That's believed to be the highest price ever paid for a house in the U.S. 49-year-old Yuri Milner, who invested in Facebook and Groupon, has no immediate plans to move in.
The mansion purchased by Milner is a French-style chateau set on 18 acres in hills overlooking San Francisco Bay. The estate has a ballroom, wine cellar, gym, spa and pools inside and outside.
The Wall Street Journal says the sale price beats the previous high of $95 million in 2008 for an estate in Palm Beach, Florida.
The Associated Press contributed to this story