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After Buying Property For $500K For His Atlanta Business, 2 Chainz Says He's 'Doubled Or Tripled' His Investment

2 Chainz finding himself stepping into real estate was a seed planted by his mother.

Aug 18, 2023

These Celebrity Real Estate Purchases Will Blow Your Mind

When it comes to celebrity real estate purchases, we often hear about mega-mansions purchased by the likes of Tom Cruise and Justin Bieber. However, what about Black celebrity real estate purchases? Take AfroTech’s recent report, for example, about Byron Allen’s media empire. He’s one of the wealthiest men in the entertainment industry, and part of that wealth came from a sizable real estate empire. “His first big deal came in 2018, when he bought a nearly $23 million island retreat in Hawaii. In 2019, The Wall Street Journal reported that Allen purchased a 3,000 sq. ft. condo at 220 Central Park South, one of Manhattan’s most expensive buildings. He plopped down $26.75 million for the purchase. That same year, Variety reported that Allen paid $19.9 million for a nearly-12,000 sq. ft. mansion in Beverly Hills. And in 2020, he rounded out his real estate portfolio with a $27 million purchase in Aspen, CO, according to Fox Business,” we reported. With this in mind, we decided to take...