This story first appeared on Top Ten Real Estate Deals
With a net worth over $200 million and annual earnings about $80 million, like other million and billionaires searching for a safe place to put their money in an upside down economy, Taylor Swift turns to real estate. She has bought, sold and profited on real estate from Nashville, Beverly Hills, Massachusetts, Rhode Island and Manhattan. Her latest acquisition is the Samuel Goldwyn estate in Beverly Hills.
Built in 1930, the home of the late film producer is on almost two acres behind the Beverly Hills Hotel. Spanning 10,982 square feet of old Hollywood elegance, the mansion has seven bedrooms and ten baths. The design is in keeping with the airy California style but with the element of tradition which has proven to appeal to Taylor in her previous purchases. From the gated motor court through the formal entry, formal rooms have banks of French doors opening to terraces and views across manicured lawn and gardens. Included are a library-screening room, a guest suite with a private entrance on the home's main level, a library, a card room, a gym and a private guest apartment above the garage. The master suite has a veranda that overlooks the city lights. Outside is a swimming pool and pool house with kitchenette and sunken tennis courts. The estate has been home to two generations of the Goldwyn family and their guests and will be a perfect venue for Taylor Swift to do the same.
Taylor Swift buys the Beverly Hills estate of Samuel Goldwyn for $25 million, down from the asking price of $27.995 million.
Country-Pop star Taylor Swift was just a small child living on the family's Christmas tree farm in Pennsylvania when her mother, a mutual fund marketing executive, and her father, a Merrill Lynch vice president, noticed Taylor's interest in music and ability to create new lyrics for pop songs. By age nine, she became interested in musical theatre performing locally while traveling to Broadway for vocal and acting lessons. By age twelve, Taylor started playing guitar and, having previously won a national poetry contest, combined the two and started writing her first song Lucky You. Backed by her highly supportive parents, she started working with a New York based music manager, which parlayed into a new artist development program in Nashville. In order to help Taylor break into the music business, her father transferred to Merrill Lynch in Nashville and the family moved there when she was fourteen.
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