Billionaire venture capitalist pays record $49M for Venetian Islands mansion

by Katherine Kallergis

Billionaire venture capitalist Hemant Taneja is linked to the $48.5 million purchase of a waterfront mansion in Miami Beach, The Real Deal has learned.  Taneja, worth an estimated $3.6 billion, is CEO of Cambridge, Massachusetts-based General Catalyst Partners. Sources told TRD he is the buyer of the 10,700-square-foot waterfront estate on North Venetian Way on San Marco Island that recently traded. Property records show Jacek and Olga Skarzynski, of Brooklyn-based Maven Construction Corp., sold the Venetian Islands home to a trust managed by Charu Madan.  The house sold above asking price — it was on the market for $47.5 million. […]

This article originally appeared on The Real Deal. Click here to read the full story.

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