This is the Woodside, CA home of Richard A. Magnusun and Allison R. Magnuson. Woodside is among the wealthiest communities in the United States. He serves as the Chairman of the Board of Digital Realty Trust, Inc.
Situated at the end of a cul-de-sac in the exclusive mountain home neighborhood of Woodside, California, this elegant, 3-level, tradition home enjoys sweeping views of the Western Hills an extensive private pond. Encompassing 6,211 square feet of living space, the home, built it 1992, sits on 4.37 and has 4 bedrooms and 6 bathrooms. It was purchased for $4,400,000 on October 19, 2001. The current appraised value is $7,190,428.
Richard A. Magnuson has served as Chairman of the Board since the company's inception. Mr. Magnuson is a founder of, and since February 2001 has served as Chief Executive Officer of, GI Partners, an international private equity fund manager which oversees the activities of GI Partners Funds I, II and III. From November 1999 until May 2007, Mr. Magnuson served as Executive Managing Director of CB Richard Ellis Investors, where he formed and managed the investments and activities of GI Partners Fund I. From 1994 through 1999, Mr. Magnuson held various positions with Nomura Securities, most recently as Deputy Managing Director of their London-based Principal Finance Group. From 1989 until 1994, Mr. Magnuson was a director in the Investment Banking division of Merrill Lynch. Mr. Magnuson previously served as a director of Glenborough Realty Trust until its sale and is presently a director of four private companies.
Mr. Magnuson received a Bachelor of Arts degree with honors from Dartmouth College and a Master of Business Administration degree from Stanford University Graduate School of Business.
Category: Homes - Celebrity - Business