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Old April 2nd, 2011 #1
Mike Parker
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Default "Russian" Billionaire Pays $100 Million for Silicon Valley Mansion

Home Brings $100 Million

By JULIET CHUNG And S. MITRA KALITA


The $100 million sale of a Los Altos Hills, Calif., home shows how some luxury properties are insulated from the U.S. housing slump.

A Russian billionaire investor paid $100 million for a French chateau-style mansion in Silicon Valley, marking the highest known price paid for a single-family home in the U.S.

The purchase of the 25,500-square-foot home in Los Altos Hills, Calif., underscores the strength of some luxury properties in an otherwise depressed housing market.

The buyer, Yuri Milner, 49, who heads Digital Sky Technologies and whose investments include Facebook Inc., Groupon Inc. and Zynga Inc., had no immediate plans to move into the home, said a spokesman.

Mr. Milner is the stocky founder of DST, a Moscow-based fund that's made a splash in Silicon Valley via its investments. Its first in the U.S. was a $200 million check for Facebook in 2009. His primary residence is in Moscow, where he lives with his wife and two children.

The sky seemed to be the limit for Mr. Milner's new house, a symmetrical limestone mansion with San Francisco Bay views that was inspired by 18th-century French chateaux.

The home has indoor and outdoor pools, a ballroom and a wine cellar. The grounds include a tennis court and inside are chandeliers and a frieze around a skylight in the entryway, among other details.

"There wasn't a real budget," said one of the architects, William Hablinski.

Mr. Milner's deal for the home offers a stark contrast to the national real-estate market. Housing data show that prices continue to fall, and economists have forecast further declines between 5% and 10% for much of this year. While the high end has not been immune to deep discounting and distress sales, industry watchers say it has been relatively insulated, Luxury buyers often pay cash, allowing them to bypass tighter lending restrictions.

Sales of homes over the $1 million mark rose nearly 4% in February year over year, according to the National Association of Realtors. That compares to a nearly 8% decline in sales volume for homes priced between $100,000 and $250,000.

"The crummy real estate market is not in the high end. It's only in the lower end and the middle," said Cristina Condon, a real-estate agent at Sotheby's International in Palm Beach, Fla., who was not connected to the Silicon Valley transaction.

On Wednesday, Ms. Condon closed on the highest sale in Palm Beach County since 2008, a $26.4 million oceanfront home.

The sale of the Los Altos Hills home was previously reported by the website TechCrunch. Design plans for the house began in 2001 and the home was completed around 2009, according to Mr. Hablinski, who worked on the project with his then-partner Richard Manion.

Mr. Milner bought the home through a limited-liability company; the home wasn't on the market, according to people familiar with the deal.

Mr. Milner, who studied theoretical physics in Moscow and attended the University of Pennsylvania's Wharton School of Business, began his career in Moscow in the 1990s. By 1999, he had focused on the Internet after dabbling in everything from private equity to a macaroni-and-cheese factory.

The sellers are Fred Chan and his wife, Annie, who declined to comment through a representative. According to published reports, Mr. Chan founded Fremont-based ESS Technology, which designs and markets audio and video products for consumer markets, according to the company website.

They have been involved with condominium developments in Hawaii and have an educational foundation, according to published reports.

The Chans are helping to finance the house, having accepted a $50 million note on the house, according to Loren Goldman of First American Title, who reviewed documents related to the deal. The Chans planned to use the estate as their primary home and traveled to Asia and Europe to acquire specific items for the house, Mr. Hablinski says.

In Hawaii, the Chans own a 5.4-acre oceanfront estate on Oahu for which they were recently asking $80 million; the property, first developed by industrialist Henry Kaiser, is not currently listed.

Few deals are known to that rival this one in size. In 2007, investor Ron Baron paid $103 million in East Hampton, N.Y. for 40 acres of vacant land. In 2008, an investment company linked to Russian fertilizer billionaire Dmitry Rybolovlev paid $95 million for an estate owned by Donald Trump in Palm Beach, Fla.; Mr. Trump had been asking $125 million. Former Global Crossing chairman Gary Winnick around 2000 acquired a Los Angeles estate in the Bel-Air neighborhood in a complex deal involving money and property for more than $90 million.

—Sarah Tilton and Anupreeta Das contributed to this article.
Write to Juliet Chung at [email protected]

http://online.wsj.com/article/SB1000...googlenews_wsj

Yuri Milner

Born 1961 (age 49–50)
Moscow, Soviet Union [1]
Occupation entrepreneur, venture capitalist

Yuri Borisovich (Benitsionovich) Milner[2] (born 11 November 1961[3], Moscow, USSR) is a Russian entrepreneur and venture capitalist. He founded Digital Sky Technologies (DST) and Mail.ru[4]. Through DST, Milner is an investor in Facebook, Zynga, Twitter and Groupon.

