Shutterstock’s founder has more picture-perfect sunsets in his future.
Jonathan Oringer, the billionaire businessman who founded the stock media company, and his wife, Talia, paid $42 million for the waterfront mansion at 4358 North Bay Road in Miami Beach, Florida. Oringer founded Shutterstock in 2003, and reportedly became New York’s first tech billionaire when the company went public in 2013.
Property records show beverage tycoon Stephen Levin and his wife Petra sold the nine-bedroom, 13-bathroom estate in an off-market deal. Stephen Levin founded Gold Coast Beverage Distributors, one of South Florida’s largest beverage wholesalers, and sold it in 2014 for more than $1 billion.
The Levins’ 19,861-square-foot mansion on a 1.1-acre lot last sold for $30 million in 2013. Developed in 2011, the estate was previously owned by baseball superstar and real estate investor Alex Rodriguez.