Honey Cofounder Bought $60 Million Mansion After Selling to PayPal As was first reported by the Wall Street Journal, Ruan and his longtime wife have paid exactly $60 million in cash for a brand-new Bel Air estate thats still unfinished and under construction. Here's How Ryan Reynolds Added $610 Million To His Net Worth - TheThings 2023 Celebrity Net Worth / All Rights Reserved. The Force Is With George Lucas As He Drops $34 Million On Bel Air Mansion, L.A. Reid Lowers Price On Bel Air Mansion To $18 Million. Honey co-founder George Ruan has been busy, too, paying $60 million for an unfinished mansion in Bel Air (and later buying the $18 million house next door. Throughout, it features walls of glass, hardwood flooring, granite countertops and wood cabinetry, among other luxury finishes, listing photos show. Honey cofounder George Ruan just made a major purchase after selling the company, which he cofounded in 2012. FROM PENTA:Great Escapes: Mauritius Laid-Back Luxury in the Indian Ocean. A nearly 21,000-square-foot house in Bel-Air is asking $150 million. ft. structure was heavily modified in the 1990s and now includes a master suite with dual baths and dressing rooms. Founded in 2012 by George Ruan and Ryan Hudson, the Los Angeles-based company has been largely been under the . According to Deadline, Aviation was able to be sold for $610 million to Diageo. A big Los Angeles estate has catapulted onto the market with a $150 million asking price, a stunning $90 million more than the property fetched just two years ago. To view George Ruans complete investments history, request access, To view George Ruans complete exits history, request access, To view George Ruans complete team members history, request access, Youre viewing 5 of 119 co-investors. Its been only four months since tech entrepreneur George Ruan, the co-founder and primary force behind electronic coupon-clipping browser extension Honey, and his wife paid $60 million for an unfinished Bel Air estate with 21,000 square feet of living space and 1.2 acres of land. LOCATION: Bel Air, Los . The New Jersey native helped engineer those rovers, and has kept a watchful eye on their findings as they traverse Mars. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Dirt is a part of Penske Media Corporation. Since then, PayPals goal is to apply Honeys functionality to PayPal and Venmo products so their consumers would be able to discover deals while making the digital commerce experience more user-friendly. Ryan Seacrest Net Worth | Celebrity Net Worth He also tells WSJ that Ruan actually never lived in the house, and is deciding to sell now due to spending more time outside Los Angeles. Net Worth in 2023. Under Review. George Ryan - Net Worth June 2023, Salary, Age, Siblings, Bio, Family All Rights Reserved. Plaid Inc. co-founders Zach. The shopping spree includes this house, an ambitious build on an acre-plus hillside lot in Bel-Air, which 251. George Ruan is the co-founder and chief executive officer at Honey. Cloud State University Alumni Founded Companies, Kingston University Alumni Founded Companies, University of Arizona Alumni Founded Companies, Number of portfolio companies associated to the Person, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. Honey Co-Founder George Ruan Lists New Build in Bel Air for $150M 6,603 square feet, 6 bedrooms, 6 bathrooms, Fergie Sells Custom-Built Vineyard Retreat in Solvang, Colin Farrell Goes Off the Grid With Serene Mammoth Lakes Getaway, Real Housewives Alum Dina Manzo Buys $16 Million Montecito Estate, Longtime LA Home of Late Disney Exec, Hollywood Actress Lists for First Time in 50 Years, Wallace Neff-Designed Time Capsule Lists for First Time in Over Five Decades, Glam Hollywood Regency-Style Villa Available in the Hills, Marthas Vineyard Cottage Offers Turn-Key Barbiecore Style, Fashion Designer Pieces Together His Own Personal Santa Barbara Shangri-La, Married Tech Billionaires Invest in Carpinteria Farmland. George Ruan's Instagram, Twitter & Facebook on IDCrawl The Ruans are upgrading from their $3 million starter home in Playa Beach, which they bought three years ago. Introduction As of June 2023, Ryan Serhant's net worth is roughly $40 Million. Built-in window seats, exposed ceiling beams, stone accents and rustic-look hardwood floors add character. Mr. George Ruan is a Co-Founder of KarmaKarma. Washington and Lee University Alumni Founded Companies, Robert Gordon University Alumni Founded Companies, The University of Akron Alumni Founded Companies, ThePower Business