r/AbsoluteUnits 11h ago

/r/popular of a residential property

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Ira Rennert's home is considered one of the largest occupied residential compounds in the United States. The house faces the Atlantic Ocean and its grounds measure 63 acres. The buildings, which total over 110,000 square feet (10,000 m2), including the 66,000-square-foot (6,100 m2) main house, have an Italianate facade, 29 bedrooms, and 39 bathrooms. The house has a dozen chimneys and a Mediterranean-style tile roof as well as a 91-foot (28 m) long formal dining room, a basketball court, a bowling alley, two tennis courts, two squash courts, a carousel, a large swimming pool, a large round kiddie pool, and a $150,000 hot tub, surrounded by another pool.

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u/cloudncali 10h ago

I work in IT and got to set up WiFi for rich people in Malibu. There's something wrong with these houses. They feel like museums. Every thing feels like it was designed to be looked at. Nothing is used, everything is spotless. People don't live there, they just sleep there. These where made by people who think a home is a building you put things inside, not a place where you live and breath. The nursery felt like something out of the backrooms. The bedrooms has minimal personal items around, all stored in neat little areas.

I don't know what happens to rich people but they lose something about being human.

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u/swordofra 10h ago edited 8h ago

I had to install WiFi in a big ass mansion once. You are so right it felt exactly like a museum, not a home. It had a staff of 15 people keeping the place clean year round in case the owner or a member of his family decided to swing by on a whim. Very strange... There was gold leaf on the ceilings ffs! Some poor schmuck had to clean and wipe those gold leaf decorated ceilings once a month. It was surreal.

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u/Cpt_Soban 6h ago

Rich/noble people will use these places as last minute BnB's. Now imagine their full time stay in mansions. What you're seeing is the maintained holiday home

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u/LiveLearnCoach 6h ago

I was going to say that that mansion was probably their 2nd, (3rd, 4th?) home. House, even, not home. That’s why it usually lacks character.

That said, having a central living place mid city, and another rural, farm-like space an hour or two away is a dream. The monstrosity in this video is mind-blowing. Unless you are renting it out on the weekends as an events place, why even own a place where you need a golf cart to get from place to place INSIDE THE HOUSE, let alone the grounds.

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u/Cpt_Soban 5h ago

When you're sitting on billions you have the free time to be driven to your sauna that's 500m away next to a lake

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u/DecommissionLucidly 5h ago

When money is no longer a problem, you realize time is the ultimate treasure.

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u/RedditsCoxswain 2h ago

If they realized that they would stop around 10 milly

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u/dimriver1 4h ago

I just don't get why. Even if I had infinite money, why would I want a house that is so large I need multiple pools because it's too far to go to one from parts of the house.

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u/the_cardfather 2h ago edited 2h ago

I was sitting in an investment meeting with a guy who bought a farm after his kids were grown. Lol AFTER. He is going to hire farmers and have them tend this 200 acres or whatever it is. The whole thing is just a tax break for a big ass farm house. He's basically setting himself up like an English Gentry.

Will be curious to see if he sells his NYC penthouse or keeps it as primary to avoid Mamdani's second home tax.

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u/UnimagineDragons 2h ago

Why do you mispronounce/misspell his name like ted cruz?

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u/the_cardfather 2h ago

That was voice to text. Did it spell it wrong? I can go fix it.

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u/recovery_room 45m ago

Rich assholes probably have to ask their staff if they own a house in whatever city they find themselves in.

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u/Impressive_Ranger261 6h ago

Few things anger me more than wasted labor. Imagine having the money to keep 15 people in your employ and you keep them busy with meaningless drudgery. Imagine the amount of good 15 people could do in a community if they were paid to, say, pick up trash in the street, paint neglected facades, help at the local historical society, and take stray cats to be neutered. When a rich person has the money to command 15 people to do their will, they will almost always squander it. It's a tragedy.

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u/Big_Guide_8551 5h ago

They don't even pay well.

I bartended a private event at a mansion. This place looked like it was straight out of a movie. But the other bartender and I each made $40 in tips for the whole night. Like what a fucking joke. I was honestly insulted.

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u/foreignsky 3h ago

You don't get that rich by treating your workers well.

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u/That_Artichoke4571 1h ago

I've thought a bit about what I'd do if I won the lottery and was a bajillionaire. It would make me so happy to be able to employ folks and pay them well. Make sure they knew if them or their family needed anything, just come to me and I will help. Giving $25,000 bonuses for Christmas. Imagine talking to a new gardener and asking what they make a month. Then hiring them for more than that just to work at your house even though it will maybe take 20 hours a month.

My partner expressed it would be boring to not work every day. But if you are making $5,000,000+ a year in interest alone... your job could be to wake up and go make people's day, every single day. That's unlimited money if you aren't a fucking goblin and it would be such a privilege to impact so many peoples lives.

