WhatsApp Cofounder Jan Koum Reportedly Buys $100M Malibu Estate From NBC Exec Ron Meyer. Also on the three-acre estate is a swimming pool, two guest houses, a tennis court, and a spa house. Ronald Shaw Meyer (February 17, 1941 – December 5, 2017) was an American college and professional football coach. Kurt Rappaport of Westside Estate Agency held the Malibu listing. After a star-studded charity soiree last year — one reportedly attended by the likes of Cindy Crawford, Jennifer Aniston and Barbra Streisand, among others — one loose-lipped partygoer blabbed to the Hollywood Reporter that Meyer had been “giving private home tours” to moneyed attendees throughout the night. "This is like buying one of the most important artworks in the world.". Ron Meyer: The Craps Whale Who Blew $100 Million in Casinos He is best known for having been the head coach of Southern Methodist University, the New England Patriots and Indianapolis Colts. It’s not clear how much he paid for the home, which was listed Wednesday. "There are properties that are priced in this range that have no justification [for the price]," Mr. Rappaport told Mansion Global. A vast entrance gallery features a sculptural “floating” staircase and towering walls of glass, while the double-height dining room sports clerestory-style windows. It has a great room with ocean views, a gourmet kitchen, a state-of-the-art theater, a gym, a home office and a master suite with a two-story paneled library and a gallery, according to the listing. From Penta:Great Escapes: Aruba’s Luxury Renaissance. Get the latest scoop directly in your inbox. TikTok Star Tabitha Brown Buys Lakers Owner’s Northridge Estate, Vice Media’s Shane Smith Seeks $50 Million for the ‘Beverly Hills Cop’ Estate, Billionaire Banker Ken Moelis Drops $21.5 Million on the Malibu House Next Door, Chris Martin, Dakota Johnson Snap Up Ryan Kavanaugh's Former Malibu Home, Marcy Carsey Takes a Loss on the Malibu Sand, Morphe’s Chris Tawil Flips Malibu Colony Beach House at Huge Profit. The house has been known as a hot ticket for Hollywood parties, as Meyer’s personally guided the careers of stars including Barbra Streisand, Tom Cruise, Sylvester Stallone, Meryl Streep and Cher. Ron Meyer, the vice chairman of NBCUniversal, is making things official in Malibu. All property prices are as stated by the listing agent. Early life. The two have been buds for years and when Jolie and Pitt split, Jolie rented a beautiful home on Pt Dume in Malibu, but on Sept. 31, she had to be out. There’s nothing like mixing a little business with pleasure, naturally. Though the transaction has not yet publicly recorded, it’s become widely known that the Malibu mega-compound of former Universal Studios chief Ron Meyer is in escrow with a tech billionaire hailing from Northern California’s famously cash-flush Silicon … But if Silicon Valley gossip is to be believed, the WhatsApp-Facebook marriage has not been a happy union, at least from the perspectives of the former’s founders. A $125 million estate owned by entertainment mogul Ron Meyer is now the most expensive listing in the exclusive beach enclave of Malibu, California—a hotbed of high-end real estate. Ron Meyer, Hollywood’s Mr. Nice Guy From his early days as a superagent to his current reign as NBCUniversal’s vice chairman, Meyer has built a career on relationships. Copyright © 2021 Penske Business Media, LLC. And although the grant deed is not yet officially filed, two unrelated sources have both indicated that the tech billionaire new owner in question will be Jan Koum, the Ukrainian-born co-founder of WhatsApp, an international messaging service founded in 2009 and famously sold to Facebook in early 2014 for an unprecedented $19 billion. 'Ron Meyer is one of the biggest craps players ever. Over the years, the sublimely-located property has hosted numerous galas and seen multitudes of Meyer’s showbiz friends and associates party on its premises. The NBCUniversal vice chairman, 74, acquired the property in 1997, using an eponymous trust, property records show. 14 Oct. ron meyer malibu house address. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. This $125 million estate in Malibu, California just hit the market, Stay up to date with Mansion Global newsletters. FILE - NBCUniversal Vice Chairman Ron Meyer arrives at the premiere of "Good Boys" in Los Angeles Aug. 14, 2019. Even as recession fears continue to plague an increasingly volatile U.S. stock market and high-end real estate transactions grow sluggish, several Los Angeles residential mega-deals have nonetheless been recorded this summer — all neatly in a row. View Ron Meyers’ profile on LinkedIn, the world's largest professional community. Which factors can contribute to higher engagement in my organization? And last month, the pop culture-famous Holmby Hills megamansion known as “The Manor” fetched a Californian record $119.7 million from a still-unidentified foreign buyer, providing further evidence of the ever-widening chasm between the merely well-to-do and the otherworldly rich. The President & COO of Universal Studios lives here. "This really could not be created again. ... Plus the very practical stainless steel bathtub for rinsing off the sand before you come back in the house. Prior to the presidency of Universal, he was president of Creative Artists Agency (CAA), which he formed in 1975 with four