Zach Leonsis is not even old enough to run for president, but the young mogul, 29, has money to burn — $9 million, apparently.
Leonsis, who calls sports-team owner and Monumental Sports and Entertainment CEO Ted Leonsis his dad, just purchased a Kalorama mansion that another boldfaced Washingtonian used to call home, according to Washington Business Journal, UrbanTurf and DC Curbed.
The six-bedroom, four-level house formerly owned by Politico founder Robert Allbritton, who reportedly sold it to the current owner in 2007, was listed in October for $9,975,000. Zach Leonsis, the senior vice president of strategic initiatives for Monumental Sports and Entertainment and general manager of Monumental Sports Network, purchased the home in February, but his identity was not reported until recently. Mark McFadden of Washington Fine Properties represented Leonsis in the sale, and Patrick Chauvin of Compass was the listing agent.
Leonsis, who married his college sweetheart Melissa Cook in September, set the record for most expensive home sale in the District this year with his purchase of the 6,800-square-foot residence, which boasts a movie theater, pool and sun deck.