10 celebrities who made millions of profit in the Property Market 2023

Mark Whalberg made profits of $46.7m in the Property Market 2023

Agent Advice, a property firm, conducted a comprehensive analysis of over 130 celebrity-involved property sales in the United States from January 2023 onwards. Their results concluded a number of celebrities made million of profit in the property market in 2023

Mark Wahlberg:

• Sold his 30,500 square-foot mega mansion in Beverley Park, Southern California, for $55 million in February. Originally listed at $87.5 million, experiencing a 37% price reduction.

• Purchased the land for $8.25 million in 2009, realizing a substantial profit of $46.7 million.

Brad Pitt:

• Sold his Los Feliz compound for $33 million in April, a property where he raised his six children with Angelina Jolie.

• Purchased the 6,700 square-foot mansion over three decades ago for $1.7 million, making an impressive 1,840% profit.

Celine Dion:

• Sold her 31,000-square-foot mansion in Las Vegas for $30 million in May, triple the amount she initially paid in 2017.

• Renovation led to a remarkable $20.8 million profit from the property's initial purchase price.

Diane Sawyer:

• Sold her coastal Massachusetts vineyard for $23.9 million to healthcare investor David Malm in a swift sale.

• Purchased the picturesque estate known as "Chip Chop" for $5.3 million, securing an incredible profit of $18.6 million.

David Ortiz:

• Achieved a record-breaking $10.55 million deal for his Floridian mansion after purchasing the land for $1.5 million in 2016.

• Sold the property after just four months on the market, making over $9 million in profit.

Judd Apatow:

• Secured a remarkable $9 million profit for his Brentwood property, selling it for $27 million in October.

• The property, initially purchased for $18 million in 2009, boasts over 10,000 square feet of space.

James Corden:

• Sold his 8,600 square-foot Brentwood mansion for $17 million in July, making a 75% profit from his $9.7 million purchase in 2017.

• Relocating to the UK, Corden passed on the property at a price of $4.8 million below the asking price.

Oprah Winfrey:

• Bid farewell to her Montecito ranch house priced at $14.2 million, making a commendable profit of over $7.2 million from the $7 million purchase in 2005.

• Sold another Montecito compound to Jennifer Aniston for $14 million in September.

Quin Snyder:

• Sold his Utah mansion for $6.8 million, despite dropping over 40% from the initial asking price.

• The 12,000 square-foot residence includes eight bedrooms, ten bathrooms, and unique amenities like a pickleball court and saltwater infinity pool.

Russ Weiner:

• Sold one of his Beverly Park properties for $25 million, making a $6.4 million profit from the $18.6 million purchase in 2018.

• The 10,575 square-foot residence was sold after 41 months on the market to NoHo tech CEO Tony Safoian.

Chris Heller, co-founder of Agent Advice, highlighted the impressive profits made by these celebrities, showcasing the resilience and allure of the luxury property market. The analysis revealed patterns in optimal selling times, providing valuable insights for both celebrities and potential property investors.