Wealthy Silicon Valley veteran and Seattle Seahawks owner, Paul Allen, did not enjoy his briefly held Malibu mansion.
After buying the modern, glazed, oceanfront property for $25 million in 2010, the exec flipped the home just recently to CBS president and CEO Les Moonves, earning $3 million on the property.
A source told the New York Post that Allen “hated the sound of the ocean” and barely spent any time there. The situation was perhaps exacerbated by the extensive use of glass in the property.
The exclusive neighbourhood along Carbon Beach has been monikered “Billionaire’s Beach” due it is affluent inhabitants, which include Larry Ellison, Jeffrey Katzenberg and David Geffen. Oracle boss Ellison reportedly owns around 12 properties in the area.
Allen, a high school friend of fellow Microsoft co-founder Bill Gates, has a net worth of $15.8 billion as per the latest Forbes 400 rich list - he is the 26th wealthiest person in America.
The billionaire was also a major investor into SpaceShip-One, the first private aircraft to send a civilian in suborbital space. His own space travel firm, Stratolaunch Systems, is set to launch a test flight at some point in 2016 with what may be the world's widest passenger airplane.