CEO of Apple Inc. and a very wealthy American, Tim Cook has a net worth of $1.5 billion. He has just recently purchased a state-of-the-art mansion in La Quinta, California. This Mediterranean-style estate has a lot going for it, from the sophisticated inside decor to the elaborate outdoor living areas.

As the desert real estate market continues to increase, the home and its 8-acre lot will likely be valued closer to $15 million by 2023. Despite the widespread belief that Cook only paid $9.1 million for the home, data from the Multiple Listing Service indicates otherwise.

A definitive statement of ownership was made in 2021, however the deal was finalized four years before the pandemic.