Mark Wahlberg makes unbelievable profit as he sells his Beverly Hills mansion
Mark Wahlberg has made more money in profits than most of us could hope to see in our lifetimes after successfully selling his sprawling mansion in California.
Because if anyone needs more money, it's the rich and famous Hollywood movie star.
Wahlberg played an absolute blinder when he bought his home for $8.25 million (£6.8m) in 2009, because despite that alone being a huge chunk of money, the mansion turned out to be a very, very good investment.
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Located in the exclusive North Beverly Park gated community in Beverly Hills, the estate spans 30,500 square feet and features 12 bedrooms and a whopping 20 bathrooms. Just in case you and all of your family and friends need to go at the same time.
Together with his wife, Rhea Durham, Wahlberg put in five years of renovation at the home in a bid to turn it into a Mediterranean-style paradise.
It's really more of a resort than a home, as it comes kitted out with a fitness centre, a tennis court, its own cinema, a five-hole golf course, a skate park and a pool.
“Essentially this is your own private country club,” the listing said.
The impressive features don't stop there, as there's a two-story entryway, staff quarters, a wine cellar and a tasting or smoking lounge.
You'd essentially never have to leave if you lived there, but Wahlberg decided to pack up and move on in April 2022, when he listed the home for a staggering $87.5 million (£72.9m) - almost $80 million (£66m) more than he bought it for.
The actor had obviously decided to shoot his shot and see how much he could get for the estate, but it didn't sell immediately and Wahlberg decided to take the property off the market in October.
The following month he decided to drop the price slightly to $79.5 million (£66.2m), but it wasn't until last week that he successfully sold the mansion for $55 million (£45.8m), making a profit of $46,650,000 (£38,900,000).
The sale comes after Wahlberg told The Talk that he wanted to move to give his kids a 'better life', saying: "I want to be able to work from home. I moved to California many years ago to pursue acting, and I’ve only made a couple of movies in the entire time that I was there.
“So, to be able to give my kids a better life and follow and pursue their dreams, whether it be my daughter as an equestrian, my son as a basketball player, my younger son as a golfer, this made a lot more sense for us."
The person who handed over the $55 million for Wahlberg's home has not been identified.
Topics: Mark Wahlberg, Money, Celebrity, US News
Emily Brown