Brad Pitt is a name synonymous with Hollywood royalty. A towering figure in the entertainment industry, with a net worth that exceeds $400 million. But, this man is more than just a talent in front of the camera, he’s a financial mastermind. He’s earned the title of one of the most famous and highest paid entertainers in the world, commanding a minimum of $20 million per film. The Academy has recognized his abilities, awarding him the Best Picture Oscar for “12 Years a Slave” in 2014 as a producer, and more recently, a Best Supporting Actor Oscar for “Once Upon a Time in Hollywood” in 2020.
But, let’s take a step back from his impressive film resume and delve into Brad Pitt’s true financial fortitude – his real estate portfolio. Worth a staggering $100 million, this portfolio is a true testament to Brad Pitt’s financial savvy. From his luxurious mansions in Los Angeles, the south of France, and New Orleans, Brad Pitt has created a real estate empire that rivals even the most successful business tycoons. Join me as we explore the exclusive world of Brad Pitt’s real estate portfolio and uncover the financial acumen behind the Hollywood icon.
In 1994, Brad Pitt purchased a $1.7 million mansion in Los Feliz from Cassandra Peterson, better known as Elvira. Over the next decade, he expanded the compound by purchasing two contiguous properties, followed by two more after his relationship with Angelina Jolie. Today, the multi-structure, 1.9-acre property, which cost nearly $5 million, includes a main house, pool, tennis pavilion, and skate park. Pitt calls it his kids’ “childhood home” and it’s also where Jimi Hendrix wrote “May This Be Love.”
However, he is reportedly listing his long-time Los Feliz compound for $40 million. The reason for the sale, according to a People’s real estate source, is Pitt’s desire for a smaller home in the Los Angeles area.
In 1998, Brad Pitt hired German architecture firm Graft to build a modernist stone and glass home in the Hollywood Hills. Pitt acted as his own interior designer, showcasing his minimalist style through hidden shelves and cupboards, mica stone walls, pine flooring, and skylights. He stated that he learned to “let go of great ideas for harmony.” The actor still owns this pristine zen getaway.
In 2000, Brad Pitt invested $4 million in an 11-acre oceanfront vacation property near Santa Barbara and Gaviota State Park, which he still owns today. The home served as a getaway for Pitt and his former wife, Angelina Jolie, as well as their children, offering opportunities for horseback riding and beach-time relaxation.
In 2001, Aniston and Pitt acquired an 11,173 sq. ft. mansion designed by Wallace Neff. The couple spent three years renovating the French Normandy Revival-style home originally built in 1934 for actors Fredric March and Florence Eldridge. Renovations included heated marble floors, a bar with 200-year-old French chateau wood floors, and a new screening room. The property was sold for $28 million in 2006 after their split.
In 2005, Brad Pitt invested $8.4 million in a midcentury-modern bachelor pad in Malibu with 4 bedrooms, 4 baths, 3 fireplaces, a tennis court and private cove access. After renovating the 1962 property, Pitt listed it in 2009 and Ellen DeGeneres bought it for $12 million in 2011, selling it for a $1 million profit a year later.
In 2006, Brad Pitt and Angelina Jolie invested in a property in New Orleans’ French Quarter, focusing on their charity efforts after Hurricane Katrina. They paid $3.5 million for a traditional-style 7,650 sq. ft. house built in the 1830s with unique features such as Venetian-plastered walls and custom marble mantles. After their separation, the property was sold for $4.9 million a decade later.
Pitt and Jolie invested in a luxury unit at the iconic Waldorf Astoria hotel in New York City, with rumors suggesting it holds sentimental value as one of the first places they stayed as a couple. The exact purchase price is unknown, and current ownership remains unclear.
In 2011, Brad Pitt and Angelina Jolie shifted their real estate focus to the French countryside, renting and later purchasing Château Miraval for $60 million. The estate included both a château and winery, leading to the creation of their eponymous wine brand, famous for its rosé. The couple tied the knot on the property in 2014, but after their split, Pitt maintained involvement with the brand. Currently, a lawsuit is ongoing over the sale of Jolie’s stake. In late 2021, Pitt began restoring a recording studio on the property with French producer Damien Quintard.
In 2016, amid rumors of divorce, Brad Pitt and Angelina Jolie invested in a private villa in Mallorca, Spain for $3.9 million. The 9,687 sq. ft. property features 8 bedrooms and a sea-facing pool. The couple was spotted around town, but it is unclear if Pitt still owns the home.
In conclusion, Brad Pitt is not only a talent in front of the camera, but also a true financial mastermind. His real estate portfolio, worth a staggering $100 million, is a testament to his financial savvy and acumen. From his luxurious mansions in Los Angeles, the south of France, and New Orleans, Brad Pitt has created a real estate empire that rivals even the most successful business tycoons. His ability to invest in prime properties, whether it be for personal use or for charity efforts, showcases his foresight and understanding of the real estate market. It is no wonder why Brad Pitt is considered a Hollywood icon and a financial force to be reckoned with.
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