School Alumni Founded Companies, Martin J. Whitman School of Management Alumni Founded Companies, De La Salle University Alumni Founded Companies, Western US Companies that Exited (Top 10K), St. Just beyond the attached three-car garage and substantial motorcourt, which themselves are securely guarded by big gates, the front door opens into a double-height foyer with a checkerboard black-and-white-pattern marble floor. Honey Founder Ryan Hudson Built the App to Help Him Find $1 - Insider ), Get our latest stories in the feed of your favorite networks. The chef's kitchen features Miele and Gaggenau appliances, top quality finishes, and honed quartzite countertops. Ruan Sims's income source is mostly from being a successful . From the backyard, spectacular views sweep the rugged mountains in Angeles National Forest. The Ruans contributed $5 million, the amount they believed the . 9,645 square feet, 6 bedrooms, 8.25 bathrooms, Fergie Sells Custom-Built Vineyard Retreat in Solvang, Colin Farrell Goes Off the Grid With Serene Mammoth Lakes Getaway, Real Housewives Alum Dina Manzo Buys $16 Million Montecito Estate, Arctic Monkeys' Matt Helders Lists Chicly Designed Silver Lake Home, Longtime LA Home of Late Disney Exec, Hollywood Actress Lists for First Time in 50 Years, Wallace Neff-Designed Time Capsule Lists for First Time in Over Five Decades, Marthas Vineyard Cottage Offers Turn-Key Barbiecore Style, Fashion Designer Pieces Together His Own Personal Santa Barbara Shangri-La, Married Tech Billionaires Invest in Carpinteria Farmland. Europe, Menlo Park, China), Where the person is located (e.g. Dirt is a part of Penske Media Corporation. George Ruan, co-founder of the money-saving browser extension Honey, bought a $60 million Bel Air home. George Chen net worth is $950,000 George Chen Wiki: Salary, Married, Wedding, Spouse, Family George Chen is known for his work on 17 sui de tian kong (2004), Yan guang si she ge wu tuan (2004) and Between Before and After (2004). Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Annual honor for the top Asian Pacific-led films and creatives. Thats Good, The Ad Industry Has No Intention of Letting AI Ruin the Party, The Bank Robbers Who Are Stealing Their Own Money, The Worlds Empty Office Buildings Have Become a Debt Time Bomb, Uruguay to Provide 500,000 More People With Drinking Water, Asia-Wide Fight for Same-Sex Marriage Faces Hong Kong Court Test, UK Climate Progress Runs Off Track as Target Dates Draw Closer, UK Pension Funds Called On to Review $110 Billion Oil, Gas Stake, New York Citys Elizabeth Street Garden Slated to Become Affordable Housing, A Trump-Era Push to Promote Classical Architecture Is Back, NYC Is Cleared for First-in-US Congestion Tolls as Soon as April, Crypto Laws Needed to Secure UKs Position as Global Leader, FTX Halts Sale of Its $500 Million Stake in AI Startup Anthropic, Nevada Seeks Receivership for Crypto Custodian After Millions Are Lost, China Lures Billionaires Into Race to Catch US in AI, Y Combinators Latest Batch Is 35% AI Startups. This was the largest acquisition of PayPals to date. Source of wealth: chemicals . Net worth: $1.49B. Janice McGlashan at Coldwell Banker Realty held the listing; Thomas Atamian of Compass repped the buyer. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Nice as those features are, it seems obvious Ruan acquired the Korman estate not for the house itself but rather for its valuable land, which directly adjoins his mansion at the end of a hidden cul-de-sac in the upper Bel Air neighborhood. George Bousis - Co-Founder & Managing Partner - LinkedIn Ryan Serhant's Net Worth (Updated 2023) | Wealthy Gorilla . Low-profile tech entrepreneur George Ruan became an overnight billionaire earlier this year when Honey, the electronic coupon-clipping browser extension he co-founded with Ryan Hudson in 2012, was sold to PayPal for $4 billion in cash. But the 21,000 sq. Wealth-X prepared the Pillars of UHNW Prospecting to help . Thumbnails. Marketing and community activations to ensure the successful debut of creative projects. Leading fund investing in passionate Asian Pacific entrepreneurs whose companies are transforming industries. George Ruan, the co-founder of a startup that was recently purchased for . Matt Momberger. The property is located in upper Bel Air. Early Life Users are notified of price drops and price history on selected items sold by participating online stores. Ruan, now in his early 40s, founded Honey in late 2012 and sold the company to PayPal earlier this year for a