Ben Ling’s Latest Investment: A $29.5 Million Miami Beach Spec Home

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Tech investor Ben Ling, who has backed companies like Lyft and Square, paid $29.5 million for a waterfront property on Miami Beach’s Palm Island

Tech investor Ben Ling—who has backed companies like Lyft and Square—has paid $29.5 million for a spec mansion on Miami Beach’s Palm Island.

Records show Mr. Ling and Christopher Coudron, his partner and a software engineer, closed last month on the waterfront property. Mr. Ling, a former executive at Facebook and Google, is the founder and general partner of San Francisco-based Bling Capital, according to Bling’s website. They declined to comment.

 

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A perfect example of wealth inequality in the US. It doesn't matter if you think it's good or bad.....It will contribute to America's decline.

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This will be nice until it’s underwater in 10 years

BoycottLyft

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I wonder how many rooms these wealthy owners use. Guessing a couple of bedrooms, kitchen and family room.

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