Fortune magazine's list of the world's fifty most prominent business people in 2010 placed Milner at 46th place, making him the only Russian in the list[5]. In 2010 Milner was recognized by Russian business magazine Vedomosti as Businessman of the Year.

[edit] Early life and education Yuri Milner was born in a Jewish[citation needed] family on 11 November 1961 in Moscow.

Milner studied theoretical physics at Moscow State University, graduating in 1985. He went on to work at one of the institutes of the Academy of Sciences, in the same department as the future Nobel Prize winner Vitaly Ginzburg.

In 1990 Milner went to America to receive an MBA degree at the Wharton School of Business[6]. Press quoted him as saying that he made this decision after "being disappointed in myself as a physicist."

[edit] Business career From , Milner worked at the World Bank where he was an expert on the Russian banking system in the department of development of the private sector.

In spring 1995, Milner was appointed the CEO of Alliance Menatep, an investment brokerage company in the group of Mikhail Khodorkovsky.

In December 1996 he worked as Vice President and Head of Investment Management of Menatep Bank.

In February 1997, Milner became the deputy chairman and the head of the investment division of Menatep Bank. At the time, the market makers described him as "a well-known professional, who will bring the bank valuable experience in international financial institutions and transactions in the Russian investment market."

From 1997-2000 Milner was Director General of the investment fund New Trinity Investments.

In 1998, Milner once again took over as general director of JSC Alliance Menatep. The same year he became the CEO of the investment fund New Trinity Investments (according to other reports, the post he won in 1997).

During this period, after reading a review by Morgan Stanley analyst Mary Meeker on the prospects for online businesses Milner decided to create an internet company. For investment he turned to his former Menatep colleague Gregory Finger, who at the time led the Russian branch of the U.S. investment fund New Century Holding. The Fund agreed to invest USD 4.5 million with the provision that Milner and Finger also personally invest USD 750 thousand.

In 1999, Milner, Finger and NCH created a new company, NetBridge. In 2000, Milner became the president Netbridzh Services Ltd (netBridge) - the company that was, in the words of Milner "... created as an Internet incubator and investment fund." Netbridge succeeded in transferring a variety of US-pioneered internet business models to Russia, creating companies including the portal List.ru, online auction site Molotok.ru (based on eBay), free web-hosting Boom.ru (based on GeoCities), and online shop 24x7 (using the formula of Amazon.com).

In February 2001, netBridge and Port.ru (which owned Mail.ru) announced a merger. Milner became CEO of the new company named Mail.ru (though the legal name Port.ru has also been retained).

In January 2003, Milner was appointed the Chairman of the Board of the "Management Company Concern Neftyanoy", (owned by Igor Linshitsu).

In 2005, NCH shifted its focus from the Russian Internet projects and Milner founded the investment fund Digital Sky Technologies (DST), becoming its chairman in 2006. A meeting through mutual friends resulted in Alisher Usmanov becoming a shareholder of DST in 2008.

In January 2009, while in Palo Alto, Milner became acquainted with the Facebook founder Mark Zuckerberg. The meeting led to an agreement on 26 May 2009 under which DST bought a 1.96% stake in Facebook for USD 200 million.

In 2009, Milner joined the commission on modernization established by the Russian President Dmitry Medvedev.

On 16 September 2010, Digital Sky Technologies (DST) changed its name to "Mail.ru Group". The group's portfolio included Mail.ru, Odnoklassniki.ru, ICQ, minority stake in the social network "VKontakte" (Russian Facebook equivalent), online payments service OSMP.ru, e-Port, as well as some other Russian assets. Milner's commercial interests in Facebook, Zynga and Groupon were transferred to DST Global. Milner became the CEO of DST Global and the chairman of the board of directors of Mail.ru Group.

In November 2010, Mail.ru Group held its Offering on the London Stock Exchange.

On 29 January 2011, Milner announced that he would invest USD 150 thousand into each of the start-up program participants selected by the incubator Y Combinator.

[edit] Personal life In an interview with Vedomosti in 2010, Yuri Milner said of himself:

"In the past few years I simply do not have time for hobbies. I am even starting to forget what I was fond of. Such as in the past it was reading of literature not related to work."[7].

Yuri_Milner Yuri_Milner

Last edited by Mike Parker; April 3rd, 2011 at 10:49 AM.
 
