In 2006, he created The O’Neal Group, a real estate company based out of Miami. Shaquille O’Neal invested his earnings as a basketball star wisely. It is branded for Exclusive Resorts and includes two boutique hotels, an Agassi-branded tennis center, 2,000 homes, a spa and a golf course. One of their greatest achievements was partnering with AOL co-founder Steven Case on Cacique, a 650-acre gated community in Costa Rica. In the mid-2000s they launched Agassi Graf Development, a company that focuses on developing luxury hotels and resorts. These married tennis greats are also looking beyond their career as athletes by building their real estate fortune. Image credit: Andre Agassi and Stefanie Graf Inside Matthew McConaughey most recent real estate purchase, a $7.8 million house in Hawaii which sits on a one acre lot. His latest acquisition? A one-acre property at the luxury Kukio Resort on the Big Island of Hawaii purchased for $7.8 million.
#Vanilla ice house flipper license#
Austin is where his career first started taking off, and it’s also where McConaughey got his real estate license and realized he had a knack for investing. He also owns a 10,000 square foot mansion in his hometown of Austin, TX where he has been quarantining with his family. He is maintaining a foothold in Malibu holding on to a fleet of Airstream trailers that he uses for office space. In 2020, he sold his Malibu home - which he purchased for $10 million back in 2007 - for a cool $15 million, increasing his investment by 50%.
Matthew McConaughey may be best known as an actor, but he has grown his wealth considerably through real estate investments.
He is also the CEO of his own real estate company, A-Rod Corp. The company specializes in multi-family unit renovation, custom build projects, commercial construction for education and mixed-use purposes and high-end residential expansion. He has been building his real estate portfolio for years and even co-founded Newport Property Construction in 2008. This former all-star Yankee has a lucrative career to fall back on. Image credit: Architectural Digest Alexander Rodriguez The Bel Air mansion Jennifer Aniston shared with Justin Theroux, which she later sold for a whopping $75 million. After the couple split, the actress sold the home for a whopping $75 mil, more than tripling her investment. Whatever renovations took place at that time paid off. More recently, Aniston and her former husband Justin Theroux purchased a Bel Air mansion for $21 million and spent a few years renting a nearby property until it was move-in ready. The publicity helped her sell it for a $35 million price tag, allowing her to more than double her investment. After purchasing the property for $13.5 million, she invested time and money on renovations that got it featured in Architectural Digest. The buying and selling of her Beverly Hills mansion took a well-honed strategy. She’s spent the later part of her career exploring real estate in California, and loves the creativity that comes with each new project. Smart, rich and beautiful, Aniston is definitely a triple threat. The Brody House, a Holmby Hills estate neighboring the Playboy Mansion which Ellen Degeneres and Portia De Rossi bought for $40 million and sold a year later for $55 million. The two have bought and sold quite a few homes throughout the Southern California area, some to fellow A-listers like Ariana Grande, Ryan Seacrest and former Google CEO Eric Schmidt. In one of their most profitable real estate ventures, the celebrity couple purchased the Brody House for $40 million and were able to quickly turn it around for a $15 million profit. She joined forces with her wife, Portia De Rossi, and the two have become major players in the real estate game. Things have been shaky for Ellen DeGeneres lately, so it’s fortunate that she has taken the money she earned as a comedienne and talk show host and invested it wisely. Here are some quite famous celebrities that dabble in real estate and made some terrific investment choices.
Now, we’re not advising you to call up any of these people when you are looking to buy or sell a property, but if you are looking to get into the real estate game, you might like to know that you are in good company. Some even went as far as getting a real estate license to save up on additional costs and pocket more of their earnings. And several big-name celebrities were quick to join the game and put their money to work. The real estate industry’s ability to build wealth makes it appealing to well-off investors. And no, we’re not talking reality show glam (though we would never dare skip an episode of Million Dollar Listing or Selling Sunset). But it’s also far more glamorous than you might think. It’s no secret that real estate is a very lucrative business.
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