Eric Schmidt, the executive chairman of the search engine giant Google, is reported to have just bought a luxurious estate in Los Angeles' Westwood section. A report in the New York Post says that the property cost him a whopping $22 million, a little below its asking price of $24.995 million.
Earlier, the French chateau belonged to the legendary Hollywood actor Gregory Peck's widow Veronique Peck and is located close to Hugh Hefner's Playboy Mansion in the exclusive premises of Holmby Hills.
Ranked 138th richest man in the world in the 2013 Forbes List, Schmidt is estimated to be worth $8.3 billion. He is also expected to get $106 million as bonuses for his performance in 2013. No surprise that Schmidt can afford such luxurious living.
Spread over 1.3 acres, the property is not only vast, but also elegant. Quoting the listing, Zillow.com states that it includes three family bedroom suites, a master suite along with a terrace, an office, fireplace and personal baths, walk-in closets and dressing rooms. The living area itself is over 9,000 square feet.
The living space also includes a chef's kitchen, separate formal dining and breakfast rooms, a guest suite, two maids' rooms, two powder rooms and a laundry.
On the outside, it is a serene setting. The premises include is a vast pool, patio space, manicured gardens, parks and expansive gardens, which provide an excellent provisions for entertaining.
Born on April 7, 1955, Schmidt is a software engineer and businessman, who began his career as an at the Bell Labs. He was Novell's chief executive officer between 1997 and 2001 and served as the CEO of Google from 2001 to 2011. He stepped down from his Google post Jan. 20, 2011, and has been serving as the executive chairman of the company since then.
