After gobbling up actual property in downtown Las Vegas, ex-Zappos chief Tony Hsieh has launched into a homebuying binge in a rich Utah ski city, data point out.
Hsieh has bought a minimum of eight houses with a mixed market worth of greater than $19 million in Park Metropolis this 12 months, based on Summit County, Utah, property data, actual property itemizing websites, and Nevada business-entity data.
They embody a 17,350-square-foot mansion with a sports activities court docket, personal lake and horseback using corral, and different houses that span a minimum of 2,900 sq. ft.
Hsieh, who retired as CEO of Las Vegas-based Zappos after twenty years on the helm, was changed Monday with out a formal announcement from the web shoe vendor. His exit additionally comes after he spent a fortune on actual property, eating places and different ventures in downtown Las Vegas that made him a dominant property proprietor within the space.
It’s unclear what he plans to do in Utah. However based on a number of individuals who know him — together with just a few who heard he owns actual property in Park Metropolis — Hsieh goes by way of a digital detox of types for now and establishing store within the ski-resort outpost after a prolonged stretch in Southern Nevada.
Neon Public Relations founder Megan Fazio, spokeswoman for Hsieh’s facet enterprise DTP Firms, stated he’s “disconnecting” from tech for a bit.
“He’s simply doing his retirement factor,” she stated.
In keeping with a report Thursday by meals weblog Eater Vegas, native chef Dan Krohmer goes to work for Hsieh in Park Metropolis and said the tech guru desires to convey extra arts, tradition, and meals there.
Krohmer declined to remark to the Evaluate-Journal.
“I’m sorry, however I’m not at liberty to speak about Tony’s plans in park metropolis (sic) till he broadcasts,” Krohmer stated in a textual content message.
A number of makes an attempt to succeed in Hsieh for remark had been unsuccessful.
Zappos spokeswoman Laura Davis stated Wednesday she has “no additional data to share right now” about Hsieh’s plans.
His actual property holdings in Park Metropolis had been bought by way of a Hsieh-managed Nevada entity referred to as Pickled Investments, data present.
This can be a creating story. Examine again for updates.