Tinder Co-Founder Dives Into 'Growing Market' With $82 Million Purchase

Justin and Tyler Mateen co-founded Tinder, the popular dating app. In June 2025, the Mateen brothers purchased a piece of property in Hollywood worth a price of $69 million. 

Now, the Mateen brothers have purchased another expensive piece of property in California with the Cayton family's Culver Capital. 

"French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California," according to John Gittelsohn of Bloomberg. "The 90-room property ...