Million-dollar homes are the perfect blend of form and function, setting the stage for true elegance and luxury.
Whether it’s the understated minimalism seen in Kim Kardashian’s home or the opulent maximalism of designer high-end houses, the key lies in creating spaces where functionality becomes virtually invisible, contributing to an overall aesthetic that’s both breathtaking and discreet.
You can see this in the prohibitively expensive homes from shows like Selling Sunset and Million Dollar Listing. Those million-dollar homes focus on hiding conventional features and appliances, allowing the eyes to revel in the design without distraction.
The philosophy here is simple yet profound: less is more.
Luxury design hinges on the power of illusion – making the essential elements of a home feel like an integrated, almost indistinguishable part of the overall design.
This invisible functionality transforms living spaces into masterpieces of high-end hospitality and cozy elegance, where every detail is meticulously crafted to elevate the experience of luxury living.
Blend kitchen appliances with the design
Looking at luxury homes and apartments, you won’t find their microwave, stove, or refrigerator glaring out like sore thumbs in the kitchen.
One of the best examples we’ve seen of this is in actor Jesse Tyler Ferguson’s house in Encino, a newly built contemporary house in Los Angeles with impeccable interiors.
The impressive property’s most distinctive interior traits are the warm wood tones used throughout, which serve as both décor elements and provide tons of storage space — particularly in the kitchen, which is clad in cabinets and wood paneling made out of hemlock wood.
The refrigerator is an essential appliance in any home but as we can see in the Modern Family star’s home, it is artfully hidden within the cabinetry.
It perfectly matches the surrounding cabinets, giving a unified and uninterrupted visual flow that exudes sophistication.
Similarly, the microwave is tucked away, out of the direct line of sight, allowing guests to focus on the elegant lines and luxurious finishes of the kitchen without the distraction of appliances.
Strategically concealing appliances amplifies the spaciousness and clean lines that are synonymous with luxury, making the kitchen not just a place for meal preparation but a statement of design excellence.
That’s not because the owners don’t own any and eat out for every meal but because their appliances are expertly designed to be hidden away when they are not needed.
Luxury designs do not break the viewer’s experience of ah and wonderment with the typical microwave or fridge sticking out.
Hide air vents in plain sight with frameless diffusers
When it comes to the interiors of the most coveted million-dollar listings, the devil is in the details—or perhaps, it’s the lack thereof. The luxurious spaces you see have a secret: the art of concealment.
This is particularly true when it comes to the mechanics of comfort, like HVAC air diffusers, which are essential yet often an eyesore.
But not in these homes. Here, they’re incorporated with such finesse that they’re almost invisible, represented by the hardly visible lines blending into the ceilings and walls as seen in the image below.
These aren’t your standard vents; they’re design statements in their own right, albeit in the most understated way.
Frameless diffusers like the ones from Invi Air are installed into the drywall and colored to match the room’s palettes for a nearly invisible finished look flush with the wall or ceiling.
They don’t demand attention. Instead, they support the room’s ambiance in quiet anonymity, allowing the stunning vistas outside the window or the curated art pieces to hold the gaze. Invi Air diffusers are easily customizable with any type of paint, allowing them to blend seamlessly with the color and texture of the surrounding surface.
The TV is almost always out of sight
In the modern luxury home, the television—once the centerpiece of every living room—has found a new role as the hidden gem of the room.
The trend in million-dollar homes is clear: the TV should be felt, not seen until it’s time for it to shine.
This philosophy has created creative solutions that make the TV almost magically appear when needed and disappear when not, maintaining the room’s sleek, elegant aesthetic.
Take Samsung’s Frame TV, for example. This ingenious device takes the concept of ‘hidden in plain sight’ to new heights, doubling as a digital art display when not in use.
It sits flush with the wall, encased in a stylish frame that one might mistake for an actual painting or photograph.
It’s a perfect fit for spaces where the presence of technology needs to blend with the strokes of interior design finesse.
