• Tech billionaire must open gates to California beach next to property he bought for $37 million, courts say

    8 days ago - By Business Insider

    A Silicon Valley billionaire has lost a legal battle over access to a California beach.
    A California appeals court ruled earlier this week that Vinod Khosla must open gates providing access to Martins Beach, which is an hour south of San Francisco.
    Khosla, who made his fortune as one of the co-founders of Sun Microsystems and as a venture capitalist, bought property surrounding Martins Beach in 2008 for $37 million, according to NPR , and closed the beach to the public the year after.
    Since then, he has been locked in a series of legal battles over whether the public can access the shore...
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