other superagents from the William Morris Agency. All Rights reserved. Read full article. NBCUniversal has ousted Universal head Ron Meyer after learning he tried to cover up hush-money payments to actress Charlotte Kirk, a scenario Meyer called an extortion plot. You can't build a house this large in Malibu any more, the architecture is irreplaceable, and nobody on Paradise Cove is selling," Mr. Rappaport said. Hollywood Exec Ron Meyer is ‘Biggest Craps Player Ever,’ Lost Over $100M, Sources Claim. And now, another recession-proof buyer looks to set real estate’s uppermost echelons alight once more. The current record is held by last year’s $110 million sale on Carbon Beach, he said. Completed just before the new millennium’s dawn, the property features a monolithic main house with nearly 14,000 square feet of living space alongside two wee guesthouses. Ronald Meyer or Ron Meyer (born September 25, 1944) is an American entertainment executive and former talent agent. At the far rear of the property, an almost absurdly long and zigzagging staircase leads down the cliff to the frigid Pacific Ocean’s edge. Somewhere inside is also a movie theater and a two-story library. Malibu, California’s Most Expensive Listing is a $125 Million Mansion The 13,000-square-foot beachside house is owned by entertainment mogul Ron Meyer Remarkable sunset views broadly sweep the California coastline as they stretch from Point Dume all the way down to the Palos Verdes Peninsula and Catalina Island on the horizon. He then hired the late, much-acclaimed architect Charles Gwathmey and spent two years and many millions building an immense contemporary compound. DISCLAIMER: The currency conversion is provided for illustration purposes only. Meyer, a Hollywood power player, is leaving the entertainment company. Send us a tip using our anonymous form. In August, L.A. County's high-end market produced another $100-million transaction with the sale of entertainment exec Ron Meyer's Malibu compound. Prior to the presidency of Universal, he was president of Creative Artists Agency (CAA), which he formed in 1975 with four other superagents from the William Morris Agency. But that isn’t the case with this home, he said. Spanning more than 13,000 square feet, the home was designed by the famed late architect Charles Gwathmey, one of the five architects identified as The New York Five. NBCUniversal Vice Chairman Ron Meyer officially lists Malibu estate at $125 million. Get our latest stories in the feed of your favorite networks. Posted at 14:22h in Uncategorized by But if Silicon Valley gossip is to be believed, the WhatsApp-Facebook marriage has not been a happy union, at least from the perspectives of the former’s founders. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. If it sells for its asking price, the contemporary, glass-covered home will set a record in Los Angeles County, according to listing broker Kurt Rappaport of Westside Estate Agency. The acquisition — still easily the largest in Facebook history — made Koum and his business partner Brian Acton overnight multibillionaires. Ron Meyer’s Gambling Debts: “Powerhouse” paints a portrait of Meyer in contrast with the avuncular figure who now is a mature, calming presence at Universal. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. ft., mansion-sized garage that houses a portion of his exotic automobiles. He co-founded Creative Artists Agency in 1975 and later worked at Universal Pictures from 1995 until his resignation in 2020. NBC Universal vice chairman Ron Meyer is about to close on the sale of his Paradise Cove property for around $100 million, according to … As for the $125 million real estate, records show Meyer has owned his soon-to-be former Malibu property for over 20 years — since 1997, when he forked over approximately $5 million to buy the three-acre blufftop parcel from former CAA chief Mike Ovitz. And now, another recession-proof buyer looks to set real estate’s uppermost echelons alight once more. We want to hear from you! More:Jennifer Lopez and Alex Rodriguez List Manhattan Apartment for $17.5M. Though enormous, the blocky complex isn’t out of scale with most neighboring properties — in fact, it lies directly between two other equally massive estates, one owned by multibillionaire Public Storage heiress Tamara Gustavson and the other by Bosnia-born socialite Diana Jenkins. "On every level, this is the best of the best; best location; best property; on the best part of the best beach.". Though the transaction has not yet publicly recorded, it’s become widely known that the Malibu mega-compound of former Universal Studios chief Ron Meyer is in escrow with a tech billionaire hailing from Northern California’s famously cash-flush Silicon Valley, the deal now all but done. He has blown north of $100million in the years of his gambling. Click here to read the full article. (Koum, a noted car buff, owns one of the world’s foremost collections of specialty Porsches and Ferraris.). Some of Koum’s other properties include — but are hardly limited to — a converted warehouse in Burlingame, Calif. that now functions as a high-tech and heavily fortified private garage, an $8.5 million Atherton mini-estate, and a $5.5 million mansion in nearby Hillsborough, Calif. purchased for a close familial relative. James McClain. 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