Take this one step further with LG’s latest technological innovation: the transparent TV.
The TV becomes practically invisible when not in use and can even blend itself to look like a live fish tank or fireplace to disguise itself further.
When the TV is revealed, it’s not just about catching up on the latest series or movie; it’s an event. The act of the screen coming to life from its artistic camouflage adds a layer of luxury and technical prowess to the space. It’s a conversation starter, a nod to the homeowner’s taste for elegance and their flair for the dramatic.
The TV in a luxury home is no longer just a piece of technology; it’s part of the home’s dynamic, an indulgent experience that’s there when you want it without compromising the minimalist ethos of the space.
This approach to home entertainment design is yet another detail that sets high-end homes apart, offering a seamless blend of lifestyle and luxury.
As all the posh houses seen on Selling Sunset prove time and time again, a million-dollar home’s aesthetic is a symphony of design and technology where every note is perfectly pitched for an experience that’s both sumptuous and smart.
These homes aren’t just living spaces but canvases for expressing the height of personal luxury, where every hidden feature is a brushstroke in a masterpiece of modern living. And we don’t find it fair that they’re reserved for luxury homeowners, so we hope the above tips might inspire you and you’ll end up implementing them in your own home.
*Featured image credit: R ARCHITECTURE on Unsplash
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That may have been what Kim Kardashian was thinking when she had a hallway in her home lined with no fewer than two dozen evergreens, but Reddit was not impressed.
Like much of what comes with Kardashian, it was hard to tell real from fake. On Instagram, she said the trees were all real and “smell so amazing.”
“Those look like real trees that have been flocked,” one Reddit user wrote. “It’s a paper-cornstarch-boron mixture that’s supposed to be flame retardant and also look like snow. Honestly I think they look tacky and there are better ways to mitigate fire risk but if your whole house is filled with them it’s probably safer this way. Still an unnecessary use of these trees from my perspective though.”
Another said: “Flocked trees can NOT be picked up or taken to greenwaste. Totally disgusting.”
Real trees are more sustainable than fake ones, but flocking them renders that advantage obsolete. An average tree grows in seven years and absorbs carbon and other pollutants during that time, using 10 times fewer resources than artificial tree factories, according to One Tree Planted.
On the other hand, fake trees are made of metal and plastic, which will remain in the environment for thousands of years. And since 85% are made in China, they add an enormous burden in terms of carbon pollution via shipping.
Lead poisoning — which can cause irreversible brain and nervous system damage in children — is also a threat. RTK Environmental Group cited a 2002 study that showed three out of four artificial trees contained lead, meaning 50 million American households were at risk.
Kardashian’s reputation surely didn’t help her standing with the r/Anticonsumption crowd. Her companies have a greenwashing problem, and she has produced perhaps the most ridiculous response to the warming planet: bras with faux nipples so that “no matter how hot it is, you’ll always look cold.”
“Literally just go outside,” one user said.
Another wrote: “That doesn’t even look cozy or festive! If I had her money I sure as hell would have a much nicer house and much nicer Christmas decoratio
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Enter this pared-down marble catchall tray from Target that looks beyond high-end. I could easily picture it nestled in Kardashian’s “minimal monastery” in all of its earth-toned glory. This bowl’s curved stone form, in creamy shades of warm beige, looks ready to show off a collection of matched citrus (think: heaping pile of Meyer lemons from your backyard tree, if you should be so lucky) on your otherwise spotless cement-hued kitchen counter.
Measuring about eight inches in diameter, the bowl’s sturdy shape could stand up to your daily key toss, organize your collection of pens and stash earbuds. It can even act as a landing pad for your daily Diet Coke or cold brew addiction. Or, if you’re a self care aficionado, this bowl is the perfect piece for your bathroom. Gone are the days of that one corner crammed with all your products. Snag your daily use items and stash them in this marble bowl for a seriously chic look.