Old April 2nd, 2011 #2
John in Woodbridge
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He'll be able to pack quite a few shiksas in that monstrosity.
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Old April 2nd, 2011 #3
P.E.
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Could this shitweasel look anymore like Lloyd Blankfein?



Hey. Good for him. The man is hilarious in his arrogance to admit he has no real plans to move in.

Hahahahahahaha.
 
Old April 2nd, 2011 #4
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Meanwhile, beautiful Russian girls are selling themselves as prostitutes to rich multi-nationals in order to afford rent and the basics.

This is the freedom that came to Russia.
 
Old April 2nd, 2011 #5
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Quote:
Originally Posted by Hudson View Post
Meanwhile, beautiful Russian girls are selling themselves as prostitutes to rich multi-nationals in order to afford rent and the basics.

This is the freedom that came to Russia.
Same situation in the U.S. looking at the endless amount of actually high-quality and pretty young white girls who go into either stripping or e-whoring on solo sites or full-out pornography to pay the rent, get through college, whatever. They get fucked by a Jew (or some other scumbag) on camera for all of the non-Jew masses to watch in their degenerate addiction, as that girl gets a few thousand dollars to continue to survive; peanuts to that Jew and his cohorts who turn it into more money from the pocket of mostly non-Jews.

Another reason I'd never run for office in a democracy; the dodo bird white proletariat (yes, dodo, going extinct as fast) would have me crucified faster than Christ when I update the anti-prostitution laws that should've been updated the day mass proliferation of pornography became possible. Weaning the masses off of porn (yes, the masses, I have no doubt the majority of the population abuses it) would take nothing less than an authoritarian rule, as we know how perverted those scumbags in Washington are.

That is a facilitator of nihilism and destroyer of will unlike any other for our male youth, to the same effect as prostitution (but more accessible); not to mention a degradation to our women.

Last edited by P.E.; April 2nd, 2011 at 02:34 PM.
 
Old April 2nd, 2011 #6
Simo Häyhä
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Originally Posted by P.E. View Post
Another reason I'd never run for office in a democracy; the dodo bird white proletariat (yes, dodo, going extinct as fast) would have me crucified faster than Christ when I update the anti-prostitution laws that should've been updated the day mass proliferation of pornography became possible. Weaning the masses off of porn (yes, the masses, I have no doubt the majority of the population abuses it) would take nothing less than an authoritarian rule, as we know how perverted those scumbags in Washington are.

That is a facilitator of nihilism and destroyer of will unlike any other for our male youth, to the same effect as prostitution (but more accessible); not to mention a degradation to our women.
So true; yet just try to put that into effect and watch as the kwan goyim writhe and whine about you persecuting their "freedom" (more like freedumb).

I really don't know what is more fucked up about this whole situation: that people accept it as normal or that they think *this* is freedom.
 
Old April 2nd, 2011 #7
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The hubris of the jew is so great that he'll steal from you and then rub your nose in it.
 
Old April 3rd, 2011 #8
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Quote:
Originally Posted by P.E. View Post
Another reason I'd never run for office in a democracy; the dodo bird white proletariat (yes, dodo, going extinct as fast) would have me crucified faster than Christ when I update the anti-prostitution laws that should've been updated the day mass proliferation of pornography became possible. Weaning the masses off of porn (yes, the masses, I have no doubt the majority of the population abuses it) would take nothing less than an authoritarian rule, as we know how perverted those scumbags in Washington are.
The way I would deal with pornography would be to ban all new production but allow the continued sale of what has already been produced, that way the people will still have their porn but at least no more stupid girls will be defiled in the production of it, there is such a huge stock of pornography that there is no good reason to produce anymore.
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Old April 3rd, 2011 #9
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And, to think, there are still some idiots who think modern day Russia is no longer Jew controlled. They don't have overnight millionaires in Russia, they have overnight billionaires, and nearly all of them are kikes! These aren't kikes with a pedigree either, they didn't come from rich families, they just stole it, right in front of the Russian goys fucking face!
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Old April 3rd, 2011 #10
Thomas de Aynesworth
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High tech factories and facilities were auctioned off in Russia for as little as $1 USD in the early 1990s. How fucked is that? Of course goyim weren't at these auctions.
 
Old April 3rd, 2011 #11
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Gotta hand it to the Chinks, they handled the transition from communism to a market economy far better.

Of course the difference was that the chinks started from the absolute bottom, for the average chink communism meant an ugly grey suit, unpaid slave labour and starvation and not much else, the average Russian on the other hand had it far better, some of them got to buy cars, they got vacations and their apartments were liveable, getting food may have been a hassle but it was there... somewhere.

