Participant Media Founder Jeff Skoll Quietly Buys Beverly Hills Fixer-Upper House

When you sell about $2 billion worth of eBay stock, as Canadian-born multibillionaire and former eBay prexy Jeff Skoll did in 2005, you can do things like drop $11 million on a solar-powered Beverly Hills mansion briefly owned in the mid-1990s by David Geffen, and then, as he recently did, surreptitiously spend another $6 million to snatch the fixer-upper house next door.

No word has made it’s way down the property gossip grapevine as to the social-minded, super-producer Skoll’s plans for the property but, at the very least, this property gossip would expect the installation of heavy-duty and state-of-the-art security fortifications.

The deal appears to have gone down off-market, so listing details are not available, but the L.A. County tax man shows the somewhat shabby faux-timbered Tudor sits on just over half an acre, with three bedrooms and three bathrooms in 3,038 square feet. A backyard swimming pool is encircled by flagstone terracing, and has a tree-framed city view over the roof tops of much more significant estates owned by Hollywood heavy- hitters like Tom Cruise, Kevin Huvane and Byron Allen.

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