Truly a multi-hyphenate – see, it really does fit in Kardashian’s house – this accent bowl can do it all, and Target customers have awarded it a 4.7-star rating for its efforts. House your multi-step skincare routine or perfume collection in the bathroom. Pull your collection of miscellaneous nightstand ephemera together. Make a new, stylish home for your olive oil, salt, pepper and the like stove side. The only thing un-Kardashian about this bowl is the price — somehow just $30, this marble tray is well worth the price.
The rapper, who’s been spending most of his time in Europe as of late, with paparazzi following him and wife Bianca Censori relentlessly while on tour, has just listed his uber-expensive Malibu pad for sale.
Designed by Pritzker Prize-winner Tadao Ando, the Malibu Road house is one of the lauded Japanese architect’s few projects on American soil — another one being Beyonce and Jay-Z’s $200 million house, also located in Malibu.
When Kanye purchased it, the property was being touted as part beachfront residence, part modernist sculpture, making it a great choice for the artist whose minimalist-yet-daring style choices often grace the front covers of magazines.
But not much is left, as the structure has been altered considerably during Kanye’s ownership.
The Vultures rapper bought the roughly 4,000-square-foot beachfront house just two years ago, in 2021, for a whopping $57.3 million — though it’s worth noting that the property was once listed for $75 million.
Retired Wall Street financier Richard Sachs, best known as the ex-boyfriend of former Full House star Ashley Olson, sold it to the recording artist and Yeezy founder.
Now, Kanye West listed the 4-bedroom, 5-bath Malibu abode for $53,000,000, with Selling Sunset star and Oppenheim Group founder Jason Oppenheim landing the listing.
“I wanted to have a listing with such architectural pedigree,” Oppenheim told PEOPLE, adding that the property’s Malibu Road location is “one of the most desirable areas in the world.”
We don’t know whether that means that the rapper’s house will be featured in the upcoming Season 8 of Selling Sunset, but if you’d like to take a look inside Kanye West’s house in Malibu, Jason already put the pictures up on his Instagram (though it looks like he used the listing photos from the home’s last run on the market):
Ye’s crumbled plans for the property
The Malibu house was no impulse buy.
Kanye West had big plans for his beachfront spread.
First, he said he would work with businessman James Goldstein to make it more like his famous Sheats-Goldstein Residence — another concrete-heavy, modernist abode that bears the signature of lauded architect John Lautner.
Then, according to TMZ, he set out to turn the architectural property into a “bomb shelter from the 1910s,” removing all windows and electricity from the home. Here’s how it looks like now:
The Gutted Crib https://t.co/2yopolYFXY
— Zack (@QueensIceZ) December 20, 2023
In fact, the rapper is even being sued by the former property caretaker and project manager he hired for the remodel.
Tony Saxon, who was reportedly hired in September 2021 as project manager, caretaker, and 24/7 security for the mogul’s Malibu home, is suing West, claiming he’s owed $1 million for the work he did on the property, which included several labor code violations.
“Tony worked as the construction project manager and 24/7 security guard when Kanye was having the home gutted, and Kanye put him through hell, violating numerous labor codes and employment laws in the process,” Saxon’s lawyer, president of West Coast Employment Lawyers Neama Rahmani, said in a statement released after news broke about Kanye selling his house.
“This house was ‘a Picasso on the water’ before Kanye ordered Tony to rip it apart. So, while we’re pleased Kanye may finally have the money to fulfill his obligations to Mr. Saxon, buyer beware.”
Now, what’s left of the Tadao Ando-designed home is a concrete shell exposed to the elements, per Robb Report.
How can Kanye’s house command such a high price in its current state?
If you’re wondering why anyone would consider paying over $50 million for a gutted house, or whether Kanye was completely off-base when setting the price, let us provide some context on how the property was priced.
#1 Location, location, location
We know all too well that location is the name of the game in real estate.
With enough funds, there’s almost nothing you can’t change about a house, except for location and lot size (and even the latter is debatable, as you can always purchase additional lots by convincing neighbors to sell).
