Talk About Over-Spending On A Mega-Mansion

Whopping: At $100m, this huge mansion was the most expensive ever bought in Silicon Valley - and even at its new value of 50m it remains the most expensive mansion sold

Bad Investment Then? Billionaire Russian Tycoons' Silicon Valley Mansion Is Worth HALF Of Its $100M Purchase Price -- Daily Mail

* Russian tech investor Yuri Milner purchased Silicon Valley mansion for $100million in 2009
* French chateau-style home boasts 14 bathrooms and a ballroom

A Silicon Valley home purchased by a wealthy Russian for $100million has now been valued at exactly half of what Yuri Milner paid.

Mr Milner purchased the sprawling French chateau-style mansion last March as a pied-a-terre for times when he was away from his first home in Moscow.

However, a recent valuation of the Los Altos Hills property by the Santa Clara County Assessor's Office found is was worth $50million less than what he paid.

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My Comment: The funny thing is ..... Yuri Milner probably does not care that he paid more than what he should have for this mansion.