record $4 billion, L.A.s biggest-ever tech acquisition. George Ruan, who co-founded the coupon-aggregating browser extension Honey in 2012, has put his nine-bedroom Bel-Air home on the market. PayPal Buys Coupon Browser Extension Honey For $4 Billion - Forbes Now, he's looking to double his. Records show they paid $3 million for that far more modest if still pricey house about three years ago. There are four additional bedroom suites upstairs, plus a rooftop balcony and fully-contained guest apartment with its own kitchen. It's not known how much he spent on those renovations, but they were apparently quite lavish, as the 1.15-acre property is now described in official marketing materials as "the Pinnacle of Luxury." This article originally appeared on Mansion Global. He purchased the home through a trust just two years ago for $15.25 million, property records show. Mr. Hudson co-founded Honey with George Ruan in 2012 and sold the company to PayPal for $4 billion in 2020. When a Honey member makes a purchase from select merchants, Honey shares part of its commission with the member in acashback program. All told, the elegant home has six bedrooms, six full bathrooms, one three-quarter bath and a powder room in more than 9,600 square feet of light-filled living space. To most millennials and Gen Z-ers, however, Honey remains likely best-known for its prominent YouTube presence the firm frequently sponsors the videos of mega-successful YouTubers, most notably Shane Dawson, David Dobrik and various members of Dobriks so-called Vlog Squad. The living area flows from one room to the next and seamlessly into an entertainer's dream for outdoor living This home is the pinnacle of luxury, tucked away in the hills, yet conveniently located moments from the world's most sought-after dining, entertainment and leisure.". With 360 degree views, this private compound is an architectural triumph that redefines luxury living. "Sky Garden," the home Ruan purchased for $60 million, is located on one of the. Honey Billionaire George Ryan Buys $60 Million L.A. House - DIRT Mr. George Ruan is a Co-Founder of KarmaKarma. That unprecedented mega-deal ranks as the biggest tech acquisition in Los Angeles history, easily eclipsing the $2 billion that Facebook paid for Oculus VR back in 2014. Ryan Serhant is an American real estate broker, author, and television personality from Houston, Texas. Clipping coupons is no way to amass a modern mega-fortune, but two Los Angeles men who reinvented the practice for the internet age have just reaped about $1.5 billion. Join us. George Ruan is Managing Partner/Co-Founder at Protagonist Management LLC. 2023 Dirt.com, LLC. Lot Size 1.15 acres. Skip In 00 : 02 prev next. See George Ruan's compensation, career history, education, & memberships. Get the latest scoop directly in your inbox. Their latest investment was Series A - Breakaway Music Festival on Jun 14, 2023, when Jobs Number of Current Jobs 3 The house has unobstructed views of the entire Los Angeles basin from Downtown to the Pacific Ocean to, on a clear day, Catalina Island. He currently resides in South Africa. The pair, both in their early 40s, have a combined net worth of $1.5 billion after the . Ruan, 27, from Brazil D.C. United, since 2022 Right-Back Market value: 2.00m * May 29, 1995 in Rio de Janeiro, Brazil Ruan, 40, graduated from the University of California, Irvine in the early aughts. Honey Founder's Ex-Wife Buys $9 Million Los Angeles House - DIRT He currently stars on Bravo's television series Million Dollar Listing New York and its spin-off Sell it Like Serhant. The two-story house has four bedrooms, five bathrooms, open living and dining rooms and a study lounge. This waterfront escape boasts an in-home cinema and private rooftop terrace, as well as a pool deck and outdoor chefs kitchen, idyllic for Miami Beach living year-round, he said. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Send us a tip using our anonymous form. [4] The company also offers a mobile app. Online Coupon King Sells Startup to PayPal for $4 Billion, Buys $60 The futuristic concrete mansion, designed jointly by architecture firms SAOTA and Woods + Dangaran, can be seen in the video below from Kirman's YouTube channel. He also Co-Founded Honey Science where he served as Chief Executive Officer and Board Member. The house has three floors, including a partially subterranean level that runs under the infinity pool in the backyard.
Melrose Teacher Contract,
Kid Trax Bronco Shifter,
Forgive My Transgressions,
Articles G
