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Tech Mogul's Mega Real Estate Splurge: Jony Ive's Belvedere Bonanza

a view of a city from the top of a hill

In a jaw-dropping display of tech wealth, design virtuoso Jony Ive just dropped a cool $73 million on four houses in Belvedere - because apparently, one mansion just isn’t enough for Silicon Valley’s elite.

A Playground for the Ultra-Rich

Ive, the British design mastermind behind the iPhone, has apparently decided that Belvedere’s ultra-exclusive waterfront real estate is his new personal playground. The properties, nestled with views of the Golden Gate Bridge, include a massive five-bedroom home with 11 bathrooms - because who needs fewer than 11 bathrooms, right?

Tech’s Real Estate Chess Game

This isn’t just a random purchase. It’s part of a larger trend of tech titans treating real estate like a high-stakes monopoly board. Mark Zuckerberg’s already hoarding houses in Palo Alto, and now Ive’s joining the property collecting club. One of his newly acquired homes was previously rented to a tech CEO who ended up in prison - talk about interesting property history.

What’s Next for Ive?

While the purpose of these properties remains mysterious, rumors are swirling about Ive’s potential hardware projects with OpenAI. After selling his AI startup for a whopping $6.5 billion, he might just be setting up his own personal innovation compound. Smart speakers, AI glasses, or just really expensive empty houses? Only time will tell.

AUTHOR: mls

SOURCE: SF Standard