Rihanna Expands Her Real Estate Empire with a $10 Million Home Next Door
Global pop phenomenon and entrepreneur Rihanna has made another major step in the luxury real estate game. The 33-year-old superstar apparently purchased for $10 million the house adjacent to the $13.75 million mansion she acquired at the end of last year, located in Beverly Hills, California. This purchase reflects a growing portfolio in real estate on the part of Rihanna, and her status among one of the richest women in music.
Rihanna’s Property Upgrades
Rihanna has purchased yet another mansion, as reported. This time, it is a 5,000-square-foot Tudor-style house in the Beverly Hills Post Office neighborhood. The sale was finalized this March. This is Rihanna’s second significant property purchase within the last year. This property in Los Angeles’ super rich hills boasts five bedrooms and five bathrooms, infusing classic architectural elements with modern luxuries.
The new house complements the 8,000-square-foot modern farmhouse-style mansion purchased by Rihanna last year for $13.75 million. The two properties sit side by side, representing a total investment of nearly $24 million, further underscoring her continued investment in high-end real estate. Both properties were purchased through trusts managed by Evan Jehle, a partner at Rihanna’s business management company and a trustee for her Clara Lionel Foundation, which focuses on education and emergency response around the world.
Inside the New Tudor-Style Home
Rihanna’s latest acquisition is a beautiful house with an old Tudor style, bringing traditional taste onto the place with fitting of modern amenities. With large exposed ceiling beams and loads of intricately carved wooden details, the house gives an elegant warmth. Five bedrooms and five bathrooms also dot the spacious property which will give the star and her guests enough places to live in.
This property is characterized by having a sauna, half-basketball court, and swimming pool; thus, one has options to relax or engage in entertainment activities. A lush outdoor area is ideal for hosting a get-together or just basking in the sunshine of California in private, as tall hedges block the view from the outside into the property.
Though sold for a bit more than $5 million last year 2015, the deal made to Rihanna at $10 million represents an appreciation in luxury property value that the society has enjoyed about the much-sought Beverly Hills area. It also helps to explain why Rihanna would favor grand yet unpretentious homes that are comfortable and stylish.
A Growing Real Estate Portfolio
Among these properties is Rihanna’s new house that has added to her array of expanding real estate empire. She has an interest in real estate, and the world has witnessed her collection of mansions sprawling all over continents. Apart from property-owning homes in Beverly Hills, Rihanna has been associated with luxury houses in Los Angeles, New York, and London.
In London, she lived in a spacious Victorian mansion in the exclusive St. John’s Wood area, before moving to the U.S. She has now been seen returning to the United States, but this still added new zest to interest in real estate investment as promoted by the artist, especially in California, where she had continued to invest in multi-million-dollar properties.
Her real estate investments are part of a broader strategy she has taken to diversify her investments beyond just music, positioning her as one of the richest women in show business. According to Forbes, Rihanna stands out as the richest female artist globally with an estimated $600 million net worth of assets. Much of this wealth can attribute to successful business ventures like Fenty Beauty and Savage x Fenty.
The New Farmhouse Home
Rihanna’s own original Beverly Hills mansion, which she bought in the last year of 2022, had already been fully renovated before her purchasing it. In fact, real estate investor Daniel Starr was the one who gave the house its full facelift when he acquired the property in 2016 for a whopping $4.3 million and even appeared on television’s popular real estate show “Million Dollar Listing.”.
This modern farmhouse boasts sleek black roof, white oak floors throughout this beautiful open floor plan, where indoor seamlessly blends to outdoor, perfect style and function. Several fireplaces scattered throughout the house multiply coziness. Large windows and tall hedges ensure secrecy from the outer world. The property also consists of several amenities at the outdoor landscapes and lounging areas.
Not to mention it is close to Rihanna’s newly purchased Tudor-style home, making this modern farmhouse a part of one of Rihanna’s best deals. Both properties offer Rihanna a total amount of private space in one of the most in-demand neighborhoods in Los Angeles.
The Billionaire Entrepreneur
In addition to that, there is much more to Rihanna’s empire given that she has transformed from being only a pop star towards becoming an effective entrepreneur in the last few years. Her cosmetics line, Fenty Beauty, where diversity and inclusiveness are championed, has proven to be a smash hit and brought her a large portion of the amassed $600 million fortune.
She has also expanded the business further through Savage x Fenty, a very successful lingerie line that has further disrupted the fashion industries. These business exploits make her one of the most influential personalities in the beauty and fashion sectors, resulting in tremendous riches.
Her return to the U.S. may signify renewed efforts at further expanding her business ventures on American soil. Whether for talking about her music, her fashion, or real estate endeavors, Rihanna makes headlines and keeps moving boundaries to place herself among the most successful women in entertainment.
Conclusion
A Tudor-style $10 million abode joins Rihanna’s ever-expanding portfolio of properties, situated right next to her modern farmhouse worth $13.75 million. Part of the richest women in music, she continues to strategically invest with luxury properties as much for her portfolio as for a personal retreat. With her Bev Hills buys, Rihanna is not only turning into a real estate magnate but is also collecting fruits of her labours.
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