Google Co-founder Quietly Buying Up Property and Charging Below-Market Rent

By Good News Network Friday, August 31, 2012

Business - General

Soviet-born Sergey Brin is already a world-changer. The Google co-founder has donated millions of dollars to charity and given us public technology tools that make us smarter.

But one of the most touching efforts comes from his small real estate holding firm called Passerelle Investment Company.

"With it, Brin is buying up downtown property in Los Altos, Calif., a small Silicon Valley town near where he lives, and is renting it out at below-market rates to stores he thinks families in the community need: a children's bookstore, a children's playspace, and a child-friendly coffee shop."

- READ the story in the Wall Street Journal (via Business Insider)