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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: mansion

mansion stories: 19 news summaries

Wells Fargo Exec Squats in Foreclosed Beach House

Owner of $12M spread was Madoff victim

(Newser) - Wells Fargo has tried to distance itself from an executive who allegedly hung out in a bank-owned $12 million beach house, promising “decisive action” against any employee “who may have violated Wells Fargo’s policies.” Cheronda Guyton, the senior VP in charge of foreclosed commercial properties, allegedly... More »

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(Newser) - An opulent, rent-free mansion complete with staff is one of the perks of the job for many university presidents but the luxury is beginning to grate on financially strapped campuses, the Boston Globe reports. A chorus of complaints can be heard on campuses hit by layoffs, and universities like Harvard... More »

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MIT Harvard universities campus mansion Harvard University

 Celebs Headed 
 for Foreclosure 

Jacko, Canseco, Ed McMahon fight for roofs over their heads

(Newser) - Even the famous aren't immune to foreclosure, as these celebrities, listed in Forbes, prove:
  • Xzibit: A pimped ride hasn’t been enough to pay the bills on his $536,000 Woodland Hills, Calif., home.
  • Jose Canseco: The ex-ballplayer, who penned a book on big-league steroids, stands to lose
... More »

 Oprah's House Evacuated 
 as Wildfires Rage 

Calif. fires come within a few miles of host's $50m home

(Newser) - Oprah Winfrey's mansion in Montecito has been evacuated as wildfires rage a few miles away in Santa Barbara, a source tells Us Weekly. Movers have been seen shifting the talk show host's belongings from the $50 million home. The fires have forced more than 30,500 people from their homes... More »

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Hef Party Pad
Up for Sale at $28M

Original playboy downsizes as sons head to college

(Newser) - Octogenarian player Hugh Hefner and wife, Kimberly, have put their plush pad next to the Playboy Mansion up for sale for $28 million, reports the Los Angeles Times. The "sister party house" is a 7300-square-foot English Manor-style home. It features a hand-carved staircase, leaded windows, five bedrooms, seven bathrooms,... More »

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real estate sex Playboy mansion Hugh Hefner Playboy Mansion Howard Stern Grid

(Newser) - The mansion that late producer Aaron Spelling built in 1991 is on sale for $150 million, making it the most expensive home for sale in the US, the AP reports. The 56,500-square-foot home, the largest in Los Angeles County, sits on 4.7 acres near the Playboy Mansion. Neither... More »

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real estate Los Angeles home prices mansion Aaron Spelling Candy Spelling

Chrysler, Merrill CEOs Passed Houses to Wives, Too

Fuld not the only one hiding assets

(Newser) - Dick Fuld’s wife isn’t the only one getting a discount mansion. Chrysler CEO Robert Nardelli and ex-Merrill Lynch honcho Stanley O’Neal have followed Fuld’s lead, handing their multimillion-dollar homes to their spouses, according to property records obtained by the New York Post. Such... More »

(Newser) - It's not been the best of years for the titans of Wall Street: a few federal bailouts, a housing collapse, and now a Ponzi scheme of mind-boggling proportions can do that. "Where did all that money go?" wonders the website wowOwow.com. And it has a partial answer: Straight... More »

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CEO James Cayne Angelo Mozilo Stanley O'Neal John Thain mansion bankers Daniel Mudd Richard Fuld Bernard Madoff

GLOSSIES

$30M Mansion
Sinks Hearst 
Heiress 

Spendthift widow overspent on lavish home, lifestyle

(Newser) - Even America's wealthy can live beyond their means, and Veronica Hearst—widow of Randy, the son of newspaper mogul William Randolph—outspent her fortune by millions, Vicky Ward writes in Vanity Fair. Her undoing was the July 2000 purchase of a $30 million mansion in Florida once owned by the... More »

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foreclosure heiress millionaires mansion Veronica Hearst

McMahon Home Woes Persist

Mystery buyer drops out, but Donald Trump may still spring for Beverly Hills mansion

