By James McClain After a lengthy spell spent as a renter in Beverly Hills’ fashionable Trousdale Estates enclave, controversial Uber co-founder Travis Kalanick has decided to grow some permanent real estate roots in Los Angeles.
According to the Wall Street Journal, he’s plunked down $43.3 million for a huge home near the mouth of the East Gate Bel Air neighborhood. (Though the property was technically acquired by an LLC, a careful examination of property records reveals plenty of evidence that Kalanick was indeed the buyer.) The seller was Arizona-based real estate tycoon Chris Cole, who picked up the estate in 2014 for $38 million in cash, yet reportedly never moved into the house.
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