Despite having wealth estimated at $780 million, online shoe and apparel retailer Zappos’ founder, Tony Hsieh, lives in a 240 square foot Airstream in Airstream Village in downtown Las Vegas, a community of 20 Airstreams and 10 Tumbleweed tiny homes he spent $350 million to develop. The Downtown Project (DTP) he has funded with his own money is to rebuild downtown Las Vegas, the headquarters of Zappos, where his employees work, live and play.
Part of DTP includes a series of recycled shipping containers a few blocks from the Village, forming a container park for small businesses, as yahoo.finance tells MHProNews.
Hsieh likes the sense of community where he lives. “I love it at night here. There’s campfires going. All these lights … sometimes musicians playing music, just jamming together, people cooking. I really like the unpredictability and randomness of it,” he said.
Hsieh sold Zappos to Jeff Bezos of Amazon in 2009 for $1.2 billion with the understanding that Hsieh could continue to manage the company, as long as it performed financially, and also work on DTP. He moved out of his luxury condo in 2014 and into Airstream Village, where his minimalist lifestyle has helped him focus his creativity.
Airstream Village monthly rent is $1,200 which includes WI-FI and utilities for living in an Airstream or a 130 sq. ft. tiny home.
Hsieh shares his space with two alpacas, Marley and Triton, who have a pen next to his home, but sometimes roam the Village on their own. ##
(Photo credit: yahoo.finance–Airstream Village in downtown Las Vegas)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.