It’s good to be Jeremi Gorman. The veteran media/tech exec has come a long way, beginning in the marketing department at Monster.com and graduating to become director of sales at Variety. The Newport Beach native eventually left Variety for stints at Yahoo and Amazon before joining Snap, Inc., in 2018 as Chief Business Officer, replacing the outgoing Imran Khan and making her one of the most powerful women in tech.
Of course, it took some gentle persuasion and a sizable pay package to lure Gorman away from her cushy exec position at Amazon. The move transformed her from a rich woman into a very rich woman, with nearly $120 million in Snap stock to her name. That’s not counting the $30 million in Snap stock she’s sold over the past two years, according to Wallmine. During her time at the company, Gorman has been widely credited for helping reverse the struggling tech giant’s fortunes by revolutionizing their ad business, and Snap’s current market cap of $94 billion is more than triple what it was a year ago.
And so, while many folks still can’t fathom the idea of a house costing eight figures, someone in Gorman’s position can afford it without breaking a sweat. Records show the 42-year-old has paid $15.8 million for a lavish mansion in L.A.’s South Bay city of Hermosa Beach. The sublime property spans nearly a half-acre atop a hill, with stunning views of the surrounding town and the sea, and it also backs up to a relatively modest estate owned by Jimmy Kimmel.