Brad Pitt is truly going through some things financially, huh? Pitt and Angelina Jolie still haven’t finalized their divorce, and while she gets the blame for that, Jolie is the one who is above-board and going through all of the appropriate and fair legal channels. Pitt is the one who illegally colluded with a private judge, lost in California’s Supreme Court, and hid his assets from Jolie, as well as mismanaging a huge part of her asset portfolio, Chateau Miraval. Jolie finally sold her half of Miraval in 2021, and Pitt is still suing her over the completely legal sale. I think he’s going to lose and lose big. Pitt might think the same, because he’s selling off his biggest assets.
First, he quietly put Plan B, his production company, on sale last year. In December, Pitt reached a deal with Mediawan, a French media company, to acquire 60% of Plan B. According to CNBC, Plan B was valued above $400 million, so Pitt arguably sold a controlling interest in Plan B for hundreds of millions of dollars. You would think, okay, surely he’s no longer cash-poor? Then why is also selling his Los Feliz compound, the same one he’s had for decades?
Brad Pitt is looking to let go of a Los Angeles property he’s owned for nearly 30 years. The Babylon star, 59, quietly listed the expansive property located in the Los Feliz neighborhood for about $40 million, a real-estate source confirms to PEOPLE.
Pitt first called the space home after buying the original mansion from Elvira, Mistress of the Dark star Cassandra Peterson in 1994 for a reported $1.7 million. Since then, the Academy Award winner has purchased multiple lots adjacent to the original home and filled them with a swimming pool, tennis court and skating rink.
According to the source, Pitt’s reason for selling the 1.9-acre property is because he’s “looking for something smaller” in the L.A. area.
The sprawling home is where he and ex-wife Angelina Jolie, 47, raised their six children — Maddox, 21, Pax, 19, Zahara, 18, Shiloh, 16, and 14-year-old twins Knox and Vivienne — before splitting in 2016.
True story, after Pitt terrorized and assaulted Jolie and their children in 2016, she fled and got the kids somewhere safe. But she did ask Pitt if she and the kids could retrieve their belongings at the Los Feliz home. Pitt refused. He’s been financially abusing her ever since. So… these sales are very strange. I don’t have a big conspiracy theory here, other than Miraval seems like a money pit and I’m so glad Jolie has disentangled herself from Pitt’s mismanagement and bad business.
Photos courtesy of Cover Images.
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- Babylon Premiere held at Grand Rex on January 14, 2023 in Paris, France Featuring: Brad Pitt Where: Paris, France, France When: 14 Jan 2023 Credit: Franck Castel/ABACA/INSTARimages/Cover Images **North America Rights Only**
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- Babylon Premiere held at Grand Rex on January 14, 2023 in Paris, France Featuring: Brad Pitt Where: Paris, France, France When: 14 Jan 2023 Credit: Franck Castel/ABACA/INSTARimages/Cover Images **North America Rights Only**
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- Babylon Premiere held at Grand Rex on January 14, 2023 in Paris, France Featuring: Brad Pitt Where: Paris, France, France When: 14 Jan 2023 Credit: Franck Castel/ABACA/INSTARimages/Cover Images **North America Rights Only**
I wonder if all these years he hasn’t been paying child support.
Totally fits the other actions he’s taken. And I remember reading something along those lines, too.
Financial abuse is hideous.
OMG! I’ve never heard that Pitt wouldn’t let her get her belongings. How is that even legal. More and more Angie proves to be a literal saint in this tale (like Meghan!). And re: child support … AJ did make that plea to the court like 18 months after they split. He also made her beg for a “loan” to but a family home for herself and the children and charged her INTEREST!!!
Even after that she bought something that was close to him where the older kids could have ridden their bikes to see him. It probably cost her 40% more than she needed to spend. Admittedly it takes a lot to find a property with 8 bedrooms in LA.
The FBI gave Angie those documents last week and the rest will be given very shortly so eek! He brought all of this on himself.
He should have bought her out like we found out it was offered and he lied which should be criminal intent and deserves jail time.
