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Billionaire homeowners spend bundles on property taxes
Billionaire homeowners spend bundles on property taxes

If your property tax bill seems onerous, check out what some billionaires pay on their California homes, according to a compilation by PropertyShark.com. Leading the pack is SoftBank Chief Executive Masayoshi Son, who distinguished himself early last year by paying a record-breaking $117.5 million for a home on nine acres in the Silicon Valley community of Woodside. He was on the hook for $1.28 million in property taxes. Heiress Petra Ecclestone also cracked the $1-million tax mark with a $1.06 million bill for the Westside house she bought three years ago from socialite Candy Spelling for $86.7 million. Nearby neighbor Hugh Hefner’s Playboy Enterprises coughed up $485,301 most...

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