The Russians transitioned already spoiled and with an attitude, they were used to the state taking care of everything in their lives and they had no work ethic, typical communist workers did the bare minimum to keep out of the gulag, not a bit more.

Another important difference is that Russia is a resource rich country, mineral riches invite corruption and encourage neglect in terms of building human capital, for leaders it’s easier to buy the vote with welfare gifts paid for with mineral wealth rather than encourage hard work, creativity, discipline, learning and long term planning.
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Last edited by Hugo Böse; April 3rd, 2011 at 07:02 PM.
 
Old April 4th, 2011 #12
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Quote:
there is such a huge stock of pornography that there is no good reason to produce anymore.
This explains why jew porn gets sicker and sicker by the day.
 
Old April 4th, 2011 #13
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Quote:
Originally Posted by Mike Parker View Post
The buyer, Yuri Milner, 49, who heads Digital Sky Technologies and whose investments include Facebook Inc., Groupon Inc. and Zynga Inc., had no immediate plans to move into the home, said a spokesman.
Those three names caught my eye as I read this article. High-tech is full of rich Jew CEO's and White and Asian underlings doing all the work.

Here's a little something about how this "Russian" acquired his vast fortune.

Quote:
Zynga, the company behind Facebook games such as FarmVille and Mafia Wars, was built on scams and spyware.
http://www.escapistmagazine.com/news...eing-a-Scammer
 
Old April 5th, 2011 #14
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Those companies you listed don't hire underlings..they employ very few people relative to their astronomical valuations and are extremely selective about who they do hire.

To get a job a GM all you need to do is know how to push a button on an assembly line. no wonder they failed.
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Old April 5th, 2011 #15
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Originally Posted by Mike Parker View Post
I smell money laundering, it’s not unreasonable to suspect that Russia could be a good place to run money laundering operations, it’s quite likely that Russian financial authorities are not the most vigilant in enforcing western anti money laundering laws, particularly when foreigners are involved, curios journalists are also less likely to be a problem because of Russia’s reputation to be dangerous turf for their ilk, and theoretically foreign government agencies only have limited access to information, the Russian state is likely not too friendly towards foreign snooping.

I imagine criminal organizations want to invest and diversify their money in other things than just more contraband, why wouldn’t they want to invest in stocks, bonds, government securities and so on, well, that’s where Mr. Satanstein steps in.

BTW, a house for a 100 million is a piss poor investment, particularly if you don’t plan on living in it.
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Old April 6th, 2011 #16
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Hey, no need to fret, as this woman shows all the dumb goyim how they will live in the near future in little shoeboxes while Jews like the guy in this thread buy up huge estates and land they won't even use.

 
Old April 6th, 2011 #17
Hugo Böse
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The jewesse in that video wrote a book about her grandfather, a holycost suvivah, fucking hell, even the grand kids are trying to cash in on that gd lie.
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Old April 6th, 2011 #18
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The jewesse in that video wrote a book about her grandfather, a holycost suvivah, fucking hell, even the grand kids are trying to cash in on that gd lie.
Yeah. You can see it at 3:18 in the video.

Look at that shit she's writing. This kike cunt is trying to cash in.
 
Old April 8th, 2011 #19
Hugo Böse
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Originally Posted by P.E. View Post
Yeah. You can see it at 3:18 in the video.

Look at that shit she's writing. This kike cunt is trying to cash in.
Yeah, who the fuck wants to read the story of Murray the Polish kike, how many books can she possibly sell? The jewesse certainly doesn’t come across as very smart or talented, but fear not she will get ahead because she wrote down gramp’s colourful fairytales, which earns big time brownie points amongst organized joos, and daddy kike is a big shot lawyer with the right connections, so her future is secure.
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Last edited by Hugo Böse; April 8th, 2011 at 06:34 AM.
 
Old April 8th, 2011 #20
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Quote:
Originally Posted by Hugo Böse View Post
Yeah, who the fuck wants to read the story of Murray the Polish kike, how many books can she possibly sell? The jewesse certainly doesn’t come across as very smart or talented, but fear not she will get ahead because she wrote down gramp’s colourful fairytales, which earns big time brownie points amongst organized joos, and daddy kike is a big shot lawyer with the right connections, so her future is secure.
Jew Jeff Bezos at amazon will give her a helping hand no doubt.

I hear the next kindle will have Nagila Hava as a start-up sound.
 
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ethnic nepotism, high end real estate, jew billionaires, jew wealth, russian jews, silicon valley, yuri milner

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