights in San Francisco for $16M. The 11,500-square-foot, seven-bed, seven-bath spread was built in 1907 for the Newhall family, who owned it for 105 years before passing the title along to Pincus in exchange for his many millions. Hopefully, they weren't paid in stock.

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