Oleg Zabluda's blog
Thursday, July 05, 2012
 
Yuri Milner bough a mansion in SFBA town Los Altos Hills in 2011 for $100M.
Yuri Milner bough a mansion in SFBA town Los Altos Hills in 2011 for $100M.  In 2012 the Tax Assessor assessed its market value as $50M, cutting the property tax from $1.2M/year to $0.6M/year.

Local offcials are rightfully pissed. It was their money! Tax assessor Stone scheduled a conference call Tuesday with the two local school districts and town officials for explanations.

http://www.mercurynews.com/business/ci_20998327/russian-mogul-yuri-milner-silicon-valley-mansion-worth-half-its-price-100-million  
http://www.mercurynews.com/business/ci_20998327/russian-mogul-yuri-milner-silicon-valley-mansion-worth-half-its-price-100-million

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