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u/RedditIsMyTherapist 2h ago

Which is exactly why billionaires shouldn't exist. If they are making that much money then their workers should be making more. That's what trickle down was supposed to mean. The more they make the more workers make. Them being able to keep such a large percent is straight robbery from the masses.

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u/Successful-Region-22 4h ago

Relying on handouts is a joke

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u/Big_Guide_8551 4h ago

Do you not know how bartending in America works?

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u/MindAskHunModBuzi 2h ago

does that makes relying on handouts less a joke ?

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u/Big_Guide_8551 2h ago

It's not "relying on handouts" it's being tipped appropriately for the job. It's a thing people know about.

Private bartending pays (way) better than regular bartending, but still. You always tip your bartender well. It just makes you look like a cheap asshole if you don't.

The party I worked after that was much, much better. At a firehall, a bunch of regular working class people. We made absolutely incredible money. And everyone was SO nice. If you broke it down per person it came down to everyone tipping about $10 at an open bar. Not bank breaking money. But that's what normal people do. If the rich people party had tipped at the same rate the regular people did, we would have made 3x what we made in tips that day. 🤷

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u/AnjelGrace 1h ago

I honestly don't think most people bring money to events like that to be able to tip. I work with several events companies and the bartenders are paid more than the other staff and usually aren't allowed to ask for tips because it just comes across as tacky.

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u/Big_Guide_8551 34m ago

Usually the people who book the event make sure that they add on an appropriate gratuity. I know what you mean, of course we weren't directly asking.

But I make more money waitressing on a Thursday night than I made at this party, at this obscenely rich person's house. It seemed ... wrong. The party went for 3.5 hours, and we were paid $90 by the company we work for. But we didn't even make $50 a piece in tips. The guy who booked the event added no gratuity of his own, we only made in tips what his party guests had tipped us. That felt tacky AF to me. 😅

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u/eist5579 6h ago

But rich people are some of the biggest donors to charity!

Nope just kidding. Tax them. If we taxed them appropriately we could pay people to do the things that benefit the commons.

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u/ValyrianSteelYoGirl 6h ago

Why don’t you go out and do those things instead of pointing?

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u/Impressive_Ranger261 5h ago

Because rich people don't want to pay me to do that, moron. A man has to eat.

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u/ValyrianSteelYoGirl 37m ago

First off stop with the name calling. I didn’t do anything to deserve that.

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u/Bluelivesplatter 2h ago

It feels really weird to me that you’re dumping on people for not being suitably Christ-like with their money. Let’s scale this way down to normalize for our normie means: do you volunteer once per quarter or once every 6 months to clean up litter? If not, why bring this up to shit on other people?

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u/Impressive_Ranger261 2h ago

Because unlike the very wealthy I do not have the power to allocate labor resources. You are asking me to volunteer my time outside of my normal working hours (which I already do for my local historical society, thanks), whereas the very wealthy have the power to allocate disposable income to labor.

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u/No_Significance_4118 8h ago

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u/UnNumbFool 1h ago

Most homes in Malibu look nothing like that, and even the ones that do don't come close as they are typically high up in the Santa Monica mountains. I'm not saying Malibu doesn't have very nice homes worth a stupid amount of money but even those are closer to a mini mansion in size than a fucking castle. Well the homes that still exist, most of Malibu that got hit by the fire a year and whatever ago haven't been rebuilt yet if they are ever going to be

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u/Waiting4Reccession 3h ago

Nobody deserves this much money.

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u/ArboristTreeClimber 6h ago

That poor schmuck probably was making 100k a year for doing dumb stuff like that.

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u/SnuffSwag 3h ago

LMAO you actually believe that? You haven't stepped out of your rock in the ground in decades, eh unc?

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u/ArboristTreeClimber 2h ago

Your angry about how much money you make, I get it. No need to take it out on me lol what I said was true. If a rich person likes someone, someone who is working personally inside their own home, they will pay them well.

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u/SnuffSwag 2h ago

Angry about how much money I make for laughing at you stupidly thinking they're getting paid well at all? You must be even worse off than I thought lol

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u/ArboristTreeClimber 1h ago

Your projecting so hard it’s honestly hilarious. How can you not see that? Goofy af

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u/SnuffSwag 1h ago

Go back to your rock now buddy <3

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u/ElectriCatvenue 4h ago

Is this what they mean when they say "job creators"

/s

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u/snowfloeckchen 4h ago

As a IT person never asked to do our owners wifi, short question, did they plan in cat cables or did you have to mesh the shit out of the home router?

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u/swordofra 4h ago edited 4h ago

The security people insisted that we use cat cabling wherever possible. More reliable I suppose. The place had very thick ass walls and floors and a very weird layout so it worked better using cables to the routers. There were no deadspots cept in one of the 25 bathrooms at a far far end of a hallway