Madonna made money on The Weeknd

2023-07-08 23:30:27

Alena Fadeeva

1 time ago

Madonna Pop diva made good money on the resale of the house, although the stubborn Korean managed to bring down the price.

In 2021, Madonna bought a villa from Canadian singer The Weeknd (Abel Tesfaye) for $19.3 million. But she didn’t begin to live there, but she wanted to make good. In April 2022, the owner put the house up for sale for $26 million. When no buyer was found, Madonna lowered the price to $23.5 million. And the other day she sold the property from her hands.

The Weeknd

The estate was bought by Korean crypto billionaire Kim Hyun-nyong. Its representatives bargained to the point of numbness and extorted a $500,000 discount from the singer. Still, Madonna’s net profit was $3.7 million.

Photo source: Globallookpress.com/© Manuele Mangiarotti, Social media

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Alexandra Hartman Editor-in-Chief

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