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Too much Money ! Puff Daddy ‘purchases massive Mansion Worth $40m

The music mogul, who’s estimated net worth is $700m, recently closed escrow on a $40m estate in the exclusive Los Angeles enclave where Michael Jackson died and where Hugh Hefner currently resides. According to the Los Angeles Times , the property comes with a 17,000-square-foot two-story main house and 3,000-square-foot guest house.

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Puff Daddy, 44, acquired the sprawling European style villa which houses eight bedrooms and eleven bathrooms.

The lavish amenities include a steam room, massage room, beauty salon, 35-seat theater, gym and wine room.

And TMZ reported the house is brand new and was only built six months ago.

Congratulations.

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