Oprah Winfrey’s Properties: A Look Inside Her In depth Actual Property Portfolio
Oprah Winfrey’s attain actually is aware of no bounds. As of 2021, the mogul has amassed a internet value of $2.5 billion, based on Forbes, and has constructed an empire of philanthropy and media manufacturing and distribution. Given her many commitments, it is smart that Winfrey has made houses for herself in quite a few cities all through the USA. Although Montecito, California, has been her important base for greater than 20 years, Winfrey has additionally owned houses in Illinois, Florida, Hawaii, Colorado, and Washington state. She’s additionally owned, or at the moment owns, properties in Tennessee and Indiana, although she primarily bought these residences for household and associates. Right here, we’ve rounded up a handful of Winfrey’s actual property holdings, that are a powerful sampling of her eclectic tastes and illustration of her varied life chapters.
Considered one of Winfrey’s first massive actual property ventures was her buy of a condominium in Chicago’s distinguished Water Tower Place, situated alongside town’s Magnificent Mile. The unique buy worth was by no means publicly revealed, however in subsequent years, she snapped up three different items all surrounding the unique one, for $1.0625 million, $1.5 million, and $1 million, respectively, based on the Chicago Tribune. Mixed, the 4 items measured 9,625 sq. toes and featured 4 bedrooms and 5 full and two half loos. Winfrey in the end listed the big duplex for $7.75 million in January 2014, and at last bought it for $4.625 million in late 2015.
Across the similar time she was buying the final of the 4 adjoining condos in Water Tower Place, Winfrey additionally dropped $100,000 on a three-bedroom condo on the 4 Seasons Chicago. The famend luxurious lodge is located only a few blocks from Lake Michigan and never too removed from the Close to West Aspect, the place Harpo Studios, Winfrey’s multimedia manufacturing firm, was situated on the time. Winfrey in the end bought this property for $1.275 million in 2015, the identical 12 months she closed the studios for good and relocated to the West Coast.
This 12 months, Winfrey made a much-buzzed-about buy on unique Fisher Island, a 216-acre man-made island located simply off the coast of Miami. She paid an undisclosed quantity for a four-bedroom, six-bathroom penthouse condominium, which measured 6,170 sq. toes and boasted 20-foot ceilings, and an expansive oceanfront terrace. The unit was situated within the high-end Villa Del Mare condominiums, the place facilities included a billiards room, a biking path, a number of swimming swimming pools, and a spa. The residence itself was ethereal and light-filled, with a wood-burning oven within the kitchen and a spacious important suite with his-and-hers en-suite loos and dressing rooms. Winfrey ended up promoting the unit for a then extraordinary $6.5 million in 2001 to the previous chairman of Campbell’s Soup.
Winfrey started to set down roots for what’s now often known as the Promised Land, her sprawling dwelling in Montecito, in 2001. The media mogul paid round $50 million for the unique 42-acre unfold, which included a 23,000-square-foot Georgian-style home, a 6,000-square-foot redwood guesthouse, and an out of doors space good for a pool, tennis court docket, and a number of patios. Within the many years following, Winfrey continued to snap up close by properties to increase her holdings in Montecito; she nonetheless calls this sprawling mansion her important dwelling base.
That very same 12 months, Winfrey additionally bought a significantly extra modest four-bedroom Colonial-style dwelling within the Elmwood Park suburb simply outdoors Chicago for $298,000. The tv persona sank some cash into updating the roof and gutter system, the storage door, and the heating and cooling system, however in any other case left the two,250-square-foot dwelling as is. It in the end bought for $375,000 in 2018, leaving her with no extra Chicago properties.