Uber’s Garrett Camp Sets Record For Highest Price Paid For His New Beverly Hills Compound

Recently, Uber’s stock started to surge back above the $45 IPO price the ride sharing app debuted at, back in May. That’s good news for Garrett Camp, …

Recently, Uber’s stock started to surge back above the $45 IPO price the ride sharing app debuted at, back in May. That’s good news for Garrett Camp, one of the co-founders of Uber. The stock had fallen off by 17% after its IPO. Camp and his longtime partner Eliza Nguyen celebrated that benchmark by plunking down the most amount of money they’ve spent to date on their vast real estate portfolio. It was also the most money ever spent for a home in Beverly Hills. The couple spent $72.5 million for an estate in the 90210’s trendy lower Trousdale Estates neighborhood.

That’s more than the previous $70 million record set in 2014 by Minecraft creator Markus Persson – whose home is just up the road from Camp’s. The Camp-Nguyen’s new home was never listed for sale publicly, but had been quietly marketed for $80 million by luxury real estate broker The Agency.

Photo via JD Lasica/Wikimedia Commons

The home is uber contemporary (pun intended) and sits on an enormous lot for the neighborhood. The more than acre of land allows the homeowners to have a hidden semi-subterranean entrance to a fancy garage. Above that is a large lawn with an infinity pool and plenty of space for working on that California tan. The house was last sold for $13.7 million in 2014. That’s a jump of $58.8 million in just five years. The home was developed by investor Mauricio Oberfeld and his construction company, Dugally Oberfeld, which recently flipped a Malibu mansion for $70 million to a buyer from Hong Kong.

This is far from being Camp and Nguyen’s only property. It isn’t even their only property in Los Angeles. They also own two luxury contemporary houses above the Sunset Strip purchased for $15.6 million. The couple also owns a $3 million penthouse and $8.5 million Beaux Arts style mansion in San Francisco as well as an $8.25 million penthouse in New York City’s SoHo neighborhood. They are also rumored to own an historic mansion in the insanely expensive San Francisco neighborhood of Presidio Heights. The couple is believed to have dropped $26.5 million for this home in March.

Garrett Camp has a net worth of $3.4 billion. There’s no word on whether this newest, and priciest, home will be Camp and Nguyen’s primary residence.

Related Posts:

  • No Related Posts

Elon Musk Fires Back At Pablo Escobar Family In Flamethrower War

Elon Musk is on the hot seat again. It’s another Thursday. This time the Tesla, SpaceX, and Boring Company founder is in trouble with the Escobar …

Elon Musk is on the hot seat again. It’s another Thursday. This time the Tesla, SpaceX, and Boring Company founder is in trouble with the Escobar family. Yes, that Escobar family.

Pablo Escobar’s brother, Roberto De Jesus Escobar Gaviria, is apparently very unhappy with Musk for allegedly stealing his idea for The Boring Company’s Not A Flamethrower product.

TMZ reported that the Colombian drug kingpin’s brother, Roberto Escobar, is considering a lawsuit. Escobar thinks he may have a case of intellectual property theft against Musk.

It might be prudent to settle with Mr. Escobar. Musk should probably settle with him out of court before Pablo Escobar’s literal brother tries to make him an offer he cannot refuse.

elon musk flamethrower pablo escobar
Pablo Escobar getting his photo taken in front of the White House while being a wanted crime lord is the level of you-know-whats I aspire not to give. | Source: Iconic Historical Photos

Elon Musk Fires Back

But instead of a conciliatory note on Twitter, Elon tweeted the TMZ story with a response characteristic of Musk’s own characteristically massive cojones:

“It’s not a flamethrower, Mr. Escobar.”

It’s Not a Flamethrower, Mr Escobar https://t.co/TXH02nixIc

— Elon Musk (@elonmusk) July 11, 2019

Elon ain’t afraid of nobody. Not the LA City council. Not NASA. Not the SEC. Not Big Oil. And not even the brother of the world’s most notorious drug kingpin and narcoterrorist.

