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The Weeknd is making news for dropping some major bread on a new $70 million mansion according to reports.
Abel Tesfaye a.k.a. The Weeknd plunked down an eye-popping $70 million on a recently renovated mansion located in the Bel-Air neighborhood of Los Angeles, making it one of the largest deals closed in the city this year, Wall Street Journalreports.
The mansion’s previous owners, Dutch media entrepreneur Reinout Oerlemans and his wife Danielle, allegedly had no intention of selling their 33,000-square-foot home when they were approached by real estate agents, Rayni and Branden Williams. Rayni was aware that Tesfaye was on the lookout for a new pad, and believed that the Oerlemans’ residence would be perfect for him.
The Weeknd’s new nine-bedroom property sits 1.6 acres, overlooks the Bel-Air Country Club, and features such amenities as a spa with a sauna, an indoor pool, an outdoor infinity pool with a waterfall, movie theater, gym, and a recording studio.
The Weeknd has a history of spending big on real estate. In late 2019, the “Take My Breath” singer shelled out a reported $25 million on a 8,215 square-foot penthouse in Beverly Hills, featuring four bedrooms and four corner balconies.
The Weeknd donated $500,000 last year to various organizations fighting racial inequality in wake of the rise of the Black Lives Matter movement. In response to the conflict in Ethiopia earlier this year, Tesfaye announced his $1 million donation as part of a partnership with World Food Program USA that will provide two million meals to people in the Tigray region.