Monday, 17 February 2014

RICK ROSS BUYS EVANDER HOLYFIELD'S MANSION

 Unreal estate: The home is located just outside Atlanta

 Rick Ross is paying a lot of cash to get what Evander Holyfield apparently could no longer afford.

The music mogul has dropped $5.8 million to buy the foreclosed Georgia mansion of the former boxing champ.

Mogul: Rick's new album Mastermind drops on March 4th


Homeowners: The 38-year-old rapper took over the former boxing champ's 235 acre compound


The 38-year-old rapper purchased the home which Evander had to sell to a bank at a public auction as part of a foreclosure for $7.5 million in 2012.

The enormous 54,000 square-foot mansion sits on 235 acres and is the largest single family home in the state of Georgia.

Located outside of Atlanta, the compound features 109 rooms, including 12 bedrooms and an astonishing 21 bathrooms.


Other amenities include a bowling alley, home theater and a 350,000 gallon pool which makes it one of the largest private pools in America..

If that wasn't lavish enough, there's also a seven-stall barn, baseball field with lights and a scoreboard, an indoor pool, separate boxing gym, recording studio, and guest house.

Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month.

The  mansion has been among the sources of the boxer’s financial problems, which also include constant court battles over child support payments.
According to the Atlanta Journal Constitution, the 51-year-old heavyweight champ has 12 children by six women and has battled child support cases in Georgia, Texas and California.

It is said that the home was sold at public auction and that part of the proceeds would go toward settling back federal taxes.
The entertainment site said Holyfield owed more than $14 million on the house.

In an interview with Revolt, Ross opened up about buying the lavish home and how he hopes it will give inspiration to young children.

'I just felt like me acquiring that property is me really speaking to some kids and giving them that same passion and they’re looking in my eyes and me telling them, ‘Yo, this is real.'
'I feel like somebody needs to see that. Somebody needs that inspiration. So, we’re going to open the doors to the kids of New Orleans, from Atlanta, from Miami and open their minds a little bit.'

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