Secondly he held millions from her and shut her out of her own business cause he was mad! Terd
FACTS, Where did you see that? Are you talking about release of non-related FBI report? I’ve not seen anything.
*non redacted
@June
Twitter someone posted the court filing.
Arm Pitt ain’t sh*t.
He’s reaping what he has sown.
Of course it’s a money pit. anyone who has owned real estate in Europe has experienced it. Even aside Pitt’s absurd, profligate spending, the upkeep on those beautiful *old* chateaux is staggering. Basically you need a full time crew of experts-not just tradesmen-to manage and stay ahead of the deterioration. Hundreds of thousands of euros. Then there’s taxes. Lots and lots of taxes. you gotta sell a lot of wine to support that.
yeah the expense of keeping up hold european properties is a major plot point of White Lotus season 2!
He’s looking for something smaller, huh? I guess he’s finally come to the realization that his kids won’t be coming around to visit him any time soon.
yeah, this was my exact reaction to “he’s looking for a smaller place”. you don’t need room for the kids who have gone NC with you.
Not room for the kids, a plausible family-man facade and some weird power flexes with the kid’s childhood home.
Yeah, you don’t need a conspiracy theory to imagine what’s behind Pitt’s liquidation of assets. Yes, he’s going to lose his Miraval suit against AJ, yes, he’s pouring money into Miraval, and, yes, they’re probably nearing an end to their financial settlement. At least I hope so. This is horrible and exhausting.
Agreed. It’s pretty clear what’s happening. Liquidating longterm assets is a tell tale sign. The realization that he’s not only going to lose the case but most likely pay must be settling in.
I wonder if he’s pulling an Alex Jones? Liquidate everything and hide the money. He owes his partners in the business, Stoli (?) and he owes Angelina large too. I wonder if he owes France? Also, those pesky judge and lawyer bills.
Lawyers ain’t cheap. In almost any/every legal fight you ever have, unless it’s on consignment, you’re going to end up owing your lawyers more than you will retrieve from the opposing party. So people should always consider settling. It’s gotta be for a fair amount, but unless it’s the principle of the thing, and you think that costly principle is worth it, settle. The value of money in the hand today versus money a year from now is a real consideration.
@Kaiser, please add that after refusing access to their belongings, Brad loaned (with interest) Angie the money to buy a new home. Angie’s finances were tied in various businesses and sue couldn’t access cash that quickly.
Brad later claimed that “loan” was child support which was later proven wrong. He was forced to pay 50% of the children’s expenses and zero spousal support (Angie didn’t request that).
I also think he knows he will lose the court case and will have to pay back Angie & Stoli. He is preparing to file bankruptcy and even for some jail time in France (being investigated for white collar crimes).
Drag him Sierra 🙂
Looks like he is preparing for whatever repayments he will be forced to make to Miraval once his new partners audit the finances and determine the corporate monies he has misused.
If only he cared about his mental health and getting therapy so that he could be a decent person. If only he cared about the well being of his children and his former partner. Instead all that matters to him is his image and power. What a trash bag.
2016! 9 years ago! Poor Angelina (and kids)… why do people think it’s worth it to have such tension in their lives for so long.
I hope we eventually see a reckoning on Pitt someday and recognition of how he’s physically, financially, and emotionally abused his family.
Agreed that was a while ago… but not 9 years. It will be 7 in about 8 months.
I have a Vogue subscription and the entire previous issue was so underwhelming and tone deaf that I don’t know if I’ll renew when it’s time. It included an exclusive with him and it was no more than an advertisement for his skin care line 🤣
Pro Tip: you can get a pro-rated refund now.
OH DAMN THAT IS A GOOD PRO TIP. Thanks!
No tears for Brad Pitt from me.
I do not care at all what happens to him.
He is a garbage person and his career is on the downside too.
As I said before Pitt is cash poor He’s been embezzling money from Miraval for years to pay for his side projects, and he can no longer do that. The $150 Million he got in cash from the sale of Plan B doesn’t cover the amount Stoli is suing him for. Also all his lawyer fees, and what Jolie is suing him for. Not to mention his crisis Manager, PR team and the money he’s paying for certain tabloid and to not post articles certain articles about him.
