Skip to content
Daily News
Bain Capital Has A New $6.7 Billion To Spend In Europe
Scandinavian Airline SAS Wipes Out Shareholders As Part Of Rescue Deal
Published by: dailynews
Published on:

Billionaire Izzy Englander Acquires Paul Allen’s French Villa

Published by: dailynews
Published on:

Late Microsoft Corp. co-founder Paul Allen’s iconic French Riviera villa has been bought by Millennium Management founder Israel Englander, filings seen by Bloomberg show.

The property called Villa Maryland is set in the Saint-Jean-Cap-Ferrat peninsula in the South of France, the country’s most expensive zip code. The selling price isn’t listed in public documents. But local brokers say the property is worth at least €100 million ($105 million).

Overlooking the sea and surrounded by 10 acres of Roman-style terraced gardens, the 18-bedroom villa measures 2,500 square meters (27,000 square feet) and features a cloister supported by red marble pillars, according to the city’s website. It was built in 1904 at the request of Arthur Wilson, a British friend of Edward VII, and hosted receptions attended by Winston Churchill. After its purchase, Paul Allen famously visited the villa during summers from his “Octopus” superyacht.

Read the full story on Bloomberg here.