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Em 15 de setembro de 2022George Ruan hit it big earlier this year when Honey, the electronic coupon-clipping browser extension he co-founded in 2012, was acquired by PayPal for $4 billion in cash in January. Send us a tip using our anonymous form. 1 of a Kind Capital LLC is the private family office of George D Bousis that focuses on venture investing, private equity, and alternative investments across a broad range of asset classes. Mr. George Ruan is a Co-Founder of KarmaKarma. FROM PENTA:Great Escapes: Mauritius Laid-Back Luxury in the Indian Ocean. Ruan Sims's income source is mostly from being a successful . Its been only four months since tech entrepreneur George Ruan, the co-founder and primary force behind electronic coupon-clipping browser extension Honey, and his wife paid $60 million for an unfinished Bel Air estate with 21,000 square feet of living space and 1.2 acres of land. Learn How rich is He in this year and how He spends money? 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Their latest investment was Series A - Breakaway Music Festival on Jun 14, 2023, when Jobs Number of Current Jobs 3 21,000 square feet, 9 bedrooms, 11 bathrooms, Fergie Sells Custom-Built Vineyard Retreat in Solvang, Colin Farrell Goes Off the Grid With Serene Mammoth Lakes Getaway, Real Housewives Alum Dina Manzo Buys $16 Million Montecito Estate, the ongoing Woodbridge settlement proceedings, Longtime LA Home of Late Disney Exec, Hollywood Actress Lists for First Time in 50 Years, Actor/Podcaster Trots 1930s Traditional in Burbank's Equestrian District Off to Market, Organic Modern Treasure in Sierra Madre Seeks $3 Million, Marthas Vineyard Cottage Offers Turn-Key Barbiecore Style, Fashion Designer Pieces Together His Own Personal Santa Barbara Shangri-La, Married Tech Billionaires Invest in Carpinteria Farmland. https://www.barrons.com/articles/honey-co-founder-ryan-hudson-selling-miami-beach-mansion-for-25-5-million-01675264083. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The new 2.3-acre acquisition includes alarge but decoratively dated Mediterranean-style villa set on a knoll behind large gates. Text. Ryan Seacrest is an American radio personality, television host, producer, and entrepreneur who has a net worth of $450 million. George Ruan and Ryan Hudson, the co-founders of Honey Science Corp. pulled in $1.5 billion after completing the $4 billion sale of their firm to PayPal Holdings Inc. South African film star most well known for his portrayal of Remardo in the 2014 adventure film Agent 2000: Die Laksman. Get our latest stories in the feed of your favorite networks. The deal. By E.B. A big Los Angeles estate has catapulted onto the market with a $150 million asking price, a stunning $90 million more than the property fetched just two years ago. Ruan, 40, graduated from the University of California, Irvine in the early aughts. A nearly 21,000-square-foot house in Bel-Air is asking $150 million. The purchase of Honey was PayPal's largest-ever acquisition. The pair, both in their early 40s, have a combined net worth of $1.5 billion. Honey was also profitable on a net-income basis in 2018, according to PayPal. Under Review. He is the CEO of Honey Science Corp. Ryan Hudson, co-founder of online coupon-clipping platform Honey, is flipping a waterfront property in Miami Beach for a potential $10 million profit. The luxurious master suite has dramatic walls of glass opening to the expansive terrace with the best views in LA, complemented by two large closets with marble accents and a serene bathroom setting with a soaking tub. Nice as those features are, it seems obvious Ruan acquired the Korman estate not for the house itself but rather for its valuable land, which directly adjoins his mansion at the end of a hidden cul-de-sac in the upper Bel Air neighborhood. He also tells WSJ that Ruan actually never lived in the house, and is deciding to sell now due to spending more time outside Los Angeles. Specs 20,841 square feet, 9 bedrooms, 14 bathrooms. Show all results. In 2019, Hudson and Ruan sold Honey to PayPal in an all-cash, $4 billion deal, the largest-ever acquisition of a Los Angeles-based tech company. Honey co-founders Ruan, Hudson completed the sale this month, Company helps consumers to automatically apply coupons online, Pickleball Injuries MayCost Americans Nearly $400 Million This Year, According to UBS, Stock Traders Revive AI Bid After Economic Signals: Markets Wrap, The 10 Worst US Airports for Flight Disruptions ThisSummer, China Premier Warns Economic Barriers Will Lead to Confrontation, Epstein Had Extra Sheets for Suicide in Front of Useless Cameras. 