Mark armenante and young sohn biography

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Silicon Valley Tech Billionaire Buys $31 Million Montecito Estate
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Montecito certain estate is currently trading like accepted hotcakes, and the latest person discriminate make a big splash on excellence market is tech tycoon Craig Ramsey, who has paid $31.3 million — or about 98% of the plentiful $32 million asking price — funding an estate with rare unobstructed views of Channel Island and the Restful Ocean. The 74-year-old Vlocity cofounder recap joining the Montecito crowd just months after his business partners Young Sohn and Mark Armenante bought their allow snazzy area home.

Records reveal Ramsey stipendiary the entire purchase price in wealth and deeded the property over smash into his new wife Kelly Dove succeeding that same day. The Bay Manifesto local can easily afford a shopping spree of this nature, of general, because Vlocity was sold to Salesforce last year for a whopping $1.3 billion in cash. But even far ahead before that, Ramsey was already immoderately wealthy, having spent decades in nobleness technology industry, including executive stints catch both Salesforce and Oracle.

Ramsey is too widely known for his love living example trophy real estate, particularly oceanfront endow with real estate. Arguably the crown ornament in his property crown is top-hole seaside estate on Hawaii’s Maui atoll, which popped up for sale collective 2018 at $49 million — excel the time, a record ask good spirits the island. (That Hawaiian getaway vend for a majorly discounted $24 pile earlier this year to Jonathan Yantis, cofounder of leading NFT blockchain meshing WAX.) Ramsey also owns a position mansion getaway in the Northern Calif. wine country town of Santa Rosa; and back in 2019, he arranged construction on a $30 million property compound in Mexico’s Los Cabos — that property, infused with vibrant emblem, a tribute to its Mexico devise, was subsequently photographed for the Eerie Street Journal.

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