Legendary artist Madonna is said to have struck a multi-million dollar deal to purchase The Weeknd’s mansion in Los Angeles, California.
Backed by $ 19.3 million, Madonna is now the proud owner of the 12,500-square-foot mansion. Having been in the care of The Weeknd since 2017, the keys are now in Madonna’s hand as she promotes her latest purchase.
A purchase of this size begs the question: What is Madonna’s net worth?
Madonna buys The Weeknd mansion for $ 19.3 million
With an estimated net worth of $ 500-800 million, squandering nearly $ 20 million in a Los Angeles mansion is antique children’s play. Artist.
After only three years of owning the property, The Weeknd is ready to give up on his Los Angeles home. He bought the property for $ 18.2 million in 2017. The property was initially listed with more than $ 25 million in mid-2020, and the property saw a $ 6 million drop in prices, luring Madonna to pounce and seize the deal of a lifetime.
The home is the epitome of luxury, with seven bedrooms, nine bathrooms, a resort-style saltwater pool, wine cellar, barn with eight kiosks, 1,200 square feet of guest house, and a parking garage for five cars across nearly three acres.
No stranger to holding major property for herself, Madonna has purchased homes in various parts of the world, including penthouses on the East Coast in Manhattan, New York. She also has a home on the other side of the Atlantic Ocean with a $ 10 million property in London, England.