WRE News December 30, 2023
Lifestyle
With the end of 2023 only days away, a new list from Kiplinger is detailing which celebrities enjoyed the greatest profits on their real estate transactions over the past 12 months.
Actor Mark Wahlberg topped the list with the $46.7 million he pocketed from the $55 million sale of his 30,500 square-foot mansion in Beverley Park, California. While Wahlberg was seeking more money from the deal – he listed the property last year at $87.5 million – his considerable profit was based on the $8.25 million he paid for the 6.2 acres of land only.
Actor Brad Pitt ranked second on the list with a $31.3 million profit on his Los Feliz, California-based compound that he bought three decades ago for $1.7 million.
Singer Celine Dion placed third thanks to the 31,000-square-foot Las Vegas mansion she sold last May for a $30 million, which is triple of what she paid for it in 2017, thus earning her a $20.8 million profit from the property’s initial purchase.
Television journalist Diane Sawyer came in fourth for selling her Massachusetts vineyard for $23.9 million – she bought it for $5.3 million in the mid-1990s, earning a $18.6 million upon the sale. And retired Boston Red Sox slugger David Ortiz pocketed $10.55 million on the sale of his Florida mansion – he bought the land in 2016 for $1.5 million.
Stay up to date on the latest real estate trends.
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