There is a horse-riding rink, a tennis court, enormous lawns, a pool, formal gardens, plus off-street parking for dozens and dozens of vehicles. He is the son of Warren A. Bechtel, the founder of the company. He stepped down as CEO in 2014 after being diagnosed with Parkinson's disease. 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. Riley Bechtel has bought into a sleepy but searingly expensive Californian neighbourhood that has closed an unprecedented number of eight-figure property sales. Outside, there’s an entertainment deck with an 85-foot infinity pool, a pool house and a four-car garage as well as motor court parking for about 25 cars. Theranos said Riley Bechtel, chairman of the construction giant Bechtel Corp., retired as a director of the embattled blood-testing startup. Copyright © 2021 Penske Business Media, LLC. 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The ultra-private wee estate is set far back down a private driveway and located just a few doors away from the Oprah Winfrey’s 60+ acre Promised Land estate. @ 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. Get the latest scoop directly in your inbox. 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. 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. Bechtel does not intend to subdivide or develop Rancho San Carlos, according to his spokeswoman. That’s mostly because Forbes lists his home as being in the city of San Francisco. Riley body measurements, Height and Weight are not Known yet but we will update soon. Riley P. Bechtel serves as a non-executive director of Bechtel Group, Inc. Nice as Mr. Bechtel’s compound may be, it rather pales in comparison to his main residence up north. The businessman purchased the 238-acre estate called Rancho San Carlos for $63 million. There are 5 beds and 7 baths in about 5,700-square-feet of living space. Links: en.wikipedia.org, www.bechtel.com, www.dirt.com 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. That’s nearly $30 million in cash for three non-contiguous properties. 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. 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. 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. Riley P. Bechtel serves as a non-executive director of Bechtel Group, Inc. 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. In March 1989, he was elected President and Chief Operating Officer. BECHTEL FRANCE S.A.S. That’s a $200k loss for our boy, not counting taxes and fees and all that. 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. Riley primary income source is Celebrity. All Rights reserved. Afficher les profils des personnes qui s’appellent Riley Bechtel. Bechtel does not intend to subdivide or develop Rancho San Carlos, according to his spokeswoman. In 2015, Mr. Bechtel apparently decided 4.54 acres was not nearly enough space. Yolanda believes that Mr. Bechtel has owned his Woodside property for a very long time — since at least 1996 and probably a lot longer. As we’ve mentioned, Mr. Bechtel paid $6,300,000 for his first Montecito house way back in 2007. 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. 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