American pop singer Madonna sold her California mansion she bought from Canadian rapper The Weeknd in 2021. It has been reported TMZ.
Madonna first put her mansion up for sale in April 2022. The star initially wanted $26 million for the house, but couldn’t find a buyer and dropped the price to $23.5 million. According to the publication source, the singer recently made a deal: Madonna sold her house for $23. million gives the buyer $500,000 at the final price. It was noted that Madonna’s net profit from the transaction was $3.7 million, as she purchased the property from Canadian rapper The Weeknd for $19.3 million in April 2021.
The estate is located in the gated Hidden Hills area of Los Angeles. In a house of 1160 square meters. m has 9 bedrooms, 11 bathrooms, dining room with fireplace, home theater, wine cellar, gym and dance studio. The estate features a separate two-bedroom guest house with kitchen, basketball court, saltwater pool with spa and outdoor bar.
According to TMZ, Madonna’s mansion is now home to Korean crypto billionaire Kim Hyun-jung, who was named Forbes’s 50 richest people in Korea last year.
Previously reportedTaylor Swift has surpassed Madonna on Forbes’ richest women list.