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US house sold for 117.5 million dollars to Japanese billionaire sets all-time record

Source : ANI
Last Updated: Sat, Feb 02, 2013 11:20 hrs

A house in Silicon Valley, United States has been sold for 117.5 million US dollars, making it the most expensive house sale in the US ever.

According to reports, the 3.6 hectares property, situated in Woodside, California, has been sold to Japan's Masayoshi Son, with a Forbes-listed net worth of 7.2 billion US dollars, and is believed to be Japan's second richest man, the Sydney Morning Herald reports.

Son is the founder of telecom company Softbank.

The house was sold by Tully Friedman, chief executive of San Francisco private equity firm Friedman, Fleischer and Lowe.

The property was purchased under the name of a company SV Projects LLC, in a manner typical of many private, high-end sales.

The Allan Greenberg-designed house was built in 2005. The 836 sq m neoclassical-style house is typical of many other mega-mansions in the area. (ANI)



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