> AI billionaire paid $70 million for a gated estate in California’s Hillsborough, complete with reflecting pondPrevious | First | 1 | Last | Next
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AI billionaire paid $70 million for a gated estate in California’s Hillsborough, complete with reflecting pond
Aug. 6, 2026 2:00 pm ET
THE DEAL: A gated estate in California’s Hillsborough sold for $70 million—double the previous home-sale record for the affluent town, according to the listing agent.
After being shopped off-market late last year, the property outside San Francisco officially hit the market for $88 million in February. Listing agent Jennifer Gilson of Golden Gate Sotheby’s International Realty declined to identify the buyer, who she said works in the artificial-intelligence industry.
The record-setting sum comes as San Francisco’s real-estate market is being fueled by a wave of AI wealth, with buyers rushing to purchase homes ahead of anticipated AI IPOs.
https://www.sothebysrealty.com/eng/sale … h-ca-94010
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