Weekly Top Ten Real Estate Hot List Tue: 09-11-2012
She’s done it again! Ellen has flipped the Brad Pitt Malibu beach house after owning it for less than a year. While everyone else has been discounting, Ellen has been making big profits in real estate. This time it was a quiet sale to former makeup artist turned cosmetics entrepreneur, Victoria Jackson. Ellen bought the home from Brad Pitt for $12 million and sold it to Victoria for $13 million just months later. Not a bad short term profit! In fact, with the sale of their Hollywood compound to Ryan Seacrest, Ellen and Portia have made multi millions in real estate profits in approximately a year’s time.
A professed “real estate junkie”, when Ellen was growing up, her parents only rented and never were able to own their own home. But they looked at homes for sale often and Ellen dreamed about how it would be to have her own room in one of them. When she became financially successful, she started buying homes. One after the other. In the seven years of her relationship with Portia de Rossi, they have moved seven times. It might be a full time job just filling out all their change of address forms.
Hard working and successful in everything she does, Ellen DeGeneres lives with passion and stays true to herself. Never slowing down for a minute, she made her name in comedy through standup, late night guest appearances, TV sitcoms, a 10-year running talk show and now a production company and author of four books. She has created a $50 million dollar empire and is adding to it rapidly through her keen eye for good real estate and the business sense to profit even in hard times.
The couple also have a fabulous horse ranch in Hidden Hills, California where Portia enjoys working on her dressage skills. Owners and flippers of other nice ranches, this one too is on the market for $16.5 million, but we’re sure there will be another horse facility on the horizon when this one is sold!
Ellen DeGeneres is the person to watch for more great real estate profit-making deals. Between her multi-million dollar real estate business, her product ads and her production company now getting off the ground, when her talk show finally ends as they all do, she won’t even feel a financial hiccup!