Celebrities Who Lost Their Luxury Mansions

Posted: July 2, 2025 | Source: www.msn.com

Nicolas Cage was once one of the world’s busiest actors and had as much as $150 million, but he was way overextended, owning as many as 15 homes, and lost his New Orleans LaLaurie Mansion to forfeiture in 2009. Telecom entrepreneur Peter Loftin also had too many debts and had to give up his South Beach Casa Casuarina mansion (later known as the Versace Mansion). And producer Nile Niami’s $500 million project, ‘The One’, was seized by the LA County Superior Court in 2021 and sold at auction. Perhaps the most famous “lost” mansion is the Beverly Estate in Beverly Hills, where John and Jackie Kennedy spent part of their 1953 honeymoon and was later used as a set in Marlon Brando’s film The Godfather. The owner, real estate investor Leonard Ross, could not keep up with his legal bills plus the home’s expenses and lost the mansion at auction in 2021.