Trousdale goes tech

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Trousdale goes tech
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The Beverly Hills enclave was known for Hollywood names, old and new. But now the tech moguls are moving in.

First came the celebrities: Jennifer Aniston and Courteney Cox moved to Trousdale in the early 2000s, bringing young Hollywood cachet to the Beverly Hills enclave where classic movie stars had long held sway.

for a home down the road from the one Aniston sold to legendary bond investor Bill Gross. The purchase by Camp topped the neighborhood’s $70-million record set by Minecraft creator Markus Persson in 2014.Hollywood stars may have money, but tech biggies are really rich, and they’re usually younger — Camp is 41 and Persson is 40.

It also helped that wealth in tech companies is surging as markets hit new highs. A slew of tech initial public offerings of stock allowed founders and other stakeholders to cash out. Camp sold about $20 million of shares in November, which is just a small fraction of his $2.8-billion fortune, according to the Bloomberg Billionaires Index.Facebook Inc. and Alphabet Inc.’s Google topped the list for the five biggest tech office deals in Los Angeles last year, where almost 1.

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