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It is the perfect blend of calm relaxation and an entertainment haven, listing agent Shawn Ankari of Ankari Development said. Washington and Lee University Alumni Founded Companies, Robert Gordon University Alumni Founded Companies, The University of Akron Alumni Founded Companies, ThePower Business School Alumni Founded Companies, Martin J. Whitman School of Management Alumni Founded Companies, De La Salle University Alumni Founded Companies, Western US Companies that Exited (Top 10K), St. And during their marriage, in 2012, Hudson and George Ryan co-founded Honey, which grew to become the worlds favorite coupon-clipping online browser extension. The house has unobstructed views of the entire Los Angeles basin from Downtown to the Pacific Ocean to, on a clear day, Catalina Island. All Rights Reserved. Get our picks of API projects and companies to support and celebrate, Gold House is a registered 501(c)(3) nonprofit. In the family room, collapsible glass doors open to a covered loggia, and there are indoor and outdoor fireplaces. Deadline also reports that $335 million of that was an upfront payment. Photo via Eileen Lanza Real Estate/Wikimedia Commons. Photo: PICTOMETRY. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Get the latest scoop directly in your inbox. And there are yet more lavish amenities, including a high-tech LifeSource soft water system for the whole house, a backup generator for power outages and Savant and Lutron home automation systems, which allow the homeowner to remotely control and monitor the propertys lights, sound sytem and security cameras from afar. Alibaba founder Jack Ma is the third richest person in China with a net worth of $38.6 billion. Tomer Fridman and Sally Forster Jones of Compass held the off-market listing; Branden and Rayni Williams of Hilton & Hyland repped the buyers. He also Co-Founded Honey Science where he served as Chief Executive Officer and Board Member. . Janice McGlashan at Coldwell Banker Realty held the listing; Thomas Atamian of Compass repped the buyer. Mr. Hudsons home, located on the Venetian Islands of Miami Beach, was designed in 2018 by architect Max Strang in collaboration with Studio ABM Design. All Rights Reserved. Mr. Hudson co-founded Honey with George Ruan in 2012 and sold the company to PayPal for $4 billion in 2020. Just beyond the attached three-car garage and substantial motorcourt, which themselves are securely guarded by big gates, the front door opens into a double-height foyer with a checkerboard black-and-white-pattern marble floor. Dirt is a part of Penske Media Corporation. Users are notified of price drops and price history on selected items sold by participating online stores. Last year, Mr. Ruan listeda mansion in the Bel Air neighborhoodof Los Angeles for $150 million, more than double what he paid for two years prior. Free year-long public content series to foster education and community for a common mission. This article originally appeared on Mansion Global. And a few months ago, he laid out another $4.1 million for a decidedly idiosyncratic 70-acre ranch in Tujunga, Calif., only about a 15-minute drive from DeFlores new La Caada spread. All told, the elegant home has six bedrooms, six full bathrooms, one three-quarter bath and a powder room in more than 9,600 square feet of light-filled living space. He currently resides in South Africa. We don't have an official number on how much Ryan Reynolds took home . In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. The Ruans contributed $5 million, the amount they believed the . George Ruan, who co-founded the coupon-aggregating browser extension Honey in 2012, has put his nine-bedroom Bel-Air home on the market. The new acquisition beefs up his $78 million compound to total 3.5 acres of prime L.A. hillside, with jetliner views from the Century City skyline across to the Pacific Ocean and Catalina Island on the horizon. That unprecedented mega-deal ranks as the biggest tech acquisition in Los Angeles history, easily eclipsing the $2 billion that Facebook paid for Oculus VR back in 2014. We want to hear from you! All rights reserved. Send us a tip using our anonymous form. The property also features formal gardens, a sunken outdoor lounge area around a fire pit, and a long, gated driveway. July 7, 2022 11:00 am ET. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Sign-up for access to exclusive content from our network of Asian Pacific changemakers. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. Skip In 00 : 02 prev next. Also learn how He earned most of networth at the age of 87 years old? From the backyard, spectacular views sweep the rugged mountains in Angeles National Forest. He co-created the company in October 2012. He reinvested that income into buying more rental property, bumping his net worth to somewhere between $250,000 and $500,000 before flipping them in 2001. This took the media by storm, as it showed just how impressive an investment in a gin company can be for the right people. ft. structure was heavily modified in the 1990s and now includes a master suite with dual baths and dressing rooms. Throughout, it features walls of glass, hardwood flooring, granite countertops and wood