Vinod Khosla opens Martins Beach: PHOTOS
Vinod Khosla
Nine years after  he  bought an 89-acre parcel near Martins Beach in San Mateo County  California   Silicon Valley venture capitalist Vinod Khosla  appears to have given up on  his  battle to block public access to the shore.
 Khosla  was found to be in violation of the California Coastal Act when  in 2009   he  began locking a gate to a road that leads down to a parking lot on the beach.  Khosla  reportedly paid $37.5 million for a beach-adjacent property in 2008  and the path that provides access to Martins Beach passes through land  he  owns. Khosla  who runs  his  own firm   Khosla Ventures   and is a cofounder of Sun Microsystems  has an estimated net worth of $2.1 billion.
By ruling that  Khosla  must open Martins Beach to the public in August  California's First District Court of Appeals in San Francisco upheld a 2014 ruling by the San Mateo County Superior Court. The Surfrider Foundation had originally filed suit against  Khosla  in March 2013.
According to The Mercury News   Khosla 's attorneys told the California Coastal Commission that the gate would be open for limited hours  or "certain days from 9 a.m. to 4:30 p.m. " in the words of commission spokesperson Noaki Schwartz. The commission had threatened to fine  Khosla  more than $11 000 a day if  he  did not comply.
Nine years after  he  bought an 89-acre parcel near Martins Beach in San Mateo County   [TGT] appears to have given up on   [TGT]   battle to block public access to the shore.
  [TGT] was found to be in violation of the California Coastal Act when  in 2009    [TGT]   began locking a gate to a road that leads down to a parking lot on the beach.   [TGT] reportedly paid $37.5 million for a beach-adjacent property in 2008  and the path that provides access to Martins Beach passes through land   [TGT]   owns. Khosla  who runs   [TGT]   own firm   Khosla Ventures   and is a cofounder of Sun Microsystems  has an estimated net worth of $2.1 billion.
By ruling that  [TGT] must open Martins Beach to the public in August  California's First District Court of Appeals in San Francisco upheld a 2014 ruling by the San Mateo County Superior Court. The Surfrider Foundation had originally filed suit against  Khosla  in March 2013.
According to The Mercury News    [TGT]  's attorneys told the California Coastal Commission that the gate would be open for limited hours  or "certain days from 9 a.m. to 4:30 p.m. " in the words of commission spokesperson Noaki Schwartz. The commission had threatened to fine  Khosla  more than $11 000 a day if  he  did not comply.