Uber cofounder Travis Kalanick dropped $43.3 million on a Los Angeles estate with a 7-bedroom mansion and a 7,000-bottle wine cellar. Take a look inside the property.

The property comes with two swimming pools.Jim Bartsch

• Uber cofounder Travis Kalanick bought a lavish Los Angeles estate for $43.3 million in April, Katherine Clarke reported for The Wall Street Journal.
• It sold for 42% under its original asking price of $75 million.
• The 1.7-acre Bel Air estate includes a 20,000-square-foot mansion, two swimming pools, a 7,000-bottle wine cellar, a guest house, and a tennis court.
• Kalanick, who's worth $2.6 billion, owns another home in Los Angeles and bought a $36 million Manhattan penthouse in September 2019.
• Visit Business Insider's homepage for more stories.

Uber cofounder Travis Kalanick has been revealed as the buyer of a $43.3 million Los Angeles estate that sold last month, Katherine Clarke reported for The Wall Street Journal.

The former Uber CEO bought the estate for about 42% less than last year's asking price of $75 million after a three-year renovation. It was most recently listed for $68 million by Jeff Hyland, Drew Fenton, and Linda May of Hilton & Hyland, and Jade Mills of Coldwell Banker Global Luxury.

Kalanick's new property, known as the Bellagio Estate, sprawls across 1.7 acres in the heart of Bel Air, one of the most coveted areas in Los Angeles. The 20,000-square-foot mansion was built in 1931, designed by celebrated architect Paul Williams, whose homes attracted stars including Frank Sinatra, Lucille Ball, and Cary Grant.

Kalanick, who cofounded Uber in 2009, was the company's CEO until he resigned in 2017 after a series of scandals. At the end of 2019, he resigned from his board position, leaving the company for good.

Take a look inside the tech mogul's new Los Angeles property.

Read the original article on Business Insider