But the location is the one fixed component that can command sky-high prices regardless of the state the structure is in.
And Kanye’s house is located on Malibu Road which is, like Jason Oppenheim said, “one of the most desirable areas in the world.”
The entire area is lined with million-dollar houses, often priced well above the $10 million mark. And Malibu in itself is prohibitively expensive, with the median listing price for homes in the area standing at a hefty $6.5 million.
#2 Architectural pedigree
Many million-dollar homes often come with name-bragging rights — and Kanye’s house excels here.
But there’s a whole other level of name-dropping that comes with owning a home envisioned by one of our generation’s leading architects.
Tadao Ando is an award-winning contemporary architect best known for his minimalist concrete structures, which have attracted some of the world’s biggest stars, from Beyonce and Jay-Z — who paid $200 million to buy one of Ando’s Malibu projects, setting a new record for the most expensive home ever bought in Califonia — to West’s ex-wife, Kim Kardashian, who’s currently working with the architect to build a home on an undeveloped plot of land in La Quinta, California.
And Malibu’s architecturally distinct properties often command sky-high listing prices.
For proof, look no further than this $59M Ed Niles-designed house that combines glass, steel and Feng Shui principles or architect Harry Gesner’s former personal home, the $22.5M Sandcastle House in Malibu.
#3 Building costs
Beyond the design element, building the property on the beachfront lot was no easy feat.
Construction required 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 pylons to keep it from sinking into the sand, a feat that undoubtedly required millions of dollars.
#4 Beach access & ocean views
The property has direct access to the beach and offers stunning views of the ocean.
It has three levels with the ensuite guest rooms on the lowest floor, the living room and kitchen on the middle floor, and the master bedroom and rooftop terrace on the topmost floor — all opening up to unobstructed ocean views, a luxury that commands a premium in any market.
Now, it remains to be seen whether Kanye’s listing price is realistic or not, and if his star power coupled with the highly desirable location and the house’s architectural pedigree will attract a buyer willing to pay top dollar for the Malibu pad.
Those of us who are hooked on Selling Sunset already know that Jason Oppenheim isn’t a fan of properties priced over the $50 million mark, so it’s unlikely that he would have taken on the listing if he thought the price was unrealistic.
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The 10-year-old is showing an enthusiasm for the holiday season that matches her famous family’s own
North West is truly feeling the Christmas spirit.
In a series of TikToks shared by the 10-year-old’s joint account with mom Kim Kardashian, North wore a “Sia-inspired” set of pigtails made of ribbons clipped to her hair. She doubled down on the festive outfit with a Christmas sweater of a Santa flexing his muscles that said, “Welcome to the North Swole.”
The pre-teen wore feather-hemmed plaid pants and Christmas socks to complete the look, which she wore as she danced around her beautifully decorated home to TikTok remixes of Mariah Carey’s “All I Want for Christmas Is You,” Ariana Grande’s rendition of “Last Christmas,” and several of Sia’s holiday hits.
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Related: Kim Kardashian Takes Daughters North, 10, and Chicago, 5, to ‘Legendary’ Mariah Carey’s Christmas Show
Last week, North shared a closer look at some of the family home’s decor, set to a sped-up version of Ariana Grande’s “Santa Tell Me.”
The pan of the room showed numerous Christmas trees — one in all pink adorned with handbags, a few silver ones and a few in a darker gray. There were holiday treats all around the room, and a sign over the bed that read “North Pole.”
“Holiday decor- one of the kids rooms!🎄,” the caption read.
Last month, Kardashian brought North and Chicago, 5½, to see Mariah Carey’s Merry Christmas One And All! show at the Hollywood Bowl. The three were joined by Kris Jenner, Khloé Kardashian, True, 5½, and Dream, 7.
Not only did they get to enjoy the show together, but they also got to meet the Queen of Christmas and her daughter, 12-year-old Monroe, and pose for some photos afterward.
