Weekly Top Ten Real Estate Hot List Tue: 12-26-2012
Rihanna Fenty (yes, she really does have a last name), at the age of 24, has experienced more than adults twice her age. In 2012 Time magazine named her one of the most influential people in the world and Forbes listed her as the fourth most powerful celebrity of the year with earnings of $53 million.
Discovered at age 16 in her homeland of Barbados, she has skyrocketed to almost unheard of success in eight years with five Grammy Awards, five American Music Awards and eighteen Billboard Music Awards. She’s sold more than 25 million albums and so many millions of digital singles, it’s impossible to keep count.
In 2009, Rihanna was the victim of one of the most publicized domestic violence cases ever spread across media around the world involving her then boyfriend - and possibly again boyfriend, singer-actor Chris Brown.
Rihanna’s real estate issues have also garnered interest when it was discovered that her previous Beverly Hills home was necessarily abandoned due to inexcusable design-construction errors causing rainwater to be directed to the interior. She lost a few million dollars when she sold the water damaged home at a distress price of $6.9 million. The new owner has fixed the water issues and re-listed the home at $9.95 million.
Rihanna put her water problems behind her and has recently purchased another contemporary home, surprisingly similar in appearance to her first home. The new home is in Pacific Palisades with 11,000 square feet, 7 bedrooms and 9 bathrooms. To remind her of her tropical roots, this brand new home has a huge garden, pool, spa and BBQ entertaining area with almost every room opening to the outside. Though the home was listed at $14.95 million, Rihanna made her own deal for a purchase price of $12 million. Her neighbors include Tom Brady and Gisele Bundchen who moved into their new $20 million, 22,000 square foot home this past summer.