Celebrities take pride in their palatial dream homes. With the ‘bigger is better’ attitude towards their homes, the A-listers of Hollywood, truly live like kings (and queens). Their luxury homes usually come equipped with everything one can dream of.
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But more often than not, big stars don’t pay outright for their homes, even though most of them can afford to. Instead, they take loans or mortgages that have them shelling out six-figure amounts monthly. These exorbitant mortgages also have these celebrities hustling every month to maintain their standard of living. Here is a list of Hollywood’s biggest celebrities, who have even bigger home mortgages.
Beyonce and Jay-Z
Beyonce and Jay-Z are among the wealthiest couples in Hollywood, given their combined income. But what is quite astonishing is their combined debt. The couple allegedly took a $53 million loan for their current Bel Air home, as per Daily Mail. Despite having a net worth that is close to $2 billion, they pay an estimated amount of $226,901 monthly for their 8-bedroom mansion.
Drake
Coming in second on this list is Canadian rapper Drake. The ‘One Dance’ singer bought a $75 million home from Robbie Williams. And he allegedly took a home loan of about $52.5 million for the 24,260 square feet home. Sitting in the prime locality of Beverly Hills, this home has every amenity one can think of. The singer-songwriter is allegedly paying $220K every month as mortgage repayments.
The Weeknd
Musicians seem to be topping this list of celebrities who buy extravagant homes with over-the-top loans. The ‘Blinding Lights’ singer allegedly took a loan of $48.3 million for his current 9-bedroom Bel Air crib. The total cost of the house is valued at $70 million. The luxury house is surrounded by an expansive 1.6 acres of gardens, and every amenity under the sun.
Sources used:
- Daily Mail UK: 'Beyonce and Jay-Z top list of most expensive celebrity mortgages'
- Pure Wow: 'Wait, Chrissy Teigen, Prince Harry & Beyonce All Have Mortgages? A Financial Expert Explains'
- Forbes: 'The Lessons Behind The Stories Of Celebrities, Mansions, And Mortgages'
