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Cuban Tech Billionaire Auctions Estate with No Reserve (VIDEO)

Manny Medina is not stranger to goodbyes.  He made multi millions by starting and selling several tech companies.

Now Medina Plans on saying goodbye to his Coral Gables Estate.

Medina will auction his 15,000-square-foot mansion in mid-February without reserve through Platinum Luxury Auctions, according to the downtown Miami auction house. The five-bedroom, six-bathroom house facing a canal at 555 Arvida Parkway was previously listed for $17.9 million. A no-reserve auction means the home will be sold regardless of price.

Medina made his first fortune after selling the real-estate-turned-data center Terremark to Verizon for $1.4 billion in 2012. He then invested his time in a data security company, Cyxtera tech group, which is expected to be worth $52 billion this year.


Read more here: https://www.miamiherald.com/news/business/real-estate-news/article239392088.html

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