Madonna has pocketed $8 million from the sale of her Beverly Hills mansion, which had been on the market for 10 months.
The 55-year-old singer first listed the Californian property in January, finally closing the deal for $20 million 10 months later and pocketing a massive $8 million from the sale in the process. The
‘American Life’ chart-topper originally purchased the 17,000 square foot house with her then-husband Guy Ritchie in 2003 for $12 million.
According to TMZ , the new owner is a wealthy Wall Street banker, who was attracted by the privacy the posh abode offers. The secluded property is shielded from the public thanks to a 500 foot tree-
lined driveway, with the perimeter of the estate also surrounded by trees. The massive mansion boasts 15 bathrooms, nine bedrooms and a two-story dining room, as well as its own pool, cinema, tennis court and state-of-the-art gym.
Meanwhile, Madonna is said to be on the hunt for a smaller Los Angeles pad to raise her children in. The mother-of-four – who has children Lourdes, Rocco, David and Mercy – also has properties in
London and New York . Madonna also listed one of her New York apartments shortly after putting the Beverley Hills mansion on the market, deciding she much preferred her triple-wide townhouse on the Upper East Side of the city.
Selling tinz... lolz
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