Tag: homes

Inside Angelina Jolie’s New Solo Home In LA

Newly single actress Angelina Jolie — who made headlines when she filed for divorce from Brad Pitt last year — has bought the historic former estate of Cecil B DeMille in Los Angeles, US.

A source close to Jolie told Vanity Fair she has entered escrow on the house in the LA hillside neighborhood of Los Feliz. The mansion was built in 1916 by DeMille and now sits on a 2.1-acre plot, along a street named after the legendary US filmmaker.

It most recently landed in the hands of novelist Richard Grossman and art consultant Lisa Lyons, who then put the property up for sale via Hilton & Hyland for US$24.95 million. Jolie reportedly purchased the six-bedroom home for near the asking price.

The listing describes the mansion to be of a Beaux-Arts architectural style. Jolie and her six kids will not only enjoy the main house, which underwent a six-year renovation, but they will also be able to frolic around a ‘multi-structure compound’, which features a detached garage house, a pool house with a fitness room and a separate studio guest house.

Gated and walled with gardens, paths and sitting areas; a classic Hollywood-style pool with arched fountains takes centre stage. The estate also promises Griffith Observatory views of La La Land clip-reel infamy.

Jolie’s new buy comes after the Maleficent star moved out of the palatial mansion she shared with Pitt in another part of Los Feliz. The former couple owned a multitude of properties together, including a mansion in New Orleans, which they sold in October 2016, and Chateau Miraval, where they tied the knot only three years ago. Despite rumours of a major sale, the French estate and its wine-making operations will continue running for the foreseeable future.

10 Best Cities For The Ultra Rich To Buy Luxury Homes

It’s the sort of decision dreams are made of: Where should you buy your luxury home?

Global wealth information company Wealth-X collaborated with Warburg Realty and Barnes International Realty to release an analysis of the top locations around the world for the richest of the rich to buy luxury homes. London claims the top ranking.

“Overall, London ranks as the most desirable city in the world for the wealthy to buy luxury property,” the report says. “The No. 1 ranking for London reflects its strength across the board, ranking in the top four places in more than half of the 11 indicators — cultural richness, luxury shopping, education, connectivity, financial safe haven, ease of doing business, and the number of ultra-wealthy individuals living in the city.”

Wealth-X defines luxury homes as those valued between $1.5 million and $8 million. Ultra-luxury homes are those worth over $8 million.

The ranking weighs practical and quality of life factors including cultural experience, educational opportunities, ease of doing business, connectivity, property taxation, and the city’s level of environmental consciousness. Convenient access by plane, leading universities and safety also contribute to a city’s position.