Hollywood star Tom Cruise sells mansion for $40 million
The house has seven bedrooms, nine bathrooms, a tennis court, a swimming pool, a children’s playground and a couple of guest housesreal estate Updated: May 24, 2016 17:08 IST
Hollywood star Tom Cruise has sold the 10,000 sq ft Los Angeles mansion he shared with his former actress wife Katie Holmes for $40 million (Rs 266 crore), after slashing almost $10 million off the asking price.
The buyer is billionaire Leon Black, who’s worth $4.7 billion. Black owns a private equity firm, says a report published in TMZ.
The house has seven bedrooms, nine bathrooms, a tennis court, a swimming pool, a children’s playground and a couple of guest houses, the report said.
The house is currently in escrow. The actor originally listed the home for $50 million, reports said
Cruise and Holmes purchased the home for $30.5 million in 2007, one year after their daughter Suri was born. The pair divorced in 2012.
News reports said that the 53-year-old actor has been quietly offloading his properties lately. In October, he sold his gated Hollywood Hills home to actress Eva Longoria for $11.4 million, The Los Angeles Times reported.
He put his 33-acre retreat in Telluride, Colorado, which he designed himself, on the market last year for $59 million.
The Edge of Tomorrow star also sold his relatively-modest two-bedroom apartment in New York’s East Village for $3 million in 2013.