It’s no secret that celebrities – real celebrities of the Hollywood variety/music industry – make a lot of money. So much, in fact, that they can afford incredible real estate. Ellen DeGeneres, for example, is well known (alongside his wife Portia de Rossi) for buying, renovating, and selling houses all the time. But did you know that despite all of the slippage and moving boxes, Ellen is one of 10 celebrities who own at least $ 100 million in real estate?
It is true! She is part of the rarefied group of celebrities who have invested their fortune in real estate and she is in good company. Oprah Winfrey, Barbra Streisand, Paul McCartney, Steven Spielberg, Jack Nicholson, Jay-Z and Beyoncé, Will Smith, Robbie Williams and even Kanye West all own at least $ 100 million in real estate. Let’s take a look at their properties and dream a little about being able to buy just one of these luxury homes.
Net value: $ 300 million
Robbie has an extensive real estate portfolio that includes mansions around the world, including England and Los Angeles. In 2015, Robbie abandoned $ 32 million for a huge Beverly Hills complex. The house has 25,000 square feet of living space, a garage for 11 cars, an orchard and 22 bathrooms. In 2016, he spent $ 22 million on a 46-room London mansion. In July 2018, he spent $ 21 million on a Malibu mansion. In early 2017, Robbie sold one of his Beverly Hills homes in the upscale, gated community closed by guards known as Mulholland Estates for $ 9.9 million. The 10,681 square foot mansion was originally listed at $ 11 million. Rapper DJ Khaled got it for 10% off.
Net value: $ 350 million
Will and Jada purchased a $ 7.5 million, 100 acre property in the hills between Malibu and Calabasas in 1999. During the following year, they purchased several nearby lots to assemble 150 acres of adjoining land. On this lot, there is a 20,000 square foot Santa Fe style main house, several guest houses, a private lake, a riding school, horse trails, stables, tennis courts and much more. In 2013, they quietly listed the property for $ 42 million but could not find a buyer. Today, this property alone is worth $ 50-70 million.
In 2015, Will and Jada bought a seven-acre beachfront complex in Kauai for $ 10 million. They sold it in 2017 for $ 12 million. In 2011, the Smiths sold another Hawaiian oceanfront property also on seven acres for $ 20 million. The buyer was Ekaterina Rybolovlev, the daughter of billionaire Russian oligarch Dmitry Rybolovlev.
The Smiths also own a 9,000 square foot home in a gated community in Hidden Hills, California, and a 9,200 square foot ski chalet in Park City, Utah.
Net value: $ 400 million
As I said before, Ellen and Portia are serial fins. Since 2003, the couple have bought and sold more than 20 properties. In 2019 alone, Ellen and Portia sold three properties for $ 6.98 million, $ 15.5 million, and $ 23 million, respectively. It all started in 2003 when DeGeneres bought a house in the Hollywood Hills for $ 6 million. Three years later, she sold the four-bedroom, four-and-a-half-bathroom property for $ 9 million to Will Ferrell. The following year, she purchased a mid-century modern-style home in the Hollywood hills, dubbed “the tree house,” because of the 2,000 square feet of outdoor living space. She paid $ 1.271 million for the house. A year later, she sold the two-bedroom, two-bathroom property for $ 2.1 million.
In 2007, DeGeneres and de Rossi purchased a $ 15.75 mansion in Montecito, California. They did not stay there long. Later that same year, the couple sold it for $ 20 million. The following year, they bought a 9,200 square foot home in Beverly Hills for $ 29 million. They then bought the two surrounding houses to create a complex. DeGeneres and de Rossi got married in this house. In 2012, they sold the complex to Ryan Seacrest for $ 37 million. The same year, DeGeneres bought a horse ranch in Thousand Oaks, California, for $ 8.5 million. After renovating the property, she sold it in 2013 for $ 10.85 million.