(Newser) - Ed McMahon’s money woes continued this week when the sale of his house fell through. The mystery buyer who had topped Donald Trump's offer "did not perform on a specific point of the contract," McMahon's realtor said—although Trump's bid is apparently still on the table. McMahon's... More »

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Donald Trump foreclosure celebrity Beverly Hills subprime crisis mansion Ed McMahon

UK Cops Hunt Millionaire Family in Arson Attack

Failed businessman 'not to be trusted,' according to judge

(Newser) - British police have issued an "all-ports" alert for a family whose mansion was mysteriously gutted by arson this week, the Independent reports. The charred remains of  the home are still unsafe to enter and police are unsure if the bodies of Christopher Foster, his wife and their teenage daughter... More »

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 Trump Sells Mansion for $100M 

US real estate record for the Donald's Palm Beach estate

(AP) - The real estate market may be slumping, but not for Donald Trump, who sold his Palm Beach mansion to a Russian fertilizer billionaire for $100 million, the AP reports. It's the most ever paid for a US estate, a spokesman claims. "In an age of so many people getting... More »

 Aretha Sings Foreclosure Blues 

Lawyer's $445 tax mistake puts Franklin's Detroit pad at risk

(Newser) - Aretha Franklin’s mansion is in foreclosure after the Queen of Soul flubbed her taxes, TMZ.com reports. Franklin owes $19,192 in back taxes, but she says she’ll pay before the March 31 deadline. The singer faults her lawyer for a 2005 mistake over $445 in taxes and... More »

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music taxes Detroit foreclosure celebrity lawyer Aretha Franklin Queen of Soul mansion late fees

Queen's Digs Found in Holy Land

Queen lived among the poor of ancient Jerusalem

(Newser) - Queen Helene of Adiabene, ruler of parts of Iraq, apparently had a pied-a-terre in the seedy part of Jerusalem 2,000 years ago, according to an archaeological team that has unearthed the mansion. Now it’s prime real estate in the Arab quarter, forming the foundation of a parking lot... More »

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Shaq Files for Divorce

Marriage to mom of  four of his kids 'irretrievably broken'

(Newser) - Shaquille O'Neal has filed for divorce from his wife of 5 years, Shaunie, the mother of four of his five children. The petition filed on behalf of the Miami Heat center and aspiring law enforcement officer says the marriage is "irretrievably broken," the Miami Herald reports. More »

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NBA divorce basketball Miami Heat Shaquille O'Neal Shaunie Nelson O'Neal mansion

Black May Lose Wealth Along With Freedom

Prosecutors trying to grab 100M in assets from former tycoon

(Newser) - Convicted of fraud and obstruction of justice, media mogul Conrad Black now stands to lose his vast fortune, the Guardian reports. Although Black was cleared of the most serious charge against him--racketeering--the fraud conviction allows a raid on his assets. The prosecution is specifically targeting his Palm Beach, Fla. mansion,... More »

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Hearst Mansion on Sale for Record $165M

Beverly House the nation's most expensive residential listing

(Newser) - Beverly House, a gargantuan pink stucco mansion in Beverly Hills once owned by William Randolph Hearst, is on the market for a cool $165 million, making it  the most expensive residential listing in the nation. Runners up are an estate in Big Sky country on the market for $155 million... More »

Judge Fumes
as Paris Goes From Big House to Big House

Sheriff ignores order not to spring socialite

(Newser) - A livid judge ordered Paris Hilton to appear in court today, prompting speculation that the heiress may be headed back behind bars after a night of beauty rest at her Hollywood Hills mansion. Prosecutors charged that the sheriff who released her for mysterious "medical" reasons after just three days... More »

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Paris Is Liberated

Serial reckless driver shifted to house arrest, picks up snazzy
ankle bracelet

(Newser) - Jailed heiress Paris Hilton will get to do her time from her $3.1 mil Hollywood Hills mansion, due to an unspecified medical complication. The celebutante started what should have been a truncated 23-day sentence for reckless driving Sunday, but was transferred to a full 40 days of house arrest... More »

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19 Stories