×
You will be redirected back to your article in seconds

Uber Co-Founder Pays All-Time High Price for $72.5 Million Beverly Hills Estate

Location:
Beverly Hills, Calif.
Price:
$72.5 million

Last week, the stock price of ridesharing mega-app Uber finally closed above the $45 IPO level set back in May, marking a healthy resurgence from the 17% drop posted shortly after the stock’s public debut.

Perhaps it’s just coincidence, but real estate-obsessed Garrett Camp — the multibillionaire tech tycoon who founded Expa and co-founded Uber with the more famous (and more controversial) Travis Kalanick — has seemingly celebrated this stock rebound with his biggest residential splurge to date. And it all went down in the 90210, within the almost impossibly fashionable lower Trousdale Estates neighborhood.

Records reveal that Camp and his longtime partner Eliza Nguyen have ponied up a record-breaking $72.5 million for a brand-new estate. The sale price ranks as the most ever paid for a home in Beverly Hills, handily eclipsing the $70 million that Minecraft creator Markus Persson spent just up the road, a record that had stood since 2014.

Though the new Nguyen-Camp compound was never publicly listed for sale, making available photographs scant at best, the residence had been quietly marketed at $80 million by luxury real estate broker The Agency. Back in April, Rolls Royce Beverly Hills hosted a lavish marketing event at the property, providing a select few monied individuals with a brief glimpse of the home and grounds.

The ultra-contemporary structure sits on a rare street-to-street lot that spans over an acre of land, allowing for a discreet “hidden” entrance to a semi-subterranean car gallery of sorts. Above that is a broad lawn and an expansive zero-edge pool with a Baja shelf for watery sunbathing. Spaces within the main home are best described as celestial and monolithic, with a vaguely Bali-influenced twist. Last sold in 2014 for $13.7 million, the Trousdale property was developed by Mexican investor Mauricio Oberfeld and his construction company Dugally Oberfeld, the same outfit that recently flipped a Malibu megamansion for $70 million to a woman from Hong Kong.

In addition to their new Beverly Hills mega-home, Camp and Nguyen preside over a hefty portfolio of other luxury properties. In L.A., the couple also own two lavish contemporary houses (purchased for a total of $15.6 million) set just above the iconic Sunset Strip. They’ve also got a $3 million penthouse and an $8.5 million Beaux Arts-style mansion up in San Francisco, plus an $8.25 million penthouse in Manhattan’s trendy SoHo neighborhood. And circumstantial evidence also tenuously links them to a mysterious entity that — back in March 2019 — very quietly paid $26.5 million for a historic mansion in San Francisco’s searingly expensive Presidio Heights neighborhood.

TRENDING ON VARIETY:

More Dirt

  • David Kravitz House Topanga

    Snapchat's David Kravitz Goes Off the Grid in Topanga

    Although he’s nowhere near as high-profile as Snapchat CEO Evan Spiegel or even co-founder Bobby Murphy, computer science whiz David Kravitz was Snap, Inc.’s very first employee, according to Business Insider. A Stanford University classmate of Murphy and Spiegel, the Sacramento, Calif. native likewise came into an enormous fortune when the social network went public [...]

  • Awkwafina West Hollywood Condo

    Awkwafina Snags WeHo Townhouse Condo

    Mononymously known up-and-coming showbiz cynosure Awkwafina, whose considerably less funky real name is Nora Lum, has celebrated her blockbuster success in “Crazy Rich Asians” with the almost $2.3 million purchase of a loft-style townhouse condo just off trendy Melrose Avenue in L.A.’s West Hollywood. Obscured in a verdant pandemonium of tropical plantings, the small and secured, [...]

  • Michelle Pfeiffer House

    Michelle Pfeiffer Seeks Big Bucks for Ocean-view Teardown

    Just fifteen months after they scooped it up in a clandestine, off-market deal for $7.7 million, Michelle Pfeiffer and David E. Kelley have flipped a superbly sited teardown residence along a sought after street in Pacific Palisades, Calif., back up for sale at $8.35 million. Listed with Cindy Ambuehl at Compass and marketed at land [...]

  • Trisha Paytas House Studio City

    YouTube's Trisha Paytas Chooses Contemporary Studio City Villa

    After years of living in a rented condo at The Grove’s Palazzo West complex, during which she uploaded countless videos of her near-mythic spats of crying on the kitchen floor, veteran YouTuber Trisha Paytas is packing up her ocean of designer goods and hauling her bedazzled behind out to the San Fernando Valley’s celeb-favored Studio City [...]

  • Joe Jonas Mansion

    Joe Jonas, Sophie Turner Cough Up $14 Million for Brand New Encino Estate

    Pop cynosure Joe Jonas and “Games of Thrones” actor Sophie Turner have celebrated their two 2019 weddings, first in Las Vegas and then again in Paris, France, with the $14.1 million purchase of a snazzy, brand-new mansion tucked into a hilly Encino, Calif., neighborhood in L.A.’s ur-suburban San Fernando Valley that closely resembles the tony, [...]

  • Nick Jonas Priyanka Chopra House Los

    Nick Jonas, Priyanka Chopra Shell Out $20 Million for Brand New Encino Estate

    Newly married pop star turned budding actor Nick Jonas and Indian beauty queen turned international film and television star Priyanka Chopra have splashed out a whopping — and record-shattering — $20 million for a decidedly snazzy mansion tucked into the hilly neighborhood of Encino, Calif., in L.A.’s prototypically suburban San Fernando Valley, as was first [...]

  • Kim Kardashian Kanye West Condo Calabasas

    Kim Kardashian, Kanye West List Brutalist Calabasas Condo

    Though they’ve substantially grown their real estate portfolio with the acquisition of a massive, semi-remote Wyoming ranch and the recent expansion of their Hidden Hills, Calif. main compound, rapper-turned-fashion designer Kanye West and his wife, reality TV supernova-turned-entrepreneur-turned-aspiring lawyer Kim Kardashian West are also looking to divest themselves of their starkly minimalist Calabasas condo, which [...]

More From Our Brands

Access exclusive content