Terry Semel | Malibu, $50 Million
For those who are not familiar with the name, Terry Semel was the former chairman and one-time CEO of Yahoo! Incorporated. Before his stint at the search engine firm, he spent 24 years at Warner Bros where he also sat on the executive chair. Semel always played it big when it came to making investments, and his Malibu estate was the same. If you guys didn’t know, he used to own a costly and sophisticated property in Malibu a couple of years ago.
This oceanfront mansion has nine bedrooms and thirteen baths. The breathtaking view of the ocean from the mansion’s floor-to-ceiling windows is also priceless. Semel wanted to sell this estate for $50 million, but reports said that Oracle’s CEO Larry Ellison was able to get the property for around $37 million. Whatever the case may be, the fact of the matter is that the deal became the biggest real estate deal in Malibu that year.