In 2011, they bought Brad Pitt’s former home in Malibu for $ 12 million. They sold it a year later for $ 13 million. In 2012, the couple spent $ 13.2 million for a pair of condos adjacent to Los Angeles. Three years later, they sold the homes for $ 11.85 million. In 2014, they paid nearly $ 40 million for a Holmby Hills home called Brody House and then sold the lavish property for $ 55 million six months later to Sean Parker.
In 2015, they bought a four-bedroom, eight-bathroom villa in Beverly Hills for $ 16 million and resold it in 2018 for $ 35 million.
In 2018, they bought a mansion in Beverly Hills for $ 15 million. Less than a year later, they sold the five-bedroom property for $ 15.5 million. The same year, they paid $ 6.7 million for a ranch in Santa Barbara. They sold it for $ 6.98 million to Nickelodeon president Brian Robbins in 2019.
In 2019, the couple bought a newly renovated five-bedroom, 12-bathroom mansion from Adam Levine in Beverly Hills for $ 45 million. For what it’s worth, Levine is also a bit of a serial pinball machine.
Net value: $ 400 million
Barbra Streisand’s property holdings in Southern California are worth at least $ 100 million. His homes could be worth up to $ 200 million, depending on where the local real estate market is. His famous Malibu complex, a high bluff, could alone be worth $ 100 million. Located in the Point Dume district of Malibu, the Barbra complex consists of three plots which it acquired during several transactions from the 1990s. The main house measures 10,500 square feet and has 8 bedrooms. One neighboring house is 2,000 square feet, the other 6,000 square feet. The complex has a total of 47,000 square feet of property, with five structures including a barn. She previously owned a penthouse in Manhattan and a large mansion in Beverly Hills.
Net value: $ 400 million
Jack Nicholson owns at least a dozen properties in the United States (which we know from property records). His long-time principal residence is a multi-property complex on Mulholland Drive in Beverly Hills. Its compound covers three acres on at least four properties. He bought the first property in 1969. He added additional plots in 1993 and 2005. The property he added in 2005 was acquired from the estate of his good friend Marlon Brando. Nicholson bought the estate for $ 5 million in 2005 and razed the previous house.
Nicholson owns several other houses around Los Angeles, including a house in Santa Monica, a condo in Venice, and a 70-acre property in Malibu which he listed for $ 4.5 million in 2011, but eventually took off from the market.
Outside of Los Angeles, Jack owns a home in Shasta County in Northern California and a oceanfront home in Kailua, Hawaii, and at least one (maybe two or three) properties in Aspen, Colorado . He sold a house in Aspen in 2016 for $ 11 million, a year after listing it for $ 15 million.
Net value: $ 1.2 billion
Paul McCartney’s real estate portfolio spans the globe. In 1984 he bought a $ 1.88 million townhouse overlooking the New York Museum of Modern Art. In 1998, he spent $ 495,000 on a home in East Hampton, New York. In 2001, he bought Courtney Love’s mansion in Beverly Hills for $ 4 million. In 2015, he bought a penthouse in Manhattan for $ 15.5 million. It would appear that the monthly maintenance costs for this house amount to $ 13,000 per month. McCartney also owns a 190-acre ranch outside of Tucson, Arizona. He owns half a dozen properties (which we know of) in his native United Kingdom, including a 1,500 acre estate in East Sussex, an apartment in London and an estate in Scotland.
Jay-Z and Beyoncé
Net value: $ 1.5 billion
Beyoncé and Jay-Z have an extremely valuable portfolio of real estate assets worldwide. When in the United States, the Carters can be found in a luxury apartment in New York, a mansion in Westchester County, in New York, or in a waterfront villa in Miami. In 2008, they bought a seven-bedroom mansion on the ultra-exclusive Indian Creek Island in Miami for $ 8 million. They sold this house in 2010 for $ 9.3 million. Beyoncé also owns a $ 2.6 million house in New Orleans. Jay-Z owns a $ 10 million apartment in New York that he bought solo in 2004 for $ 6.85 million. In 2017, Beyoncé sold her longtime condo in New York for $ 9.95 million. She bought the condo in 2005 for $ 5 million. In 2017, Beyoncé and Jay-Z together paid $ 26 million for a Hamptons mansion called Pond House.
