They’re not exactly fixer-uppers, but Hollywood heavy-hitters like Ellen DeGeneres and Jennifer Aniston fix ’em up anyway. Houses, that is. Big beautiful houses that they buy, renovate and flip for a profit–as if endless Friends syndication and The Ellen DeGeneres Show loot weren’t doing enough to pay the bills. The rich get richer goes the old adage and it sure applies in the LA real estate market. Ellen DeGeneres bought a dream house just six months ago for–hold on–$40 million. But just six months later Ellen woke from that particular dream and sold the same pad to billionaire Napster/Facebook dude Sean Parker for $55 million–according to Erin Carlyle at Forbes.
Celebs have the brand names that help a house’s value whether the crown molding is to die for or not. People like to say things like “this used to be Jennifer Aniston’s house.” And they get to say it, in Aniston’s particular case, pretty often. Forbes says the former friend is a big time flipper–and they’re not talking about going from one man to another in search of romantic bliss. Aniston has sold more than a few houses she once considered home–and all of them at a Brad-Pitt-kind-of -handsome profit. Pimco bond fund billionaire Bill Gross famously wants to keep interest rates low. Maybe it’s because he paid Aniston $42 million for a house in 2011 that she paid less than $15 million for just five years before.
