Even Real Estate Mogul Ellen DeGeneres Made a Loss
Owing to her tremendously successful career as an iconic television show host, Ellen Degeneres has acquired an enviable portfolio of houses in America. It has even become a significant business venture for her, as she and her wife go about the side hustle of flipping houses for a profit.
Unfortunately, she doesn’t always win. One of her purchases in 2014 turned out not to be profitable even after three grueling years of looking for a buyer. In a move she called a giant experiment, she had shelled out $13.2 million to buy adjacent condos in Los Angeles and eventually sold it for $11.85 million.
