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Apple's Jony Ive buys a $17M house in San Fran

By Michael Heller

Published: Sep 20, 2012, 12:28 AM

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Apple's Jony Ive buys a $17M house in San Fran

Apple is a hugely profitable company, and Jony Ive is the design genius behind many of its most iconic devices, so it shouldn't be a surprise that he is an extremely profitable man. So much so, that Sir Ive (he has been knighted of course) has purchased a new home in San Francisco for a reported $17 million.

The house is on San Francisco's Gold Coast, and really, we should probably call it a mansion. The mansion is brick and was built in 1927. It's 5 storeys and covers a massive 7,274-square-feet. Taking up that space are 6 bedrooms, 8 1/2 bathrooms, an oak-paneled library, and a total of 6 fireplaces (you know, because San Francisco doesn't have modern conveniences like electric or gas heating). And, just in case that isn't enough, it includes a 2 bedroom, 1 bathroom apartment for staff or guests or whatever.

Some of you may think that right now isn't the right time to be investing in real estate, but Ive actually got a good price on the home, because Ive ended up paying just 68% of the original price of $25 million.

source: WSJ via SlashGear

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Michael Heller is known for his clear and informative articles on mobile technology. He explores important topics such as the rollouts of 5G networks and the advancements in mobile payments, offering readers insights into the evolving tech landscape.