(G)ross and Rachel? Pimco bond king said to buy Jennifer Aniston's house

(G)ross and Rachel? Pimco bond king said to buy Jennifer Aniston's house
Apparently, the new normal is not so bad for famed Pimco fund manager Bill Gross. According to reports, the bond king has purchased actress Jennifer Aniston's Beverly Hills house for $38 million.
JUL 13, 2011
It looks like Bill Gross is cashing in on years of massive inflows into bond funds with the purchase of another multimillion-dollar home. And not just any home, mind you. Apparently, the bond king has bought actress Jennifer Aniston's home. According to a report on real estate blog The Real Estalker, the co-founder of Pacific Investment Management Co. LLC is purchasing the former “Friends” star's Beverly Hills 10,000-square-foot estate. The estate, which was listed for $42 million, went for around $38 million, according to a separate report in the Los Angeles Times. Calls and e-mails to Pimco requesting confirmation of the purchase and comment from Mr. Gross were not immediately returned. Mr. Gross, who is also known for his monthly newsletter to investors, will have more than enough space in his new home to compose. The house has two living rooms, two kitchens, a gym, five bedrooms and 7½ bathrooms, according to reports. And he will be able to entertain in style, considering the property comes with a swimming pool, a spa, ponds, several fireplaces and an outdoor kitchen. News of the purchase comes just two years after Mr. Gross bought another multimillion-dollar property in the area. In August 2009, The Wall Street Journal reported that he bought an 11,000-square-foot home with nine bedrooms and 12 bathrooms in Newport Beach, Calif., for $23 million. According to The Real Estalker blog, Mr. Gross and his wife also own an 11,316-square-foot estate in Indian Wells, Calif, a condo in Park City, Utah, a condo in Cupertino, Calif., and a house in Pebble Beach, Calif.

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