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$16 Million Home for Zynga CEO
 

Mark Pincus has sold two San Francisco homes and upgraded into a third, according to a WSJ report.


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Mark Pincus, Zynga

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As Zynga's stock continues to slide, the gamemaker's chief executive has apparently found a new place to invest his money.

Mark Pincus has plunked down $16 million on a new 11,500-square-foot mansion in San Francisco's posh Pacific Heights neighborhood, the Wall Street Journal reports

According to the paper, the four-level home comes with Golden Gate Bridge views, seven bedrooms, six fireplaces, an exercise room, wine storage room, a flower arranging room ... and an elevator.

Its previous resident was a philanthropist who lived there till her death at age 97 and then left the property to the Calvary Foundation, which put it on the market for $16.5 million in the spring, according to the Journal.

Pincus sold his previous two San Franciso abodes this year for $1.9 million and $8.2 million, reports the Journal.

IMAGE: Photo courtesy Vince Valdes
Last updated: Aug 3, 2012

CAITLIN BERENS writes about business innovation and entrepreneurs. Before Inc., she worked at Billboard, SELF, and Better Homes and Gardens. She attended Drake University, and lives in Brooklyn, New York.
@CaitlinBerens




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