Dwayne Johnson’s extravagant house in Beverly Hills came a long time post his life’s struggle financially. While he now has one of the biggest and most expensive houses in Hollywood at the moment, the actor previously resided in a much smaller and less costly home. As his net worth grows despite taking a lot of losses as of late, it’s a miracle to wonder how he started with just $7 in his pocket.
His life now is as lavish as one can imagine seeing that his net worth is nearing $1 Billion. That is a dream only a few Hollywood celebrities can achieve and Johnson seems to be racing to the top without looking back. However, the question of whether or not the loss he faced while selling his old house is still one to wonder.
Dwayne Johnson Sold His Georgia House With A Loss Rather Than A Profit
Before Dwayne Johnson moved to Beverly Hills, he had a house in Georgia. Although it was nothing compared to his current home, the place was magnificent on its own. In fact, the mansion was so stunning that it had its own horse farm. With wide plank and old-growth walnut flooring, the house included eight rooms and nine bathrooms. It even had stone fireplaces with high ceilings and enough windows to let in a good amount of natural light.
He initially bought the house for $9 Million. However, while selling it, he suffered a major loss of $1.5 Million as his house went for $7.5 Million. Even though he was living there happily, the actor made the decision to move to LA in order for him to make the entire process of filming in the Hollywood industry much easier. He purchased the house in 2019 but gave it up only two years later in 2021. With his current expenses and net worth, it is doubtful whether or not the loss even made a dent in his daily life.
Dwayne Johnson’s Beverly Hills House Screams Comfort And Luxury
Dwayne Johnson purchased his current Beverly Hills house for $27.8 Million, making him equal to Oprah and Michael Jordan who paid just as much for their homes as well. The house is much bigger than his previous one. Furthermore, it is the biggest mansion in his area where more celebrities also reside. The previous owner of his home was Paul Reiser, a comedian who currently sits with a net worth of $75 Million.
The property includes a soundproof gym, an indoor and outdoor pool as well as a spa, a tennis court, a baseball diamond, a recording studio, a movie theatre, and an elevator. The deal was made privately and was successfully passing the ownership from Reiser to Johnson.
Source: Realtor
