Jake DeSantis' Estate

This is the home of Jake DeSantis and Erica DeSantis. Jake DeSantis' house, located in Redding, CT, was once owned by author Mark Twain, whose real name was Samuel Clemens. Jake DeSantis made national business headlines when he resigned as Executive Vice President of AIG's Financial Products unit in Wilton, CT in an open letter to Edward M. Liddy, Chairman and Chief Executive of AIG (American International Group). The letter appeared on March 24, 2009 in The New York Times. DeSantis wrote that he is donating his retention payment from AIG of $746,006 after taxes to those "suffering from the global downturn."

DeSantis lives in a gated estate, measuring a total 28.53 acres of property, on Mark Twain Lane in Redding. The acreage is so great that this parcel falls under public act 490. Any parcels under public act 490 will have a much lower assessed value than 70%. The house was part of the estate of Samuel Clemens at the turn of the 20th century when Clemens moved to Redding, Connecticut, home of the Mark Twain Library. DeSantis has owned the property for about 9 years. The home was purchased on 9/9/2003 for $3,450,000. It has a current appraised value of $3,048,800. The home has 4 bedrooms, 4 full bathrooms, and 1 half bathroom.

Mr. DeSantis currently is employed as a Member at Nyala Capital LLC in Westport, CT. Prior to working for AIG, he was a Director at Union Bank of Switzerland, and an Intern at Los Alamos National Laboratory. He graduated from the Massachusetts Institute of Technology (MIT).