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Laurene Powell Jobs makes record-breaking $70 million San Francisco real estate purchase – despite getting a big discount

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Laurene Powell Jobs makes record-breaking  million San Francisco real estate purchase – despite getting a big discount


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The billionaire widow of Apple guru Steve Jobs has made a record-breaking San Francisco real estate purchase – and she got it for a ‘bargain.’

Laurene Powell Jobs, 60, has just snatched up a slice of luxury in San Francisco’s Pacific Heights neighborhood for $70 million, which she bought for a 30 million discount.

Her purchase makes the philanthropist and founder of Emerson Collective the owner of the most expensive single-family home ever recorded in the city. 

The sellers, Sloan Lindemann Barnett and husband Roger, were initially hoping to pocket a whopping $100 million for their Spanish Renaissance Revival dream home, the Wall Street Journal first reported.

The billionaire widow of Apple guru Steve Jobs has made a record-breaking San Francisco real estate purchase – and she got it for a ‘bargain’

Sloan, daughter of billionaire art collector George L. Lindemann, and her husband Roger, the big boss of health-supplement giant Shaklee, originally bought the pad for a ‘mere’ $33 million back in 2011.

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The property, once dubbed ‘the most beautiful house in America’ by Architectural Digest, is adorned with white onyx walls and views of the Golden Gate.

The mansion was once caught up in a scandal involving looted Cambodian artifacts, with the previous owners having to hand back 33 ancient statues, the San Francisco Chronicle reported. 

Powell Jobs, who has a net worth of 15.3 billion, is no stranger to splurging on expensive real estate.

Laurene Powell Jobs, 60, has just snatched up a slice of luxury in San Francisco¿s Pacific Heights neighborhood for $70 million, which she bought for a 30 million discount

Laurene Powell Jobs, 60, has just snatched up a slice of luxury in San Francisco’s Pacific Heights neighborhood for $70 million, which she bought for a 30 million discount

Powell Jobs, who has a net worth of 15.3 billion, is no stranger to splurging on expensive real estate

Powell Jobs, who has a net worth of 15.3 billion, is no stranger to splurging on expensive real estate

Earlier this year, she dropped $94 million on a Malibu beach pad.

In 2018, Jobs continued her real estate shopping spree with a $16.5million purchase of a stunning San Francisco mansion.

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She purchased the residence in the Russian Hill neighborhood from venture capitalist Danny Rimer.

Rimer paid $12.4million for the home back in 2013. Rimer’s home had been on the market for just a month when Powell Jobs paid cash for it.

In October 2023, the billionaire philanthropist opened her checkbook to help propel President Joe Biden’s reelection effort.

The late tech CEO (left) and his wife Laurene Powell are pictured together in Hollywood in 2010

The late tech CEO (left) and his wife Laurene Powell are pictured together in Hollywood in 2010

Her contribution of $929,600 came just two weeks after DailyMail.com reported that she had not matched her 2020 generosity and was still on the sidelines as the 80-year old Biden faced down grumbling from within his party.

In addition to cutting that check to the Biden Victory Fund, the Emerson Collective founder and wife of the late Steve Jobs gave maximum the $3,300 contributions to Biden’s campaign for the primary and the general election. 

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Her contribution came days before real estate and casino magnate Neil Bluhm, head of JMB Realty, donated the same $929,600 amount.

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San Francisco, CA

San Francisco secures 81-72 win over Portland

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San Francisco secures 81-72 win over Portland


Associated Press

SAN FRANCISCO (AP) — Malik Thomas had 19 points in San Francisco’s 81-72 win against Portland on Thursday.

Thomas shot 5 of 12 from the field, including 2 for 4 from 3-point range, and went 7 for 7 from the line for the Dons (14-4, 4-1 West Coast Conference). Marcus Williams scored 17 points while shooting 8 for 12, including 1 for 4 from beyond the arc and added three steals. Carlton Linguard and Junjie Wang both added 14 points.

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The Pilots (5-13, 0-5) were led by Max Mackinnon, who recorded 28 points and two steals. Austin Rapp added 19 points and eight rebounds for Portland. Chris Austin also had 12 points and six rebounds.

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San Francisco’s next game is Saturday against Santa Clara on the road, and Portland hosts Pacific on Thursday.

