Billionaire Vinod Khosla has been Sued by the State of CaliforniaNRI Top Stories

January 09, 2020 12:36
Billionaire Vinod Khosla has been Sued by the State of California

(Image source from: bizjournals.com)

The state of California has sued Vinod Khosla who is a billionaire venture capitalist as he has illegally restricted the public from entering into the beach. Khosla has denied the access to the public to a beach next to the property he owns in San Mateo County.

The beaches in California are public land under the California Coastal Act objecting to which Vinod Khosla was sued by the state of California.

According to the report in CNBC, Khosla has bought the land surrounding Martins Beach for $32 million in 2008 and has been fighting since then as he has restricted and locked the entry for public.

It has been 12 years that Khosla has been fighting this battle as the under the California Coastal Act, the beaches in California are public land.

TechCrunch has said that, Khosla has been fighting to “keep private a stretch of beach in front of an 89-acre property that the billionaire venture capitalist purchased in 2008.”

The state of California has said in a lawsuit that Khosla has “improperly and illegally” restricted the entry of public to the beach. The suit has also added saying that Khosla will “continue to deny, impair and obstruct” the right of public to use the Martin’s beach, without the orders of the court.

A statement has been made by Dori Yob Kilmer, a lawyer of Khosla, saying “the claims asserted in today’s lawsuit have been extensively litigated and repeatedly rejected by the courts in a prior lawsuit.”

By Shrithika Kushangi

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billionaire  California