In 2017, Beyoncé and Jay-Z together paid $ 88 million for a crazy 30,000 square foot mansion in Bel Air, California. Public records show that they took out a $ 52 million mortgage when they bought the house. Using the mortgage rates that were available at the time, Bey and Jay are probably paying north of $ 250,000 per month on their mortgage for the house which has a full basketball court, 2 acres of land, a 15 car garage, a multimedia room, several swimming pools and bullet-proof windows.
Together, they own a $ 4 million private island in the Bahamas.
Net value: $ 3.2 billion
Kanye West owns approximately $ 120 million in real estate in the United States (land, buildings and houses). Kim and Kanye’s main residence is a large estate in the Los Angeles suburb of Hidden Hills. This estate consists of several connected plots, the first of which was acquired in 2014 in two separate transactions for $ 23 million. The first iteration of their property included a newly built four and a half acre mansion. They have spent millions of dollars over several years to customize, reorganize and expand the home. In 2019, they expanded their domain by buying neighboring properties in two separate transactions to create a joint domain of seven and a half acres. A staggering $ 28.5 million was spent on real estate transactions alone to create the Hidden Hills estate. Tens of millions more have been spent on renovations. The current assessed value of their Hidden Hills estate is north of $ 70 million.
Kanye and Kim also own a 320-acre estate on Stokes Canyon Road in Calabasas that is worth $ 16 million. It was there that his religious services took place and where he attempted to build a series of domed structures before being arrested by the L.A. County Construction Commission for licensing issues. They also own a $ 15 million and 6,700 acre ranch called Bighorn Mountain Ranch in Wyoming, a $ 14 million and 1,400 acre ranch called The Monster Lake Ranch, and $ 2 million commercial property in Cody, Wyoming .
Net value: $ 3.5 billion
From 1985 to 2015, Oprah’s main residence was a 9,625 square foot Chicago home that she sold in 2015 for $ 4,625 million. She also previously owned a penthouse in Atlanta, which she sold in 2008 for $ 1.8 million.
Arguably her most impressive real estate asset is a 23,000 square foot mansion in Montecito, California, which she bought in 2001 for $ 50 million. Today, this house is worth at least $ 90 million. In 2016, she bought 23 acres of farmland, also in Montecito, for $ 29 million. In 2019, she bought the neighboring house for $ 6.85 million, which extended her Montecito footprint by four acres. In total, Oprah owns 67 acres in Montecito.
Oprah also owns a 43-acre estate on Orcas Island in Washington State that she bought for $ 8.275 million in 2018. In 2014, she spent $ 14 million on a house in Telluride, in Colorado.
Oprah bought her first property in Maui in 2002. Over the years, she has spent up to $ 60 million to restore more than 160 acres in Maui. She spent $ 32 million in a single transaction to buy the neighboring property.
In total, Oprah owns hundreds (potentially over 1,000 acres) of real estate in the United States with a minimum value of $ 200 million.
Net value: $ 3.7 billion
Steven Spielberg and Kate Capshaw own at least $ 200 million in real estate. For many years, they owned 1.4 acres of Malibu’s most coveted waterfront. They bought the first of the plots that became their final property in 1989 for $ 3.375 million. They expanded their footprint in 2002, buying the land next door for $ 3.2 million. They sold the property, which has 150 feet of ocean frontage, in 2015 for $ 26 million.
Their long-standing principal residence, which they still own today, is an incredible multi-acre five-acre complex in the Pacific Palisades. Not far from home, they also have an equestrian facility.
On the east coast, they have a 6,000 square foot apartment in New York that overlooks Central Park West. In East Hampton, they own a 10-acre estate that is partly by the sea and partly on a cove. The Spielberg complex comprises 7.5 acres. The Spielbergs own several other Hamptons properties and a home in Naples, Florida. Steven also funded several homes for his children around Los Angeles.