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What does $17.1 million get you in LA?

FromDeeeeep

Blood shot eyes, full red cup, can‘t lose 🐻
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Dec 13, 2012
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That’s what $17 million gets you in Palos Verdes but that is kinda far from the SC campus.

I wonder if that place is for the wife and kids and he gets a condo closer to campus.
 

AUcane

All-ACC
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Nov 2, 2011
Messages
16,755
That’s what $17 million gets you in Palos Verdes but that is kinda far from the SC campus.

I wonder if that place is for the wife and kids and he gets a condo closer to campus.

Yeah, a bit odd. 45 mins means over an hour. I don't know what the real estate looks like near campus but I've never heard of a HC at a big time school being so far from school. MArio, OTOH, wanted to buy a house specifically close to school so he can quickly get to campus, bring recruits over, etc.

I wonder what his net worth is? I’m going to guess around $50 million. Does that sound about right?

So assuming that’s the case, he bought a house that’s 34% of his net worth. That’s tying up a lot of investable money in real estate, I’ve never understood that.

I doubt he's footing the entire bill of the house but I'd be curious.
 
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