![]() ![]() It’s also almost directly across the street from the $100 million main residence of WhatsApp’s Jan Koum. Out back, a flat grassy lawn and oversized swimming pool add to the attraction, while the corner lot property is kept private by mature specimen trees.Ītherton is famously home to legions of Silicon Valley’s wealthiest, and the new Griffith estate happens to lie just steps from the $31 million estate of Steph Curry. Dark-stained oak floors run throughout the structure, which feature well-scaled public rooms, “designer lighting,” a wine cellar and home theater. Barely a year ago, in June 2020, they plunked down another $20 million on a palatial estate up north in the posh Silicon Valley town of Atherton, Calif.īuilt in 2009 and sited on one of Atherton’s most desirable streets, the elegant estate includes a main house and a guesthouse with a total of 8 bedrooms and 9.5 baths in approximately 13,000 square feet of living space. Other residents along star-studded Broad Beach include Seth MacFarlane, Pierce Brosnan, Ray Romano and Dustin Hoffman.Īs it turns out, records reveal the Malibu property is not the Griffiths’ only $20 million home. The firm's partners are Divesh Makan, Michael Anders, Will Griffith and Mathew Jacobson. It also focuses on technology growth equity, venture capital, middle market buyout and real estate opportunities. Back in May, the Stanford MBA and his longtime wife Calla paid exactly $20 million for an oceanfront house on Malibu’s exclusive Broad Beach, records reveal. Iconiq Capital has been providing investment advisory services since 2011, including family office services. And while it’s not clear exactly how much money has trickled down to the executive ranks, it’s certainly been kind to the net worth of cofounder Griffith. And in 2019, it began buying up thousands of rental apartments across the United States.Īs of early 2021, Iconiq had more than $50 billion in assets under management, ranking the secretive firm as one of the country’s fastest venture capital/private equity success stories. Its founders have invested in dozens of tech startups around the globe earlier this year, the company launched a new European office. In recent years, Iconiq has increasingly begun acting more as a hybrid firm - focusing on venture capital investing while also still handling clients’ mundane day-to-day financial affairs. Vice President & Western Regional Manager Fidelity Charitable Services (Fidelity Investments). Also now clients of Iconiq are folks outside tech’s inner circle - billionaire hedge funders David Bonderman, Henry Kravis, and Tiger Global Management’s Chase Coleman, all of whom sit on the company’s board of directors. ![]() Zuckerberg gave fledgling Iconiq a big name in Silicon Valley, and the company’s client roster now includes Facebook’s Sheryl Sandberg and Dustin Moskovitz, LinkedIn’s Reid Hoffman and Twitter’s Jack Dorsey. ![]() But their most famous client, and the key to their success, is Mark Zuckerberg, who met Makan in 2004 while Facebook was still in diapers. Today, Iconiq’s client list reads like a who’s-who of Silicon Valley greats. Described by Forbes in 2014 as “an obscure Silicon Valley firm” that’s technically an ordinary registered investment advisory, the 10-year-old company has been transformed by its founders - Divesh Makan, Michael Anders, Chad Boeding and Griffith - into a highly exclusive tech mogul billionaires club that “operates as a cross between a family office and a venture capital fund.” Chad Boeding (en) Divesh Makan (en) Michael Anders (en) Will Griffith (en). PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.Not many wealth managers can fathom affording their own $20 million house, much less two of them, but then again few wealth managers are as successful as Will Griffith and his San Francisco-based Iconiq Capital. ICONIQ Capital is an American wealth management and investment firm based. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ĪNY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. THIS IS NOT A SOLICITATION FOR INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Besides them, we counted 7 critical employees of this fund in our database. ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.ĬONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. This organization was formed by Chad Boeding, Divesh Makan, Michael Anders. ![]()
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