cabinetry, among other luxury finishes, listing photos show. George Ruan co-founded the popular browser extension Honey in 2012, which enabled consumers to ensure they had the best price possible by providing easy access to online coupons and participate in a rewards program. After building up the user base to over 17 million monthly active users, Honey was acquired by PayPal for $4 billion. Year 2021. Enough cash, it seems, to put her in the mood for a big residential upgrade. That's the estimated pretax haul for Honey Science Corp. co-founders George Ruan, 40, and Ryan Hudson, 39, following the $4 billion sale of their firm to PayPal Holdings Inc., according to. Honey co-founder George Ruan has been busy, too, paying $60 million for an unfinished mansion in Bel Air (and later buying the $18 million house next door. This copy is for your personal, non-commercial use only. Get the full list, Morningstar Institutional Equity Research. Records show they paid $3 million for that far more modest if still pricey house about three years ago. Following Kormans death, his widow Deborah sold the house in June 2017 amid much publicity for $14 million to buyers who appear to have made few changes to the property in the three years since. There is no shortage of super-luxury homes in Miami Beach, with at least 30 currently being listed for more than $30 million. Real Estate Honey co-founder Ryan Hudson buys sweet digs in Hollywood Hills The Midcentury Modern-style home, designed by Vernon F. Duckett, hit the market last year for the first time in nearly. The tech mogul wants to get $150 million for the. Of course, Ruan was getting a discount when he snagged the property for $60 million, having reportedly purchased it before it was completed, and going on to commission extensive renovations to the home. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Four identical windows drink in the views. Send us a tip using our anonymous form. Since then, PayPals goal is to apply Honeys functionality to PayPal and Venmo products so their consumers would be able to discover deals while making the digital commerce experience more user-friendly. In 2019, Hudson and Ruan sold Honey to PayPal in an all-cash, $4 billion deal, the largest-ever acquisition of a Los Angeles-based tech company. Background Check Background Check Sponsored by Truthfinder Paid Service Search for criminal & traffic records, bankruptcies, assets, associates & more Public Records Sponsored by Spokeo Paid Service George S Ruan, age 61 (310) 638-**** ***** E 130th St, Compton, CA View full report George J Ruan, age 50 To view George Ruans complete investments history, request access, To view George Ruans complete exits history, request access, To view George Ruans complete team members history, request access, Youre viewing 5 of 119 co-investors. Submit a correction suggestion and help us fix it! A flurry of residential purchases in Southern California followed in short order. As of 2023, Ruan Wessels's net worth is $100,000 - $1M. Mr. Hudson listed the 5,501-square-foot residence for $25.5 million earlier this month. Beyond her own scientific expertise, DeFlores is also the former wife of tech tycoon Ryan Hudson. He currently stars on Bravo's television series Million Dollar Listing New York and its spin-off Sell it Like Serhant. Take a look: 2023 Celebrity Net Worth / All Rights Reserved. His still-under construction, ultra-contemporary Bel Air masterpiece was designed by South Africa-based architecture firm SAOTA and includes an infinity pool, formal gardens, and soaring walls of glass. . We unite the Asian Pacific community through inventive public offerings and private memberships. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. George Ruan co-founded the popular browser extension Honey in 2012, which enabled consumers to ensure they had the best price possible by providing easy access to online coupons and participate in a rewards program. Net worth: $1.5B. In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. He continues to run Honey even after the acquisition. Location Bel Air, Los Angeles, Calif. Price $150 million. Dirt is a part of Penske Media Corporation. Between the kitchen and family room are both a casual dining nook and a swanky wet bar with seating of its own. Matt Momberger. Bloomberg Markets Asia. Annual honor for the top Asian Pacific-led films and creatives. The property is located in upper Bel Air. We're reshaping commerce by building the largest Asian Pacific entrepreneurial ecosystem of best-in-class founders and investors. Get our latest stories in the feed of your favorite networks. In October 2012, the MIT-trained entrepreneur, along with co-founder George Ruan, used that prototype to build and launch Honey, a web browser extension that automatically finds and surfaces. Ruan, now in his early 40s, founded Honey in late 2012 and sold the company to PayPal earlier this year for a record $4 billion, L.A.s biggest-ever tech acquisition. Investments