“The Queen of Christmas!!!! For the little girls very FIRST concert ever, we went to see the Queen herself, @mariahcarey !! We all had the best time, creating the most magical memories!! Thank you mommy for taking all of us! 🩵,” Khloé captioned photos from the night.
During last year’s lavish annual family Christmas Eve party, North joined the Australian singer to perform her wintry track “Snowman” as the pair stood inside a life-sized gift box.
The proud mom of four shared videos on her Instagram Story of daughter North enjoying her time in the spotlight, singing next to Sia with a microphone in hand. While Sia dressed elegantly in a long, white tulle gown with a matching headpiece, North looked chic in a shimmering black ensemble.
“@Siamusic and North performing Snowman,” Kim captioned the video, while Khloé shared similar footage, writing, “We love you @siamusic.”
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I have recently become fascinated by the idea of Billionaire Morning Routines.
The premise is that if you want to be successful in life, then you must wake up at an early hour and dedicate time or energy towards your goals. I am still not sure how this translates into a morning routine for me, but what I do know is:
You don’t need much money to become wealthy.
Your mindset can drastically change the trajectory of your day and life.
Sometimes it can feel like the odds are stacked against you. But there’s always hope.
Personally, I have found success by following this simple morning routine that will help get me through each day and set my path for success.
Successful millionaires have certain habits that can help you be more productive each and every day! While not everyone aspires to be a millionaire, these habits can still be useful for anyone looking to increase their productivity levels.
In this post, we are going to dig into billionaire morning routines and look at some millionaire morning routines as well.
Is a cup of strong coffee enough? Or do you need to layer some more key habits of billionaires on top?
So, if you’re looking for some tips on how to be more productive, following in the footsteps of some successful millionaires is a great place to start!
Remember these are the people making 10 figures…
What is a Billionaire Morning Routine?
A Billionaire Morning Routine is a set of habits that wealthy individuals use to start their day in order to increase their chances of success. This usually involves waking up early, exercising, eating a healthy breakfast, and spending time on personal development.
These routines are a set of designated activities that can help you stay on track. A millionaire or billionaire morning routine helps you organize your day from the moment you wake up until the time you leave for work. The difference between what you’re doing and a millionaire morning routine is the way you manage your time.
Every day is different for billionaires, but their morning routine should always be prioritized by their lifestyle needs first.
A billionaire morning routine should focus on managing your time in a way that allows for consistency with priorities of lifestyle needs and productivity goals.
Why is a Millionaires Morning Routine or even a Billionaires Important?
The reason a Millionaire’s Morning Routine is important is that it sets the tone for the rest of the day. If you start your day by working on your goals and taking care of yourself, you’re more likely to have a successful day.
Don’t you want to maximize your time and get the most out of your day?
These are the key benefits of following a billionaires morning routine:
Stay focused on the important tasks at hand each morning.
Help you better prioritize your time in the morning and throughout your day.
Increase your productivity all day long.
Reduce the stress you feel each morning.
Boost your energy levels throughout the day.
In addition, a millionaire or billionaire’s lifestyle is associated with a number of benefits, including increased happiness, improved focus, and more time to accomplish goals.
There are many reasons why having a billionaires morning routine, or even a millionaires morning routine, is so important.
A millionaire morning routine is empowering because it gives you control over your life–and who doesn’t want that?
Billionaire Morning Routines
There are a lot of different opinions on how to achieve success in life, but one thing is for sure: you have to get up early if you want to be a millionaire.
You have heard the saying, “the early bird gets the worm.”
They use these routines to set themselves up for success and make the most of their time. Plus there are a few key things that all millionaire morning routines have in common.
This allows them to get centered and focus on what they want to achieve.
The billionaires’ morning routines are a good place to start when trying to improve your own routine.
Billionaire morning routines are the first place to start when trying to change your daily habits for the better. These practices provide a foundation that you can build off of as you work towards reaching your goals.
