Adele owns a fortune of $220 million but cannot buy a house in her hometown of London for one reason

Adele owns a fortune of $220 million but cannot buy a house in her hometown of London for one reason

Adele is a globally famous British singer. She possesses a powerful and unique voice, her name is always mentioned by the public as a world music legend . Accordingly, Adele is also one of the singers with a huge income.

Adele is a special case in the world music industry. She signed a recording contract with XL Recordings in 2006. Surpassing all expectations, with only three albums, Adele became one of the best-selling artists in the world, with 120 million records. is sold.

All those record sales have made her one of Britain’s richest pop stars and worth $220 million, according to Fortune.

Adele owns a fortune of 220 million USD but cannot buy a house in her hometown of London for one reason - Picture 1

Adele has an expensive staff including a stylist, personal trainer, assistant and a few bodyguards. The female singer also built an impressive portfolio of assets for herself.

The first of her many lavish properties was a 10-bedroom mansion in Sussex worth $3 million, named Lock House. This property was purchased by her in 2012 when her career began to take off after the success of her first album, 21. Lock House has five bedrooms, two offices and a helipad.

Expanding her real estate portfolio, Adele bought a lavish Art Deco house on the beach in Hove, just outside Brighton, for $3 million.

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In 2016, the female singer continued to buy her first house in Beverly Hills for 9.5 million USD. According to Variety, the house has four bedrooms, six bathrooms and a swimming pool.

The female singer hasn’t stopped yet, buying a property in Beverly Hills for $10.65 million after breaking up with her ex-husband Simon Konecki.

And most recently, the female singer bought a third house, next to the other two houses. The 4-bedroom, 4-bathroom villa, with swimming pool and basketball court, costs 9.95 million USD. This villa with the other two properties has the potential to create a huge complex.

Adele owns a fortune of 220 million USD but cannot buy a house in her hometown of London for one reason - Picture 3

In 2021, global superstar Adele admitted that real estate prices in her home town of London made it difficult for her. Adele has revealed that she moved to Los Angeles because she “couldn’t afford” to buy property in London. “The type of house I have in LA, I could never afford in London,” Adele says. The price of that house is up to hundreds of millions of pounds, I don’t have that much money.”

Giving her first interview in 5 years, the female singer frankly gave her opinion on real estate prices in her homeland. Talking about her decision to move, the female singer revealed that she wanted to improve her quality of life. “Most of my time is spent in the car or inside a building,” Adele said. I want fresh air and somewhere I can see the sky.”

Adele owns a fortune of 220 million USD but cannot buy a house in her hometown of London for one reason - Picture 4

Adele’s story partly reflects the reality of real estate prices in the UK. According to Rightmove, the UK’s largest property portal and property website, the average asking price of a house in the UK has increased for three consecutive months.

However, this makes social network users skeptical because the income of the “British nightingale” is not low. “Adele can’t afford a house in London? So what should we do?”, one Twitter user expressed.

“She owns three houses in LA, worth a total of $30 million, but she can’t buy real estate in London?”, another person wondered.

Currently, Adele is happy with her new boyfriend Rich Paul . According to People’s sources, both are extremely busy with life and work, so they don’t have time to meet much. “Adele is still dating Rich but they are very busy. She was busy with home renovations, while Rich was busy with his customers. They often meet whenever possible,” the source said.

Adele owns a fortune of 220 million USD but cannot buy a house in her hometown of London for one reason - Picture 5

Adele is said to have started dating Rich Paul in July 2021. However, since then, many rumors about the couple breaking up have broken out, making fans extremely confused. Therefore, the fact that Adele occasionally publicly posts pictures of herself with her boyfriend has received a lot of support from the audience.

Previously, Adele married Simon Konecki in 2017 after 6 years of dating. However, in 2019, the couple announced that they were “going their separate ways”. The opening song for her album 30 titled Easy On Me once made the audience regretful when she mentioned both her ex-husband and her son.

Adele owns a fortune of 220 million USD but cannot buy a house in her hometown of London for one reason - Picture 6

 

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