Escobar’s Netflix Run-In

But maybe Elon should be afraid this time. Escobar reportedly threatened Netflix in 2017. He demanded $1 billion in payment for the streaming entertainment service company’s use of his brother’s likeness for its Narcos television series.

Escobar also encouraged the Los Gatos-based tech and production company to hire hitmen for security. That was after a Narcos location scout was shot dead:

“I don’t want Netflix or any other film production company to film any movies in Medellin or Colombia that relates to me or my brother Pablo without authorization from Escobar Inc. It is very dangerous. Especially without our blessing. This is my country.”

He also did not mince words about the Silicon Valley industry as a whole:

“I don’t play around with these people in Silicon Valley. They have their phones and nice products. But they don’t know life and would never dare to survive in the jungle of Medellin or Colombia. I have done that.”

Reportedly, Roberto Escobar alleges a Boring Company engineer visited the Escobar family compound in mid-2017. They showed the engineer their toy flamethrower, fashioned out of a propane torch. (Apparently burning cash is one of the family’s favorite past times. Keep your eyes peeled for this on the Gram now that this story’s out.)

The following year, The Boring Company’s Not A Flamethrower debuted and 20,000 sold out in just a few days, filling the company’s coffers with over $10 million. The Escobars just launched their flamethrower, which has essentially the same design and retails for $500.

It’s Really Not a Flamethrower

During his previous interview on Joe Rogan’s podcast, infamous for launching TokeGate, Elon Musk explained why it’s not a flamethrower:

“It’s not a flamethrower. It’s just a roofing torch with an air rifle cover. It’s not a real flamethrower. We were very clear. This is not actually a flamethrower. Or various countries would ban shipping of it. They would ban flamethrowers. So to solve the problem, we labeled it, Not A Flamethrower.”

He also insists he told everyone not to buy it:

“I said don’t buy it. It’s dangerous. It’s a bad idea. Don’t buy it.”

Elon Musk is feuding with Pablo Escobar’s brother about flamethrowers

Elon Musk’s latest Twitter ire is directed at an unlikely suspect. The Tesla CEO on Thursday jumped feet-first into online drama Thursday when TMZ …

Elon Musk’s latest Twitter ire is directed at an unlikely suspect.

The Tesla CEO on Thursday jumped feetfirst into online drama on Thursday when TMZ reported that Roberto Escobar, the brother of the infamous drug kingpin Pablo Escobar, had accused Musk of stealing his flamethrower idea.

“It’s not a Flamethrower, Mr. Escobar,” the billionaire tweeted with a link to the story.

According to TMZ, “Elon’s guy” was in Colombia in 2017, when he saw a toy flamethrower owned by the Escobars. A while later, in January 2018, Musk announced that The Boring Co. would sell flamethrowers to raise money for its tunneling projects.

After selling out of the products, which do in fact spew flames but in no way resemble actual flamethrowers, and raising $2 million in the process, Musk changed course. In order to sell the product legally, the name — and website address — was changed to “not a flamethrower,” which brings us to Thursday’s strange Twitter interaction.

But calling the incendiary toys flamethrowers and later backtracking is far from the first time The Boring Co. has shifted gears radically. Despite an outcry from experts in every related field, Musk has maintained that he has found a way to tunnel more cheaply than anyone has ever been able to do, while at the same time alleviating traffic with a network of tunnels.

That plan, at least for now, has been distilled to a small tunnel inside the Las Vegas convention center that will transport visitors from one side of the event space to the other.

Meanwhile, people who paid thousands of dollars for a secondhand not a flamethrower are busy setting things on fire, as they did almost instantaneously when the product went on sale.

As for Escobar? According to a Vice report from 2014, he’s running the cartel’s house in Medellin, Colombia, as a museum and says he’s curing AIDS by studying horses.