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.

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San Francisco, CA

Daniel Lurie wants to pause city hiring — with some caveats

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Daniel Lurie wants to pause city hiring — with some caveats


Newly inaugurated Mayor Daniel Lurie said Thursday he wants to freeze city hiring and new programs — though there are major exemptions and scant details on exactly what departments will be affected. 

In light of a historic budget deficit reaching nearly $900 million, Lurie said the city would pause hiring for new positions, except those that are “historically challenging to staff and that directly support public safety and health.”

Additionally, Lurie told department heads to “realign programming and spending” with core priorities, according to a press release, including freezing new contracts and programs. 

The mayor’s office did not respond to a list of questions from The Standard about which departments would be exempted from the hiring freeze or the criteria for halting programs and contracts. 

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At SF Mayor Lurie’s Chinatown Party, Dancing, Fireworks and a Promise of Unity | KQED

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At SF Mayor Lurie’s Chinatown Party, Dancing, Fireworks and a Promise of Unity | KQED


“As we speak, the San Francisco Police Department and sheriff’s department are rapidly shifting resources and personnel to bring drug dealers to justice and clean up our streets,” Lurie said in his inaugural address Wednesday.

Chinese Americans have long played a critical role in San Francisco politics and the city’s identity as a bastion of progress and compassion, advocating for integrated schools, affordable housing and public safety, especially after the pandemic when anti-Asian hate crimes spiked.

A banner hangs over Grant Avenue welcoming Mayor Lurie at the Chinatown Night Market on Inauguration Day in San Francisco on Jan. 8, 2025. (David M. Barreda/KQED)

It’s also a fast-growing electorate. The Asian population had the highest growth rate of any ethnicity in San Francisco from 2010 to 2020, according to U.S. Census data. Chinese residents account for nearly 22% of the city’s population.

Lurie has already hired several staffers to help him bridge cultural divides, including Han Zhao, a political strategist for Lurie’s campaign who will be the director of public affairs; Paul Yep, a former San Francisco police commander who will be the director of public safety; and Kit Lam, who was the Asian American and Pacific Islander political director for Lurie’s campaign and who was previously an organizer of the school board recall in 2022. He will serve as a press liaison between the mayor’s office and AAPI communities.

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Lurie, founder of the nonprofit Tipping Point and heir to the Levis Strauss clothing fortune, campaigned as a political outsider fed up with dysfunction and corruption in City Hall.

He has never held elected office before, but convinced voters that his background in nonprofit work would position him well to bring new ideas to City Hall. Campaign contributions soared past $62 million, topped by Lurie who raised roughly $16 million — about half of which was self-funded — making his run the most expensive in the city’s history.

Mayor Daniel Lurie addresses supporters inside Far East Cafe, a Cantonese restaurant, during a visit to Chinatown’s Night Market on his Inauguration Day in San Francisco on Jan. 8, 2025. (Gina Castro/KQED)

At Wednesday’s night market, hundreds of residents packed the streets of Chinatown to eat and dance to electronic music by San Francisco-born electronic music producer, Zhu.

“I just got off of work over at Equinox and came because Zhu was performing, but I also came here to support our new Mayor Daniel Lurie,” said Mason Maes, who lives in Noe Valley. “It’s great to see all these residents get together.”

Elizabeth Wang, a Marina resident, came because she was hoping to learn more about Lurie and to have fun with friends.

“I’m just here for the vibes. I can’t say I know much about [Lurie] since he’s new to government,” Wang said. “But having a party here in Chinatown means a lot.”

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Crowds fill Grant Avenue for the Chinatown Night Market on Inauguration Day in San Francisco on Jan. 8, 2025. (David M. Barreda/KQED)

Others at the event, who didn’t vote for Lurie and had skepticism about his wealthy background, said they’re waiting to see what type of change his administration will bring.

“We weren’t Daniel Lurie fans, but we love this city and hope it gets better,” said Tiny Harris, who was chasing her toddler around the market.

She said she voted for Aaron Peskin partly because he opposed sweeps of homeless encampments and supported housing and behavioral health solutions over law enforcement to address street homelessness.

“But out of all the mayoral candidates, we could have done worse, so I’m thankful for that,” Harris said.





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