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.
Photo courtesy of Mark Wahlberg’s Instagram page
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these people already have tons of money ! Their Big profits just keep pricing out Normal people to the point of not being able to afford anything. Big friggin deal! Take your profits and put some aside for the poor so they can have a roof over their heads & not have to be Gouged every month by Greedy Investors (landlords) As long as you got yours, screw the rest! You can work all your life and some misfortunes happen and you don’t have an escape hatch and you have to start all over again