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Bechtel is also known for his involvement with Theranos, the ill-fated Silicon Valley startup founded by Elizabeth Holmes. In 2011, the same entity paid $16,000,000 for another Montecito mansion, and then in 2015 it bought a third for $6,845,000. He stepped down as CEO in 2014 after being diagnosed with Parkinson's disease. In 2015, Mr. Bechtel apparently decided 4.54 acres was not nearly enough space. Billionaire Riley Bechtel recently acquired a sizable slice of Montecito. That’s the second-largest amount recorded for an area home in recent years, behind only the $63.3 million paid by construction heir Riley Bechtel for a much larger estate last month. BECHTEL FRANCE S.A.S. Riley Age, Height & Weight. Get our latest stories in the feed of your favorite networks. Get the latest scoop directly in your inbox. We will update soon. In 2016, the house was put up for sale with a $7,950,000 asking price. Links: en.wikipedia.org, www.bechtel.com, www.dirt.com The 1.7-acre lot includes at least two traditional-ish structures, both of which have views of the Pacific. He was the former chairman of the board and chief executive officer of the company. Mr. Bechtel’s compound sits on nearly 13 acres of land and encompasses at least eight separate structures. The real owner’s identity is locked up real tight behind the LLC, which links back to a prestigious San Francisco law firm known for representing high net worth individuals and families, naturally. We’d estimate that the property is worth at least $20 million today. All Rights reserved. The volley arguably kicked off over the summer, around the time Meghan Markle and Prince Harry paid $14.7 million for large Montecito compound, and has yet to slow. Until April 2017 he was the chairman of the Bechtel Corporation. @ 34.4469064, -119.6247623 Montecito, California (CA), US Riley Bechtel is the retired chairman of the Bechtel Corporation, the largest construction company in the United States and the 8th-largest privately-owned corporation in America. Yolanda believes that Mr. Bechtel has owned his Woodside property for a very long time — since at least 1996 and probably a lot longer. Now in his late 60s, Bechtel is the retired chairman of the Bechtel Corporation, the nation’s largest construction company, which was founded by his great-grandfather Warren Bechtel in 1898 and today employs more than 53,000. That’s nearly $30 million in cash for three non-contiguous properties. Following Ann’s 1990 death, the property was used only occasionally by the couple’s heirs, though it’s been painstakingly maintained in the 30 years since. His father is Stephen Bechtel, Jr., former Chairman and CEO of the company. Mr Wasserman completed the house … Riley body measurements, Height and Weight are not Known yet but we will update soon. Anyway, we thought it might be a fun treat to take a real quick look at a portion of Mr. Bechtel’s substantial real estate holdings and see what we can see. Way back in 2007, EV Marvista LLC paid $6,300,000 for an East Coast-style rambler in one of Montecito’s best pockets. The Forbes-listed billionaire and his longtime wife Susan maintain a primary residence in California’s affluent Silicon Valley town of Woodside, though he also owns two huge Montecito mansions — one acquired in 2011 for $16 million, the other in 2015 for $6.8 million — in addition to his new $63 million Rancho San Carlos mega-compound. Rancho San Carlos is comprised of at least 10 contiguous land parcels that collectively meander from the north side of a main Montecito thoroughfare to the scenic foothills above town. Riley P. Bechtel (CBE) (born 1952) is an American heir and businessman. Riley became the CEO in 1990 and in January 1996, he became the Chairman. The totally off-market transaction means that Yolanda does not have professional pics of the estate, but we do know that the bi-winged mansion sits on a fully landscaped 4.54-acre lot that lies on a private drive immediately adjacent to the ultra-swanky San Ysidro hotel & resort. Now in his late 60s, Bechtel is the retired chairman of the Bechtel Corporation, the nation’s largest construction company, which was founded by his great-grandfather Warren … Filter appointments Filter appointments Current appointments Total number of appointments 1 Date of birth March 1952. He was the former chairman of the board and chief executive officer of the company. Just recently, billionaire Riley Bechtel bought a 237-acre estate near Sharapova’s new property for $63.3 million. Despite (or maybe because of) their vast net worth — they are one of America’s wealthiest families, after