Related Posts:

  • No Related Posts

Pablo Escobar’s Brother Says Elon Musk’s Flamethrower Was Actually His Idea

Roberto de Jesús Escobar Gaviria, brother to the late drug lord Pablo Escobar, has a flamethrower-related bone to pick with none other than Elon …

Roberto de Jesús Escobar Gaviria, brother to the late drug lord Pablo Escobar, has a flamethrower-related bone to pick with none other than Elon Musk.

Per a riveting TMZ report filed Thursday that includes zero usage of the flame emoji, Escobar’s team has claimed that someone from the Musk side of this alleged issue “jacked the idea” of a flamethrower-adjacent device after an engineer visited the family compound in 2017. 

These claims are surfacing following the launch of Escobar’s propane-fueled “Flamethrower tactical toys,” which run at a retail price of $249. 

“I want the people to be able to burn money, like me and Pablo used to do,” he said in a press release. “I burned probably a couple of billion dollars over the years. Literally burning the money. For many reasons. The Escobar Inc Flamethrower will sell out very fast.”

As you’ll recall, early 2018 brought the launch of The Boring Company’s Not a Flamethrower, which apparently serves as inspiration for the possible legal action Thursday’s report claimed Escobar and company were pondering against Musk’s team.

Allegedly, in a statement added in a subsequent update to the TMZ story, Musk responded to these claims in a succinct manner.

“It’s Not a Flamethrower, Mr. Escobar,” he reportedly said.

POST CONTINUES BELOW

In other Musk news, he recently suggested the addition of Spotify integration for Tesla users frustrated by the current options. A slew of other possible Tesla boosts have also been teased in recent weeks.

Ok

— Elon Musk (@elonmusk) July 10, 2019

Related Posts:

  • No Related Posts

Did you hear the one about Elon Musk, a flamethrower and Pablo Escobar’s brother?

What do you get when you mix Tesla Chief Executive Elon Musk, a flamethrower and, just for fun, the brother of late Colombian cocaine kingpin Pablo …

What do you get when you mix Tesla Chief Executive Elon Musk, a flamethrower and, just for fun, the brother of late Colombian cocaine kingpin Pablo Escobar?

While it might sound like an episode of the Netflix show “Narcos” that deservedly didn’t make it out of development, it apparently could be a real trio that no one would have ever thought imaginable.

Roberto Escobar, the brother of Pablo, apparently is considering suing Musk over a flamethrower. Specifically, the Not-A-Flamethrower Flamethrower from Musk’s Boring Company.

(We should state this right now that we are not making any of this up: The matter was first mentioned by TMZ.)

Roberto Escobar runs a company in Colombia called Escobar Inc. As the company says on its website, “Escobar Inc manages and owns all the intellectual property relating to Pablo Escobar, such as copyrights, trademarks and any and all other rights.”

It is also dedicated to “creating and sustaining projects related to the family of Pablo Escobar under the leadership of Roberto De Jesús Escobar Gaviria, brother of Pablo Escobar.” Based on those descriptions, it sounds like Colombia is pretty lax when it comes to confiscating the property of known drug lords, even those who died more than 25 years ago.

One of those things that Escobar Inc. manages — and is selling — is a flamethrower. Right now, you can go to the Escobar Inc. site and get one on sale for just $249 (14.1-ounce propane tank not included).

You might have noticed that the Escobar flamethrower looks pretty similar to the product that Musk’s Boring Company recently put on sale. The Boring Company said it has sold its entire production run of 20,000 Flamethrowers.

Click here if you’re having trouble viewing these videos on a mobile device.

According to TMZ, Escobar said Musk stole his flamethrower idea after one of Musk’s engineers visited the Escobar compound in 2017. Escobar reportedly is very angry with Musk and is said to be considering legal action for intellectual property theft of the flamethrower idea.

This news organization has tried to reach Musk as well at officials at Tesla for a comment about the Escobar matter, but neither has yet to reply.

Perhaps Musk decided it’s best just to lay low for a while — or at least until the lawyers sort the whole matter out.

Related Posts:

  • No Related Posts