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Reading: Kanye West Closes Deal, Sells Gutted Malibu Mansion for $21 Million
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Kanye West Closes Deal, Sells Gutted Malibu Mansion for  Million
The Tycoon Herald > Entertainment > Kanye West Closes Deal, Sells Gutted Malibu Mansion for $21 Million
Entertainment

Kanye West Closes Deal, Sells Gutted Malibu Mansion for $21 Million

Tycoon Herald
By Tycoon Herald 2 Min Read Published September 26, 2024
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Kanye West Closes Deal, Sells Gutted Malibu Mansion for  Million

Kanye West can pop Champagne … as a result of he formally offered his gutted mansion catastrophe undertaking in Malibu.

Actual property sources inform TMZ … Ye simply closed on the sale of his controversial oceanfront property for $21 million.

Kanye infamously stripped the property down to its naked bones after initially scooping up the Tadao Ando-designed residence in 2021 for $57.3 million.


Yeezy reportedly wished to rework the house right into a bomb shelter, then seemingly obtained sick of the undertaking and bailed … itemizing the property for $53 million.


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TMZ.com

Kanye could not promote the place, although, so Ye and his realtor, “Selling Sunset” star Jason Oppenheim, chopped $14 million off the OG asking worth.

After one other worth drop, Kanye lastly offered the place to Belwood Investments, a “real estate crowdfunding firm” primarily based in California.

Belwood’s CEO, Bo Belmont, is already sharing his new imaginative and prescient for the mansion … he says the corporate goes to pour in one other $5 million in renovations to try to restore Tadao’s imaginative and prescient.

Jean-Baptiste Rugiero and Mehdi Maamri from The Company repped Belwood Funding within the deal, which is now formally official.

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