Billionaire Google Ex-CEO Eric Schmidt Buys Billionaire Barron Hilton’s Bel Air Spread for $61.5M

Billionaire Google Ex-CEO Eric Schmidt Buys Billionaire Barron Hilton’s Bel Air Spread for $61.5M

Published: May 29, 2021 | By: American Luxury Staff

Former Google chief Eric Schmidt made a substantial purchase this spring; he completed the acquisition of the 13-bedroom Los Angeles estate of late billionaire businessman and avid pilot Barron Hilton. The selling price of the Bel-Air property? $61.5 million. When it hit the market in December of last year—about fourteen months after Hilton’s passing—it did so with an asking price of $75 million.

The estate occupies 2.55 acres in the Holmby Hills neighborhood, with grounds featuring extensive lawns and the famous ‘Zodiac Pool’ that has come to symbolically represent the now-historic 1936-built property. The pool was designed by the home’s architect, Paul R. Williams, and features a striking decorative set of steps, a hand-painted tile bottom, and a surround of inlaid stone.

The main house has been respectfully preserved, and original details abound inside. Hand-inlaid oak floors, hand-carved stone fireplaces, custom molding and millwork, and original chandeliers populate the house. The pool house is positioned at a judicious remove from the main house, with the property’s tennis court behind it. Hedgerows and a koi pond are highlights of the landscaping.

Schmidt served as the chief executive at Google from 2001 to 2011. His net worth is in the neighborhood of $25 billion.

Photo credit: Google Maps

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