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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

There is a feeling that techies are the new celebrities," says Eric Kuhn, an agent who heads the social-media department at United Talent Agency. Earlier this year, Mr. Rappaport sold a beach cottage in Malibu to a Facebook executive for $6.8 CEO Terry Semels compound in Malibu for $37 million—Mr. View Interactive.