TMZ.com: Former Yahoo! CEO Terry Semel -- Unloads Malibu Estate for $13 Million Under Asking Price

TMZ.com Celebrity Gossip and Entertainment News, Covering Celebrity News and Hollywood Rumors. Get All The Latest Gossip at TMZ - Thirty Mile Zone.

Former Yahoo! CEO Terry Semel -- Unloads Malibu Estate for $13 Million Under Asking Price Aug 13th 2012, 07:30 Terry Semel -- the former CEO of Yahoo! -- really, really, really wanted to sell off his giant Malibu estate ... so much so, he was willing to knock $13 MILLION off the asking price, TMZ has learned. Back in May, Semel wanted a cool $50 mil for his…

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