La Bellucia Has Plenty of Celeb History
We felt like making you feel even poorer than you already are today. This Ocean front home has had it’s share of owners’. Some pretty fancy ones if I may say so. This goregeous home known as La Bellucia, sold for $24 million in Palm Beach, Florida. It may not be just the home that makes this pricey estate what it’s worth. It might be for its previous owners.
The man that bought the residence is Jeffrey Greene, an LA real estate developer and billionaire. He bought the home from Malcolm Glazer. Glazer owns the Tampa Bay Buccanneeers and the Manchester United soccer team. This guy is so rich that he ranked 139 on Forbes.
Antoine Walker Sued For Slum-like Housing
Antoine Walker has problems and it isn’t with his game. Walker, NBA pro basketball star, is about to get in a whole lot of trouble from the city where he grew up for not paying attention to one of his real estate investments.
Antoine Walker has seen his fair share of trouble this year already but this will pile up on a man that earned over $100 million and an NBA Championship. His company, Walker Ventures LLC and AW Realty LLC, has a bunch of lawsuits filed against them primarily for poor management, damages, and a ton of debts.
Walker owns several buildings in the South Side of Chicago. One with a roach infestation, another with leaking pipes, and another with exterior damage. Walker might want to break out the tool belt as the lawsuits pile higher and higher. All of his properties have many problems in one way or another but excuses of a bad economy that the star has made won’t fly in Chitown for this millionaire.
Antoine might want to think about joining a team and getting another contract looking at his other investments.
Top Ten Celebrity Foreclosures in 2009
This year has undoubtedly been a disastrous year for everyone. When the small guy loses a job, you absolutely feel bad. When a celebrity loses one of their five homes or is wanted by the IRS, you can’t help but smile. How can you feel bad? They spent tons and tons and tons on a ridiculous first-class lifestyle and they got screwed just like everyone else. So without further adieu, here are the top ten celebrities in 2009 that are wanted by old Uncle Sam.
1. Joe Francis
-This guy is a sleezy crook and everyone knows it. Francis owes the IRS over $33 million for three years of non-payment. Guess the videos are running out. We know this guy may not be in foreclosure but $33 million…..seriously? Come on… This guy will be in foreclosure as soon as you know it. Since he is hated by every father in the world, he makes number #1.
2. Nicolas Cage
- Moving to the opposite end of the spectrum, Cage is a pretty cool guy. Unfortunately, he or his business manager missed a couple calculations when buying castles and now he has seen two homes go up for auction.
- Not only is this guy being accused of killing the King of Pop but everyone is after his wallet. He owes over $100k for the Las Vegas home he ran away to after the whole Jackson thing and also is wanted for not paying back $58,000 in student loans. Propofol anyone?
4. Octomom
Do we really have to write anything here about why she has financial troubles?
5. Michael Vick
- The dog-lover’s home has been foreclosed and gone back and forth to auction. The house is worth $3.2 million. This house might be haunted like the movie Pet Cemetery.
6. La Toya Jackson
- The Jackson family has always been in the news with financial troubles. La Toya Jackson refinanced her luxurious condo over and over again and now owes over $745k for a place she once paid $260k for.
- Now it’s just weird to call this loser a celebrity but that’s what the media made him into. We only wrote about him since some of the properties he had were just u-n-b-e-l-e-i-v-a-b-l-e.
8. Victoria Gotti
- The home featured in that Growing up Gottii show was facing foreclosure after the Gotti princess, Victoria Gotti, owed over $650,000 in payments.
9. Doug E. Fresh
- The old school rapper had a couple foreclosures on some homes in Harlem, NY. Still wondering how those homes cost over $3.5 million. It’s Harlem, not Beverly Hills.
10. Al Capone
- How? Yea, we know the gangster is long gone but he still can’t avoid foreclosure even while he’s gone. The Wisconsin home he once used as a hideout is now being foreclosed since the now tourist attraction isn’t attracting any tourist.
Feel free to let us know what you think of these celebs.
Extreme Makeover Foreclosures
Another one bites the dust from the Extreme Makeover TV Show featuring Ty Pennington. The Wilford family of Encinitas California are now facing foreclosure.
At least four other families featured on the show have been forced to sell their homes as they couldn’t afford it in the first place. The idea of the show is great but the reality of home ownership is a tough cookie to swallow.
