The Most Stunning Celebrity Houses
Terry Semel – $37 Million, Malibu
When asked where to buy a nice house, most wealthy people will unanimously list Malibu. It, therefore, comes as no surprise that American corporate executive Terry Semel who was CEO and Chairman of Yahoo decided to invest in a classy beach house in Malibu. Terry later sold the place to Larry Ellison, Oracle’s CEO, at $37 million even though it had previously been listed for $50 million. LA Times reports that it was one of the most expensive real estate transactions at the time. Michael Graves was the man behind the design of the house with gorgeous views and exquisite features.
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