Even the very wealthy downsize sometimes. Margrit Mondavi, widow - TopicsExpress

Even the very wealthy downsize sometimes. Margrit Mondavi, widow of Robert Mondavi, now has a new home. Their Napa Valley Estate was 11,500 square foot storied property including a pool in the living room. Now, she lives in a 2 bedroom and 2 and one half bath home in Napa. She converted a 3000 square foot, 4 bedroom and 5 bath home, and it has all the amenities you would ever desire. Her price downsize: $25M to $4M. On the other side-upsizing: Rihanna, 25, singer, bought a 11,000 square footer for $12M; Sean Parker, 33, Napster founder, a $20M Manhattan townhouse; Justin Bieber, 19, a $6.5M in Calabasas Park; Chelsea Clinton, 33, Stanford Grad and her husband, a $10M full-floor condo in Manhattan; Katy Perry, 28, pop star, a $11.2M in Hollywood Hills; Megan Ellison, 27, daughter of Larry Ellison who founded some small company, three houses including one for $14M; Ekaterina Rybolovleva, 24, daughter of a Russian Billionaire, $88 Manhattan penthouse. Impressive: I must have made some mistakes in either not picking my parents better or not learning how to sing.

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