The Rutherford House, a Masterpiece of Architectural Design
Location: 826 Greenway Drive, Beverly Hills 90210
Asking Price: $42,000,000
Year Built: 1938
Living Area: 13,678 square feet, 5 bedrooms, 11 bathrooms
Features: The main level features a formal living and dining room, Ruhlmann-inspired library and billiard room, bar and grand morning room lined with 18th-century wallpaper and original fireplace. With many more features throughout, this iconic estate must be experienced to be believed.
Contact: Sotheby's International Realty - Beverly Hills
Jacob Dadon818.264.8780jacob.dadon@sothebys.realtywww.sothebysrealty.comDRE#: 01970038
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Los Angeles Times
5 hours ago
- Los Angeles Times
The Rutherford House, a Masterpiece of Architectural Design
The Rutherford House is a masterpiece of architectural design, showcasing unparalleled quality and attention to detail. Located on the most desirable street in Beverly Hills, the one-of-a-kind residence blends old Hollywood with modern luxury. Upon entering the grand entrance, guests are greeted by a classic, winding staircase and a magnificent view that reveals the impressive back grounds. Step into timeless elegance and rich history with the Rutherford House. Location: 826 Greenway Drive, Beverly Hills 90210 Asking Price: $42,000,000 Year Built: 1938 Living Area: 13,678 square feet, 5 bedrooms, 11 bathrooms Features: The main level features a formal living and dining room, Ruhlmann-inspired library and billiard room, bar and grand morning room lined with 18th-century wallpaper and original fireplace. With many more features throughout, this iconic estate must be experienced to be believed. Contact: Sotheby's International Realty - Beverly Hills Jacob 01970038
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Six companies, one coast, $17 trillion
$4 trillion is the GDP of Japan, according to the World Bank. Nvidia is not far behind Germany, the third-largest economy in the world. This is a single corporation with only about 36,000 employees. Why is Nvidia so valuable? After a DeepSeek-inspired freakout earlier this year, the industry now thinks AI models probably need even more Nvidia GPUs and related gear. New types of "reasoning" models are especially expensive to run, which means extra demand for Nvidia's wares. Who buys all this stuff? Mainly cloud providers, such as Amazon, Microsoft, and Google, along with other Big Tech and AI companies, such as Meta. They also compete with Nvidia, so I call them frenemies. Add up the market value of these four giants and you get to about $10 trillion. Throw Apple and Nvidia into that mix, and you're over $17 trillion — approaching China's GDP. Just from six companies based in two medium-sized urban hubs on the northwest coast of the US. This compares a "flow" with an asset, so I'm risking a lecture from journalism schools I never attended, but it gives you an idea of the financial heft of these private entities. There are other ways to comprehend their size: Profit: Yeah, I know, so old-fashioned! The net income of these six companies totalled almost $500 billion in 2024. That's well over half the US annual defense budget. Capex: Meta, Microsoft, Amazon, and Google will spend about $325 billion this year, mostly on AI data centers. Then there's Project Stargate, involving OpenAI, Oracle, and others, which is investing at least $100 billion. That rivals the (inflation-adjusted) cost of the US Interstate highway system, which took more than three decades to build.
