Just west of the Pacific Coast Highway in the Paradise Cove area of Malibu, a major construction project is underway. Every day, at least 20 pickup trucks full of workers, earthmovers and multiple cranes belching black smoke crowd onto the lot, power up and get to work building Laurene Powell Jobs’ dream beach compound.
To date, Steve Jobs’ widow has spent more than $80 million on three oceanfront lots — tearing down the existing houses and, according to one person in the know, now building a “massive 20,000-square-foot home for her and her two grown daughters and two smaller ‘cottages’ that are around 4,000 square feet a piece for guests.”