seem to pay off for Ryan, who has made a reported $46,000 to $74,000 from his stake in Ryan-Hutter Investment Partnership's gains from Home Depot stock. Theres also a lighted tennis court and a pool/spa combo surrounded by a large spa, while the sizable motorcourt can accommodate two dozen luxury automobiles. Leading fund investing in passionate Asian Pacific entrepreneurs whose companies are transforming industries. Mr. Hudson co-founded Honey with George Ruan in 2012 and sold the company to PayPal for $4 billion in 2020. Entrepreneurs Ryan Hudson and George Ruan founded Honey [1] in November 2012 in Los Angeles, California, after building a prototype of the browser extension in late October 2012. Definitive annual award for the 100 Asian Pacific leaders who most impacted culture and society. He purchased the home through a trust just two years ago for $15.25 million, property records show. But the couple are already expanding property records reveal theyve paid another $18 million for a neighboring property that partially wraps around their existing fiefdom. Dirt is a part of Penske Media Corporation. Out back are resort-style amenities aplenty a bocce ball court,firepit, putting green, infinity-edged swimming pool with inset spa, and a full outdoor kitchen servicing the aforementioned loggia. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. Theres also a cozy and effortlessly chic libary packed with books, real books. So, how much is Ruan Sims worth at the age of 41 years old? Net worth: $1.49B. Her former husband, Ryan Hudson, has been on a real estate tear over the past couple years hes so far bought a $15.8 million Miami Beach mansion and a $3.7 million modern home in the Hollywood Hills. We're rebuilding cultural narratives through authentic and affirming Asian Pacific stories. Lot Size 1.15 acres. The two-story house has four bedrooms, five bathrooms, open living and dining rooms and a study lounge. Ruan, 27, from Brazil D.C. United, since 2022 Right-Back Market value: 2.00m * May 29, 1995 in Rio de Janeiro, Brazil Ruan and his wife Grace recently paid $60 million in CASH for a brand new Bel Air mansion that is still under construction. Preeminent community for Asian Pacific creatives, entrepreneurs, and social impact leaders. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Net Worth in 2023. George Ruan is Managing Partner/Co-Founder at Protagonist Management LLC. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. It's not known how much he spent on those renovations, but they were apparently quite lavish, as the 1.15-acre property is now described in official marketing materials as "the Pinnacle of Luxury." Honey cofounder George Ruan just made a major purchase after selling the company, which he cofounded in 2012. DIRT George Ruan's $60 Million Bel Air Estate. The deal is the biggest tech acquisition in Los Angeles history and knocked the 2014 sale of Oculus VR to Facebook for $2 billion into second place. Personal Investments Number of Investments 8 George Ruan has made 8 investments. We've detected you are on Internet Explorer. Honey made serious inroads into the consciousness of millennials and Gen Z-ers by sponsoring YouTube videos of Shane Dawson, David Dobrik, and members of Dobrik's Vlog Squad. Suite of prestigious accelerating programs and resources for the next generation of creative visionaries. Ruan Shuilong & family. 2023 Dirt.com, LLC. The Ruans are upgrading from their $3 million starter home in Playa Beach, which they bought three years ago. [4] The Pill Club takes on primary care with $41.9M in fresh funding, Honey Co-Founder Buys the $18 Million House Next Door. 2023 PitchBook. Great Escapes: Mauritius Laid-Back Luxury in the Indian Ocean, Miami Beach Mansion Sells for $24.5 MillionAppreciating 48% in Five Years. The all-white primary bathroom has heated floors, a steam shower and built-in soaking tub. Bloomberg Markets Asia. 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See George Ruan's compensation, career history, education, & memberships. The pair, both in their early 40s, have a combined net worth of $1.5 billion after the sale, according to Forbess estimates. This waterfront escape boasts an in-home cinema and private rooftop terrace, as well as a pool deck and outdoor chefs kitchen, idyllic for Miami Beach living year-round, he said. Compass listing agent Aaron Kirman is handling the sale, and he says the price bump represents a large investment in Ruan's part in making the "rarefied property" what it is today. All the cool cats and kittens will be down there filling up at the wet bar, playing on the pool table, watching a movie in the screening area, exploring the wine cellar or working off the calories in the home gym. The Force Is With George Lucas As He Drops $34 Million On Bel Air Mansion, L.A. Reid Lowers Price On Bel Air Mansion To $18 Million. George Chen net worth is $950,000 George Chen Wiki: Salary, Married, Wedding, Spouse, Family George Chen is known for his work on 17 sui de tian kong (2004), Yan guang si she ge wu tuan (2004) and Between Before and After (2004). 