Buyer Of Presidential Estate Revealed

Now it can be revealed: USC sold the Seeley Mudd presidential estate in San Marino to investor/philanthropist Tianqiao Chen, according to the L.A. Times.

Chen, who is originally from Shanghai, bought the estate for $25 million, which was $500,000 more than USC asked.

Chen donated $115 million to Caltech for neuroscience research.

In 2018, he paid $39 million for a historic mansion built for Alice Gwynne Vanderbilt in 1881 on East 69th Street in the Upper East Side of Manhattan.

7 thoughts on “Buyer Of Presidential Estate Revealed

  1. The guy donated 115 million dollars to Cal Tech for neuroscience research. He wanted to probe the thinking of Lynn Swann’s decision to extend Helton’s contract. “What was he thinking?”

    Liked by 2 people

      1. The only thing Swann ever did “all by himself” as A. D. was draft the following memorable statement: “Our football program is in excellent shape —only the coaches, team, climate, attitude and general culture of the program are in desperate need of attention. And that’s where I come in.”
        P. S.
        He also handled the walk-on program single handedly.

        Like

  2. Glad someone got money. I would love Helton but USC pays incompetent people. Im too qualified as manage a best buy.

    Like

  3. The property has been on the market for nearly a half year, and suddenly there is a bidding war so that Mr. Chen had to pony up an extra half mil to grab it?– Maybe Helton had down payment money and wanted a remembrance of Ol’ SC after he is fired.

    Like

  4. OK……….USC can now afford to let Helton go. The sooner the better before more damage is done to this football program.

    Like

  5. Folt, Bohn and Helton are poster board examples of the Peter Principle!
    People rising to the level of their incompetence….
    These times will be remembered as some of USC’s Darkest Days…
    Going down with the Titanic and thinking you’ve done a great job of leadership.

    Like

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