According to Business Insider, Yahoo's beautiful CEO Marissa Mayer recently purchased a funeral home in California that has been around for over a hundred years. However, she has no intention of entering the funeral business; she simply doesn't want new houses to be built in the community where she lives.
This funeral home, named Roller Hapgood & Tinney, is the oldest one in Palo Alto, California. It will cease operations today and officially become history. According to the "Palo Alto Weekly," the 1420-square-meter land where the funeral home is located was transferred on the 7th of this month. The buyer is Marissa Mayer, the CEO of Yahoo who lives on the neighboring street. The transaction amount is unknown, but it is estimated to be worth at least $685,000.
According to the "Silicon Valley Business Journal," Mayer bought the funeral home to prevent the construction of a new community. Originally, the land was planned to be redeveloped into a new community with 21 households, mostly for single-parent families or low-income households.
Mayer lives in a 157-square-meter luxury mansion near the funeral home, which includes a courtyard totaling 367 square meters. She frequently hosts parties at her house. In October 2010, she generously lent out her mansion to host a fundraising dinner for Democratic President Barack Obama's re-election campaign. However, her neighbors were unhappy about the constant influx of party workers, feeling their quality of life was greatly affected. They criticized her as an "invader" and said, "She could easily buy a house on the mountain and do whatever she wants without affecting any neighbors."
Recently, big names in the American tech industry have been in the trend of spending large sums of money to acquire properties near their homes to ensure privacy. Facebook founder Mark Zuckerberg, hearing that a builder was using the gimmick of "being Zuckerberg's neighbor" to plan building a mansion next to his house, spent approximately $30 million to acquire four neighboring houses, ensuring his privacy remains intact.
Via: San Francisco Bay Area Chinese Information Network