David Feinberg, an Oracle Health executive, purchased a Los Angeles penthouse from the Weeknd for $19 million.
Carsten Schertzer for ilumin Re
Oracle executive David Feinberg has dropped $19 million on the Weeknd’s Los Angeles penthouse — and its furniture.
The property, a full-floor apartment spanning about 8,000 square feet with four bedrooms and six bathrooms, changed hands earlier this month, according to local public records and Zillow. The Weeknd, whose real name (and as of earlier this year, stage name) is Abel Tesfaye, ended up taking a $2 million loss — after buying the penthouse in 2019 for $21 million, he put it up for sale in January 2022.
Feinberg’s new pad overlooks the Los Angeles Country Club from a 22-floor luxury building. Its floor plan shows a gym, a wine vault and four balconies, among other lavish amenities. The building’s managers call the penthouse “The Mogul,” a title perhaps more befitting of the condo’s former owner — a global music superstar with a $70 million Bel-Air mansion and a recent foray into executive producing with HBO’s “The Idol.”
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A painting based on a Rolling Stone cover featuring the Weeknd is reflected by a mirror inside the penthouse’s elevator vestibule.
Carsten Schertzer for ilumin Re
Tesfaye’s listing agent, Angel Salvador, confirmed the sale’s details with SFGATE: $18 million for the penthouse and $1 million for the vast condo’s furniture collection. Robb Report first reported that Feinberg and his wife, Andrea, were behind the purchase. The buyers’ agent declined to comment.
Feinberg is the chairman of Oracle Health, where he’s responsible for Oracle co-founder Larry Ellison’s vision for a national health records database. He joined the tech giant in 2022, when Oracle scooped up Cerner Corporation, the medical technology firm Feinberg was then leading, for $28.3 billion.
Before Cerner, Feinberg did a nearly three-year stint as the vice president of Google Health. That was his first job at a tech firm — he’s spent the brunt of his career in the UCLA health system, leading various parts of its neuropsychiatry division before ascending to the chief executive role in 2008, his LinkedIn says. The site lists Kansas City, Missouri, as his current home.
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A bedroom in the penthouse looks out on Los Angeles Country Club.
Carsten Schertzer for ilumin Re
Ellison, Feinberg’s boss, has been at the forefront of techies’ splashy real estate purchases. The Oracle chairman and chief technology officer owns a Pacific Heights mansion, almost all of a Hawaiian island and a $345 million Lake Tahoe resort.
Hear of anything happening at Oracle or another tech company? Contact tech reporter Stephen Council securely at [email protected] or on Signal at 628-204-5452.