Elliott's new $3 million mansion in Scottsdale AZ

Anonymous

Guest
$3,050,000.
"John Raymond Elliott and his wife, Margaret, paid cash for a 5,749-square-foot home with a pool. The home is on the eastern side of the Desert Mountain's Chiricahua Golf Course in Scottsdale. J. Raymond Elliott took over in July as president and chief executive of Boston Scientific Corp., a Natick, Mass., medical-device company.

The home was sold by John Hunt and his wife, Lori."

http://www.azcentral.com/arizonarep.../20100526biz-donedeals0526.html#ixzz0px8fiOia
 






Fred bought a place too:

Medical device company exec spends $1.9M in Lighthouse Point
by Jay Brownstown, published June 1, 2010 ShareThis
Fredericus A. Colen bought a five-bedroom, seven-bath home at 2250 N.E. 26th St. in Lighthouse Point for $1.9 million from Vera E. Ross on April 19.

The 5,841-square-foot house was built in 2003 in Lighthouse Point South of Sample Road. It is located in the Hillsboro Isles subdivision.

Colen has been an executive vice president and chief technology officer at Boston Scientific, a medical instruments and supplies company. He worked for several medical device companies and he was a vice president of the International Association of Prosthesis Manufacturers in Brussels before joining Boston Scientific.

He holds a master's degree in electrical engineering from the Technical University in Germany.

According to BlockShopper.com, there have been 297 home sales in Lighthouse Point during the past 12 months, with a median sales price of $240,000.
 






It is not a big surprise; your CEO earns around $33 million per year, he is just spending less than 10% of his annual earning on his home.

This is not a noteworthy news!
 






I have heard there are many other Americans who have purchased multi-million $ homes as well. I know a realtor here locally and she has confirmed this. Some have also paid cash and others have utilized a financing option where a financial institution requires a certain percentage of cash up-front and the remaining balance is paid with a mortgage loan which requires payments from the purchaser until the principal plus interest amount of the mortgage is satisfied.
 






Ray,

Let's get the stock up buddy. You are a great speaker, but have been involved in much scandel most of your career.

You have enough homes, go get something done and get our STOCK PRICE UP !!!!!!!!

Damnit !!