OpenAI CEO Sam Altman Faces Lawsuit Over $27 Million Mansion with Leaky Pool

Money | July 17, 2024, 10:44 a.m.

Sam Altman's $27 million San Francisco estate, perched on iconic Lombard Street, boasts luxurious amenities like an infinity pool and a rainwater irrigation system. However, a recent lawsuit has revealed a string of problems plaguing the property, including leaks, faulty piping, and even raw sewage dumping. The lawsuit alleges that Altman was sold a "lemon" with subpar workmanship and corner-cutting by real estate developer Troon Pacific. The issues have led to extensive damage, including mold growth and ceiling failures caused by pool leaks. Altman's legal team estimates repair costs upwards of $4 million. This lawsuit is not the first trouble associated with Troon Pacific, as the developer was also ordered to pay back $50 million to investors for an unfinished renovation project. Altman's legal battle sheds light on the risks of high-end real estate investments and the consequences of cutting corners in construction quality.