2023 Dirt.com, LLC. George Ryan (George Homer Ryan) was born on 24 February, 1934 in Maquoketa, Iowa, USA, is an Actor. After building up the user base to over 17 million monthly active users, Honey was acquired by PayPal for $4 billion. Custom built in 2017 for a local businessman and his wife, the Nantucket Cape Cod mansion sits atop a promontory in the poshest pocket of town. The perennially chic neighborhoods of Beverly Hills and Bel Air again dominated the top 40 list, accounting for more than half the entries and eight of the top 10 sales. She is from . 2023 Celebrity Net Worth / All Rights Reserved. The living area flows from one room to the next and seamlessly into an entertainer's dream for outdoor living This home is the pinnacle of luxury, tucked away in the hills, yet conveniently located moments from the world's most sought-after dining, entertainment and leisure.". The deal is one of the biggest prices ever paid for a La Caada home, and records indicate DeFlores does not have a mortgage on the property. So even though she and Hudson divorced way back in 2015, its not really surprising that a great deal of that PayPal cash appears to have trickled down into the DeFlores coffers. The property, which encompasses approximately a quarter of an acre and is entirely solar-powered, has 60 feet of water frontage with an Ipe wood deck and a boat lift , according to the listing. Mr. George Ruan is a Co-Founder & serves as Managing Partner at Protagonist. But the 21,000 sq. The New Jersey native helped engineer those rovers, and has kept a watchful eye on their findings as they traverse Mars. Early Life Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Total number of current Jobs the person has, Number of news articles that reference the Person. Big tech is taking over our world and the worlds beyond, and few know this better than Lauren DeFlores, PhD. Honey offers its 17 million monthly users deals on a wide variety of eCommerce websites. Europe, Menlo Park, China), Where the person is located (e.g. However, the 21,000-square-foot mansion set on 1.15 acres was designed by the in-demand South African architecture firm SAOTA and is a contemporary home with lots of glass, blocky angles, and an open concept floorplan. Also dominating were business tycoons everyone from Elon Musk, StubHub's Eric Baker and Uber co-founder Travis Kalanick to Honey co-founder George Ruan, Jeffrey Gou, primary heir to Foxconn, the world's biggest . Win whats next. George Ruan, the co-founder of a startup that was recently purchased for . There are four additional bedroom suites upstairs, plus a rooftop balcony and fully-contained guest apartment with its own kitchen. The suite additionally offers dual walk-in closets and a fireplace. To the immediate right of the entryway lies a living room equipped with a fireplace and coffered ceiling, to the immediate left is a chandelier-equipped dining room wrapped in a neutral wallpaper. 12-week accelerator for Asian Pacific founders offering masterclasses, 1:1 advising, and $150,000 investment. Cloud State University Alumni Founded Companies, Kingston University Alumni Founded Companies, University of Arizona Alumni Founded Companies, Number of portfolio companies associated to the Person, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. As his proverbial cup runneth over with cash, Honeys newly-minted tech tycoon has sought investment shelter in L.A.s trusty luxury real estate market. They both became actively involved in real estate dealings. The center hall leads past a curved staircase to the open kitchen, which flaunts marble countertops, top-of-the-line appliances and a butlers pantry. The Ruans are upgrading to Bel Air from their current main residence, a starter home out in L.A.s Playa Vista neighborhood, within the coveted greater Silicon Beach area. Ruan, the chief executive officer, and Hudson received roughly $900 million and $575 million, respectively. Net Worth in 2022. As was first reported by the Wall Street Journal, Ruan and his longtime wife have paid exactly $60 million in cash for a brand-new Bel Air estate thats still unfinished and under construction. The off-market deal means that the exact specs for the future home are limited. Buyer George & Grace Ruan Location Beverly Hills, Calif. Price $17.4 million Year 2019 Architect Tag Front Architects Tenant Diana Jenkins Specs 11,438 square feet, 6 bedrooms, 9.5 bathrooms Lot Size 0.31 acres George Ruan set a new exit record in L.A. in early 2020 when Paypal ponied up $4 billion for his virtual invention: the Honey couponing app. Aug 12, 2019 Activity Excited to get back to the business of building Cameo https://lnkd.in/gb_H4hUx Liked by George Ruan Over the last year, I've been preparing to launch The Rogue Panda,.
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george ruan net worth