Businesswoman and philanthropist Laureen Powell Jobs has bought a 100-year-old mansion in San Francisco’s Billionaires Row, spending $70 million on the 17,300-square-foot home.
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Laureen Powell Jobs speaking at a Recode event (Source: Recode)
Laureen Powell Jobs speaking at a Recode event (Source: Recode)
Powell Jobs, widow of Steve Jobs, is known for running the Emerson Collective, the Steve Jobs Archive, and also for buying The Atlantic magazine. For herself, she’s reportedly now set a record for buying the most expensive property in San Francisco.
According to The Real Deal real estate publication, Powell Jobs now owns 2840 Broadway Street in the Pacific Heights region of the city. It was a private sale, and despite setting the record, the $70 million she’s paid is significantly under the $100 million price the previous owners wanted.