Sam Bamieh, founder and former chairman of San Mateo, Calif.-based American Intertrade Group Inc., owns the Tobin Clark Estate. He is a prominent donor to Republican politicians. Bamieh’s company specializes in real estate development and financial consulting.

The property is in Hillsborough, Calif., a San Francisco Bay Area suburb that’s one of the wealthiest communities in the country.

In 2002, the estate made Forbes magazine’s list of the most expensive homes in the United States. The Wall Street Journal featured the estate as its “House of the Day” on Oct. 1, 2009. According to Zillow.com, the house was supposed to be torn down to make way for six homes. Bamieh bought the estate at a foreclosure sale for $3.2 million, the Journal reported.

Four residential real estate firms – Keller Williams Realty International, Sotheby’s International Realty, Engel Volkers and Alain Pinel Realtors – are marketing the property. An announcement of the Cotsword Tudor mansion being put on the market called it “the jewel in the crown of San Francisco estates.”

In August 2009, Bamieh put the house up for sale – without hiring a real estate agent – at a list price of nearly $28.9 million. Owner financing was available to “qualified buyers.”

The Bamieh family spent more than $19 million to restore the Tobin Clark Estate, which sites on 6 acres and is secured by classic wrought-iron gates. Sam Bamieh bought the mansion, also known as House on Hill, in 1992. Bamieh initially put the estate on the market in 1999 for $45 million, according to the San Francisco Chronicle.

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Article source: http://technorati.com/lifestyle/article/mansion-near-san-francisco-on-the/

As expected, many Bay Area institutions have been included in Forbes Magazine’s 2010 list of the top colleges and universities that can make their students rich. In fact, six of the top 14 schools in Forbes’ list are located within an hour of Dublin, CA: Stanford University (3), Santa Clara University (4), St. Mary’s College (5), UC Berkeley (12), University of San Francisco (13), and San Jose State University (14).

Forbes scoured data from 611 colleges and universities across the country and identified the schools that had alumni with earnings that far exceeded their salary expectations based on their field of study. Forbes was also sure to control for student background so that the top institutions were picked based purely on their ability to help boost the earnings for their graduates.

Five variables were highly correlated with earnings including institution acceptance rates, percentage of the student body with majors in Science, Technology, Engineering, or Math (STEM) fields, and SAT scores. All data used were provided by the Center for College Affordability and Productivity (CCAP) and are the same information as those used to determine Forbes’ 2010 list of America’s Best Colleges.

“These are the colleges who can take a group of students that, statistically speaking, shouldn’t go on to earn much, and help them beat the odds and make big bucks,” Forbes Magazine’s Natalie Doss noted.

The six top Bay Area institutions represented in Forbes list of colleges that will make you rich provide the Tri-Valley’s top high school students with a panoply of options to choose from depending on factors such as their financial means, religious beliefs, and fields of study. “My experiences as a St. Mary’s College student and member of its Board of Regents provided me with the knowledge and many different perspectives to be even more successful in my career. The St. Mary’s curriculum, professors, and staff are of the highest caliber, and my involvement with the college continues to be very rewarding,” said Shirley O. Griffin, executive vice president for Wells Fargo’s Commercial Real Estate group in San Francisco.

The Around Dublin Team would like to thank reader Patrick Y. for bringing to our attention how well represented the Bay Area colleges and universities are on Forbes Magazine’s list.

Article source: http://www.arounddublinblog.com/2011/02/bay-area-universities-that-will-make-you-rich/