Brad Pitt boasts an impressive real estate portfolio, netting him a seven-figure profit last year, much of which made headlines during his divorce from Angelina Jolie.
Hollywood actor Brad Pitt has revealed that as well as being an award-winning actor, he is also a savvy property tycoon with a property portfolio worth $72m (£57m).
The actor’s fortune collection spans all of Los Angeles, including Beverly Hills, New Orleans and even Europe, and netted him $31 million (about £24 million) last year. As his divorce from ex-wife Angelina Jolie progresses, the extent of Brad’s real estate success is also being debated, and the details of his impressive property portfolio have come under widespread scrutiny. The actor has been buying and investing in real estate since 1994 and has made huge profits from his portfolio in almost 30 years.
One of the “Fight Club” actor’s most notable victories came last year when he sold his family’s property. Originally purchased over 30 years ago for $1.7m (£1.3m), it was sold for a staggering $33m (£26m), making a profit of $31.3m (£24.7m). . The property included a skate park, a secret cave, and three pools, and was where Brad and Angelina settled with their family, including their six children. The two married in 2016 but broke up just two years later.
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The star has also made significant profits from other real estate investments, including three studios in Los Angeles’ Frogtown neighborhood. He also made a historic investment by purchasing American author DL James’ former home in Carmel, California, for his $40m (£31m) without a mortgage. His previous home with ex-wife Jennifer Aniston was also worth $45 million (about £35 million).
One real estate investment that has been hotly debated in the wake of Brad and Angelina’s divorce lawsuit is the French winery and vineyard Chateau Miraval. Originally purchased in 2008 for $60 million (£47 million), the winery has 35 rooms, boasts 1,000 acres and is known around the world, especially for its rosé wines. Chateau Miraval is also where the couple had their private, intimate wedding in 2016 before splitting just two years later.
Vanity Fair previously reported that in 2011, the couple appeared to have reached an agreement in which Brad would buy half of Angelina’s business and real estate. However, the deal reportedly stalled in 2016 when Brad tried to sign an NDA that would prohibit him from speaking publicly about the infamous altercation in front of his ex-partner’s children on board his ex-partner’s private jet, which led to It is believed that this was the reason for the breakup. However, it has been claimed that Angelina may have stuck to the NDA before ultimately backing out of her contract.
As divorce proceedings progressed, it was revealed that Angelina had sold her half to Russian billionaire Yuri Scheffler, a move that reportedly surprised Brad. Last year, Brad’s impressive property portfolio earned him more than $30 million (£23 million), making him second only to fellow actor Mark Wahlberg as a celebrity property investor in Hollywood.
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