Ellen DeGeneres is losing her money fast, and in millions. All this due to the coronavirus pandemic. That was the story tabloids were selling this time last year.
Ellen DeGeneres Struggling With Finances?
Last year, rumour was that Ellen DeGeneres stood to lose millions as she and Portia de Rossi’s put their home on the market. In 2017, the couple bought their mansion from Adam Levine for $45.5 million. They put it on the market last June for the asking price of $58 million. But word was that she wouldn’t get that amount of return on the house. Apparently, Ellen is feeling the house crunch big-time. And she has so much money tied up in these houses, she could even go broke.
Truth Behind The Story
DeGeneres and de Rossi have been successful house-flippers for over a decade. And DeGeneres herself boasts an estimated $500 million net worth. The talk show host was nowhere close to struggling when this report was published.
Tabloids claimed DeGeneres would be lucky to get even $30 million for her Beverly Hills mansion. And yet, it’s reported that the couple received $47 million for the home. That figure was still more than the couple paid for it originally, making it clear the report was built solely on baseless speculation.
Ellen DeGeneres Purchases Third Montecito Home For $2.9 Million https://t.co/GQeNfNTZr3 #CelebrityCorner #News #RealEstate #ArianaGrande #BeverlyHills
— Shelly Cofini (@scofini) June 9, 2021
More Lies On Ellen DeGeneres And Portia De Rossi
Rumour mongers have proved time and again that they have no clue about DeGeneres and wife Portia de Rossi’s lives. In April, it was reported that the couple was headed for a $500 million divorce. There was another story that the pair was moving to Australia to save their marriage. And most recently, it was alleged that the couple was considering divorce after struggling for a long time. Evidently, gossip columns have got it all wrong about DeGeneres and de Rossi. The duo are doing just fine.
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