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Fortune

Chris Morris

Laurene Powell Jobs buys a fourth Malibu property for $94 million

Laurene Powell Jobs Malibu Steve Jobs

Photo of Laurene Powell Jobs (Credit: Paul Morris—Bloomberg/Getty Images)

Laurene Powell Jobs likes Malibu—a lot.

The widow of Apple cofounder Steve Jobs has paid $94 million for an oceanfront estate in the Paradise Cove area of the California beach town, the Los Angeles Times reports. That’s the fourth property she has purchased in Malibu in the past 10 years.

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