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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

Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. 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. Ellisons 27th Malibu property purchase, says Mr. Rappaport.