WhatsApp Cofounder Jan Koum Reportedly Buys $100M Malibu Estate From NBC Exec Ron Meyer

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The top of the housing market in Los Angeles didn’t get the memo about summer being a slow time for real estate.

The latest hundred million dollar home to change hands is the expansive Malibu spread that WhatsApp co-founder Jan Koum (whom Forbes estimates to have a net worth around $10 billion) is said to have purchased from NBCUniversal executive Ron Meyer, as Variety reported. Kurt Rappaport of Westside agency had the listing and also represented the buyer.

The sale comes approximately a year after Meyer started quietly shopping the home off market and eight months after publicly listing it for sale for $125 million. While the sale has not been publicly recorded, so the final price is not yet confirmed, both Variety and the Wall Street Journal report the sales price to be in the neighborhood of $100 million. It won’t become the record breaker it could have been if it had sold for its asking price, but it still ranks near the very top of home sales for all of California. Meyer purchased the land in 1997 for $5 million and had the home built shortly thereafter, with only a little bit of Hollywood dramatic backstory thrown in.

The Charles Gwathmey-designed home measures 14,000 square feet and comes with a sophisticated California contemporary flair. Hardly any interior pictures were released, but judging by the photos of the outside there are plenty of floor-to-ceiling windows contrasted against a white exterior that blends well with the blues of the sky and ocean. In true contemporary style, a few curved walls add some texture. Here’s a look at the porch overlooking the Pacific.

Privacy is usually paramount for this price tier and this home delivers. It isn’t visible from the street and just look at how tall the hedgerows are along the perimeter of the property.

The bluff top height of the property also adds to the privacy since the beach is down below as you can see from the height of these steps. Plus the very practical stainless steel bathtub for rinsing off the sand before you come back in the house.

When Meyer’s home first went on the market the existing record holder for highest priced sale went to another Malibu estate for $110 million. But that was recently broken by the $119 million sale of The Manor, the Holmby Hills estate mostly known as being custom-built for television producer Aaron Spelling and his wife Candy. Petra Ecclestone, heir to the Eccelstone fortune, was the most recent owner. She had initially listed it for $200 million and lowered the price a few times before settling on $119 million.

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The top of the housing market in Los Angeles didn’t get the memo about summer being a slow time for real estate.

The latest hundred million dollar home to change hands is the expansive Malibu spread that WhatsApp co-founder Jan Koum (whom Forbes estimates to have a net worth around $10 billion) is said to have purchased from NBCUniversal executive Ron Meyer, as Variety reported. Kurt Rappaport of Westside agency had the listing and also represented the buyer.

The sale comes approximately a year after Meyer started quietly shopping the home off market and eight months after publicly listing it for sale for $125 million. While the sale has not been publicly recorded, so the final price is not yet confirmed, both Variety and the Wall Street Journal report the sales price to be in the neighborhood of $100 million. It won’t become the record breaker it could have been if it had sold for its asking price, but it still ranks near the very top of home sales for all of California. Meyer purchased the land in 1997 for $5 million and had the home built shortly thereafter, with only a little bit of Hollywood dramatic backstory thrown in.

The Charles Gwathmey-designed home measures 14,000 square feet and comes with a sophisticated California contemporary flair. Hardly any interior pictures were released, but judging by the photos of the outside there are plenty of floor-to-ceiling windows contrasted against a white exterior that blends well with the blues of the sky and ocean. In true contemporary style, a few curved walls add some texture. Here’s a look at the porch overlooking the Pacific.

Privacy is usually paramount for this price tier and this home delivers. It isn’t visible from the street and just look at how tall the hedgerows are along the perimeter of the property.

The bluff top height of the property also adds to the privacy since the beach is down below as you can see from the height of these steps. Plus the very practical stainless steel bathtub for rinsing off the sand before you come back in the house.

When Meyer’s home first went on the market the existing record holder for highest priced sale went to another Malibu estate for $110 million. But that was recently broken by the $119 million sale of The Manor, the Holmby Hills estate mostly known as being custom-built for television producer Aaron Spelling and his wife Candy. Petra Ecclestone, heir to the Eccelstone fortune, was the most recent owner. She had initially listed it for $200 million and lowered the price a few times before settling on $119 million.