All Articles Tagged "mansion"
Celebrities make a lot of money, and with that money comes an expensive wardrobe, nice cars, vacations all over the world, and of course, multiple homes. Though the Hollywood elite make more money than many of us will ever have in a lifetime, sometimes some of them aren’t so money-wise. Here are 14 celebs who foreclosed on their homes, but thankfully, most of them have plenty of other places to call home.
Rodney P. Hunt made a name for himself by becoming one of the most successful black-owned government contractors in the country. And he wasn’t shy about it; he let everyone know about his success, talking up the lavish $23.1 million mansion that owned on the riverfront in McLean, VA. We say “owned” because the house is scheduled to be sold at auction on September 27, reports The Washington Post.
At one point, Hunt’s wealth was estimated at $265 million. The co-founder of RS Information Systems, a tech company launched in 1992, he sold that company in 2007. His son was featured on MTV’s Teen Cribs (you can watch a clip via that Washington Post link), his company employed 1,700 workers at one time and RSIS stayed on the Inc. 500 list for years.
But despite his actual success, Hunt felt the need to exaggerate, inventing college degrees, a partial ownership of the Washington Nationals baseball team and even a visit from President Obama when he was a candidate on the campaign trail four years ago. Now, he’s in default for $9.4 million on his lavish Potomac River mansion, owes $10 million for loans and bad investments and hasn’t responded to media inquiries. He has a music label, RPH Entertainment, that reps a number of little-known acts and one, Big Pokey, that WaPo says you might know.
In case you’re shopping for some property, the McLean mansion is equipped with a bowling alley, indoor basketball court and a 15-car garage. Hunt at one time said it covered a total of 53,000 square feet. (He also called his son Bradley, aka rapper Kid Named Breezy, “The Chosen One.” Yikes.) You would need a $100,000 certified check in-hand to purchase.
After the huge success of his tech business, it sounds like Hunt got a little too big-headed and is now paying the price. No one wants to hear a story about someone losing their home or livelihood, but it is a cautionary tale.
More on Madame Noire Business!
- Census Shows 27.6 Percent of Black Americans Live in Poverty
- No to OWS: Jay Says He Never Supported Occupy Wall Street Movement
- Vh1′s Jackie Christie and Stylist Rochelle Moseley Encourage Next Generation of Entrepreneurs
- Put Your Pride Aside: Why You Should Take The Job You Need Until You Can Get The One You Want
- Celebrities, Freebies and (Maybe) Some Shopping: A Look at Fashion’s Night Out
- Vogue’s First Fashion Week In Africa Highlights Renewed Interest in the Continent
Fantasia’s house is on the market. Though she purchased her North Carolina mansion for $1.3 million in 2007, TMZ is reporting that the American Idol winner is selling the home for $800k, taking a $500,000 lose if it actually sells for her asking price. Living in this Charlotte home hasn’t been without its struggles; in 2009, Fantasia nearly lost the property due to foreclosure. She was able to save it at the last minute.
We hope that she’s selling the home because she truly wants to move on and is not in any type of financial trouble. Either way, selling it is better than losing it. We wish Fanny the best of luck.
More on Madame Noire!
- Nip & Tuck: Women Who Slipped Their Plastic Surgery By Us
- There Goes the Neighborhood: 8 Ratchet Things You See When The Temperature Rises
- Convenience or True Love: Which Is Your Relationship Made Of?
- MAD MEN: Male Celebrities Who Always Look So Mean!
- Real Love: Weird Signs Of A Good Relationship
- You Can’t Handle The Truth! Things Men Lie About To Spare Our Feelings
- 7 Ways to Encourage Yourself
- Watch Your Mouth! Things You Should Never Say To Your Man
Has anyone else ever seen the film, War of the Roses, starring Michael Douglas and Kathleen Turner? If you haven’t, here is the quick summary: it’s about a couple caught up in a bitter divorce who refuse to give up the house they both once lived in while happily married. To get the other person out, they do the most ratchet of things, and in the end [SPOILER ALERT], they wind up destroying the house because of all their beefing. Well, it looks like we might have a real life War of the Roses on our hands, folks.
According to the folks over at TMZ, Deion and Pilar Sanders will continue to share the same residence, even as they go through their divorce proceedings. Even worse, they will continue to live together after Deion’s oldest daughter publicly called Pilar out for allegedly cheating and being a bad mother (again, come get your kids!), embarrassing her stepmother. However, they might be able to stay out of each other’s way, and the kids can even keep their distance too, as the house that the soon-to-be ex-couple resides in is a whopping 29,122 square feet. The home has 10 bedrooms and 13 bathrooms on 109 acres. As crappy as this setup does indeed sound, Pilar has no plans to gather up those boxes of clothing she packed (that her angry stepdaughter tweet pic’ed) and leave, so let the battle continue!
I’m sorry folks, but I couldn’t go through with a hot mess agreement like this, especially if my husband’s children are attacking me and not being set straight. But then again, I’m not sure what they both should do. I’m so used to hearing about men manning up in these situations and moving out and letting their soon-to-be ex and kids stay in the home, but like Pilar, Deion doesn’t seem to be going anywhere anytime soon. So what do you think? Who should go?
More on Madame Noire!
- Yesterday’s Year In Review: The Good and Bad of 2011
- The Top 10 Most Shocking Celebrity Scandals of 2011
- Deuces Before The Due Date! Couples Who Split With Babies On The Way
- Celebrity Hair Spotlight: Selita Ebanks
- Should a Man’s Religion Affect Your Dating Decisions?
- Mane Magic:Ways To Color Your Hair Without Dye
Comedian and actor, Chris Tucker, may be facing foreclosure of his $6 million dollar mansion. Tucker purchased the home in 2007, the same year “Rush Hour 3″ was released and the housing market started to deflate.
SunTrust Bank in Florida filed the papers saying Tucker owed over $4.4 million on the home which features a personal spa, swimming pool and pirate ship themed basement.
Although “Rush Hour 3″ was a box office hit, it was Tucker’s last film.
More From Madame Noire!
Shereé Whitfield of Bravo’s Real Housewives of Atlanta fame might be facing eviction yet again — this time from her rented mansion.
Read more from our AOL BlackVoices partner story here.