all — the Bechtels remain steadfastly discreet and shun publicity like the average person shuns public speaking. Toward the northern end of the property lies a 30,000-square-foot main mansion with a broad central courtyard and dozens of rooms, including 12 bedrooms and 10 baths. As we’ve mentioned, Mr. Bechtel paid $6,300,000 for his first Montecito house way back in 2007. But after weeks of research and numerous rabbit trails, Yolanda is about 99.9% positive that E V Marvista is a front for one of the Bay Area’s wealthiest humans: a manufacturing heir named Riley Bechtel. The properties are not contiguous, but they are located up the very same private driveway. He serves as the Chairman of the Bechtel Corporation. We want to hear from you! Riley Bechtel Net Worth. According to […] Ellen DeGeneres recently listed an estate there for $40 million . Riley Bechtel, who is Stephen D. Bechtel Jr.'s son and the reigning chairman and CEO of his family's firm, is also a third-generation member of San Francisco's all-male Bohemian Club, best known for its Bohemian Grove encampment near the tiny town of Monte Rio in Sonoma County. In 1981, Riley joined the Bechtel Corporation full time. While most luxury neighborhoods are still recovering from the COVID-19 market aftershocks, California’s sleepy but searingly expensive Montecito community has seen an unprecedented number of eight-figure real estate deals close in rapid succession. Riley Bechtel's House Montecito, California (CA), US Riley Bechtel is the retired chairman of the Bechtel Corporation, the largest construction company in the United States and the 8th-largest privately-owned corporation in America. Together with his wife Ann, Jackson custom-built the gorgeous mansion and made it their main residence. The property had been listed at $75 million prior to the sale, but during its most recent and lengthy run on the market it had seen an asking price as high as $125 million. It’s the second largest amount recorded for a home in our rarefied enclave in recent years, behind only the $63.3 million paid by construction heir Riley Bechtel for a much larger estate last month. Estimated Net Worth in 2019: $100K-$1M (Approx.) Riley Bechtel has bought into a sleepy but searingly expensive Californian neighbourhood that has closed an unprecedented number of eight-figure property sales. As we’ve mentioned, Mr. Bechtel paid $6,300,000 for his first Montecito house way back in 2007. This week, it was reported that billionaire Riley Bechtel had paid $63.3 million for a 237-acre compound known as Ranchos San Carlos in one of the largest deals ever in the county. And as was first reported by Noozhawk and confirmed by property records, the new owner is an LLC connected to Riley Bechtel, a low-profile but fabulously wealthy businessman and heir with longstanding ties to Montecito. Riley still serves as the Chairman of the Bechtel Corporation. Links: en.wikipedia.org, www.bechtel.com, www.dirt.com Currently We don’t have enough information about his family, relationships,childhood etc. All Rights reserved. There are 5 beds and 7 baths in about 5,700-square-feet of living space. We had a real devil of a time tracking down Mr. Bechtel’s main Bay Area residence, y’all. Copyright © 2021 Penske Business Media, LLC. Send us a tip using our anonymous form. Send us a tip using our anonymous form. To give you an idea of the size: the firm generates more than $32 billion in revenue each and ever year and employs 53,000 people. Mr. Bechtel joined Bechtel in 1966, working summers in various field construction and other jobs while attending school. The latest and biggest deal so far closed last week, when one of Santa Barbara County’s largest estate parcels — a 237-acre property known as Rancho San Carlos — sold for $63.3 million, almost exactly half the unrealistic $125 million pricetag with which it was originally saddled back in 2014, when it first appeared on the market. Bechtel does not intend to subdivide or develop Rancho San Carlos, according to his spokeswoman. Six lobbying firms were used along with in-house lobbyists. Key executives: Riley P. Bechtel, Chairman and CEO Personnel. After a lot of sleepless nights, however, Yolanda realized that Mr. Bechtel’s main abode is not located in SF — rather, he lives in the tony (and tiny) town of Woodside, CA. As being in the classic Monterey Colonial style, was completed in 1931 by noted architect Johnson!, he was the Chairman of the company has sold his Montecito spread $. Director of Bechtel petite guest house/detached garage Marrin, Johnson & Bridges born March,... 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