The courts In the US in France have gotten sick of him and his lawyers, dragging out the lawsuits. That the dates for both lawsuits went from the end of 2023 and 2024 to January in February 2023.
Does this mean that Angie and her kids can finally leave L.A? I read on Twitter that he bought property/home some 40 miles away from Angie’s home with the kids. Apparently, being close to them is no longer a priority. Could care less about Brad, I just want Angie and the kids to leave L.A. and be done with all the terror that he inflicted on them and from being surrounded by his Hollywood cesspool of supporters.
What was that link someone posted recently about reading into celebrities selling assets? This totally fits. The ship is sinking, and he’s trying to keep up uber-confident appearances that there is nothing to be ashamed of, and everything is fine.
It must be Lainey Gossip, she had an interesting take about it on October last year. https://www.laineygossip.com/news-brad-pitts-plan-b-production-company-for-sale-could-be-indication-he-is-having-cash-flow-problem/71859
Oh it must be worst then we thought if he’s selling the compound. He was actively renovating and expanding it after the divorce. I think fafo can sum this situation up perfectly. None of this had to happen and he has no one to blame but himself.
I saw many articles months ago that he put it up for rent. Now selling. Might he and his gold digger gf be readying to bolt for Europe when the shit hits the fan? Or worse – looking for a house together to start a family. She must be an idiot either way.
He put it up for rent when he was still pushing the Emily stories lol. I read stoli finally reported him and his business partner, Perrin, to the French government so they both have a criminal complaint open against them. I think shit has finally hit the fan
lol. I bet he wished he went through with their deal when he had the chance. I saw a couple of lawyers videos about the winery issue and even they questioned why he didn’t take it.
Didn’t Pitt frequently say he would never sell that place? He bought like 6 or 7 properties around him after he bought Elvira’s “castle” in 1997 and spent a fortune with near constant construction for 35 years.
Seems like a tough sell if he is trying to recoup what he spent. I also think he knows what Angelina can tell on him and he now knows that his PR lies don’t really do her any damage. I also think her kids are probably telling her she has bent over backwards long enough. When she met him she was financially stable and she earned tons from 2006-2014 when they married.
he did indeed! I am shocked he’s actually selling it. I don’t believe its just because he wants to downsize either. I can’t imagine how much money he spent on renovating the properties, especially since we know he likes to start projects over again.
People here have said that it’s likely the kids are taking a more direct approach for standing up for themselves and I have to agree. He has seemingly stopped mentioning them at all.
Yes, It’s several houses and properties condensed into one compound, he has had it for a long time, I’m a little surprised he is selling, but with all the various lawsuits and other disasters, it definitely seems like he’s trying to liquidate.
I heard Elvira talk about that house ages ago, she said it had a lot of Hollywood history and was haunted! But I’m sure Brad turned it into a contemporary mess inside.
First who is gonna pay 40 million for his estate these days. Secondly I guess he couldn’t anyone to lease it at those ridiculous prices. Thirdly he is an idiot.
His box office this year with Plan B has been dismal. She said was one of the biggest flops in history. Women Talking ain’t gonna make money and Blonde was terrible. His starring roles Babylon lost a huge amount of money and they can’t decide whether BT was profitable or not! Lol Karma is a mofo Bradley!
He is gonna loose his lawsuit and probably pay out a lot of money. Unless he is trying to settle. He absolutely slandered and lied on AJ in his suits and has gaslit her since 2016! He just bought that Rock house for 40 million maybe this will call it even.
One of the things that came out in the debacle over Jolie selling her half of Miraval is that Pitt was blowing money on idiotic things — like having a staircase completely rebuilt three times in a row because he didn’t like how it came out looking.
So maybe he’s genuinely going broke. Couldn’t happen to a nicer wife-beater.
I’ve always wondered why there has been hardly any bad stories about Brad over the years.