#1 – Wake up early
Wake up early to get more done in the morning.
Go to bed at a reasonable time so you can sleep well and be refreshed for the day.
Here are some tips to make waking up easier:
Have a wind-down process before bedtime.
Switch off screens an hour or two before you plan to go to bed so you sleep easily when the sun rises at 5 am.
Wake up five minutes earlier than you do now and work your way up until you wake up an hour earlier.
Waking up early is a simple change that anyone can make!
To get up early, go to bed earlier. The key to getting up early is going to bed early and having a wind-down routine so you sleep easily when you get into bed.
#2 – Meditate
Meditation can aid in concentration, creativity and reduce stress.
There are a variety of ways to meditate, including sitting quietly and focusing on your breathing.
When it comes to improving productivity, many people think that meditation is a waste of time. However, this could not be further from the truth.
In fact, there are a number of reasons why you should meditate every day:
Lowers your stress levels
Helps you focus
Improves creativity
Provides answers to unexpected problems
Helps make decision making easier
Keeps you less distracted throughout the day.
The hardest part of meditation is getting started, but it’s worth it if you have the discipline to stick with it for even 5 minutes a day or do some other form of relaxation therapy before falling asleep at night.
It doesn’t matter how long you do it, as long as you’re getting the benefits from it.
#3 – Glass of Water
Drinking water in the morning can improve general health and well-being.
Celebrities including Kim Kardashian, Beyoncé, and Cameron Diaz have touted the benefits of drinking water regularly.
Water is essential for life. In fact, our body is composed of about 60% water. We lose water every day through sweating, breathing, and urination, so it’s important to replenish our fluid intake. Drinking a glass of water in the morning can reduce calorie intake and improve mental performance.
Drinking water in the morning can help you stay alert, make you more energetic, and provide the necessary fuel for your brain. It’s important to drink water first thing in the morning because it hydrates quickly and fuels your body. Drinking water is also a great way to hydrate for a long day of work or play later on that day.
#4 – Exercise
The wealthiest people in the world begin their days with some exercise. They choose to perform this activity in the morning so that it doesn’t get forgotten among all their other daily responsibilities.
Richard Branson, a British billionaire, exercises every morning without fail.
Exercising boosts your confidence, has positive effects on your mood, and helps them focus throughout the day.
The key is to find a way to incorporate exercise into your routine each day. Find an exercise that works for you and stick with it.
Wake up early and exercise. Exercise is a great way to start your day off on the right foot. It gets your blood flowing and helps you wake up mentally and physically. Plus, it’s a great way to get in some extra fitness goals for the day!
#6 – Read a book
Reading can boost cognitive activity in the brain. This means that you’ll be more alert and prepared for whatever challenges the day throws your way!
Also, reading before bed can help calm the mind and prepare the body for sleep.
# 7 – Eat a healthy breakfast
Many successful people have made breakfast a key part of their morning routine.
Starting your day off with a filling meal can help you stay focused, give you more energy, and help you concentrate on the work you need to accomplish later in the day.
Breakfast is the most important meal of the day, and it’s especially important to eat a healthy breakfast. Eating breakfast helps your body and mind function at their best. It can give you energy for the day ahead, help you focus, and provide necessary nutrients for your brain.
There are many different types of healthy breakfasts that you can try. Some people like to have eggs, others prefer yogurt or granola. Kelly Ripa has coffee, yogurt, and granola as a breakfast routine; Barack Obama has eggs, potatoes, and wheat toast. Reese Witherspoon’s go-to green smoothie recipe has been her breakfast routine for the last nine years. Idris Elba keeps it simple with toast during his morning routine.
No matter what you choose to eat for breakfast, make sure you drink plenty of water as well.
On the flip side of the coin is fasting during breakfast and maybe even lunch.
#8 – Plan your day the night before
Plan out your day ahead of time. One of the best ways to ensure that you make the most of your time is by planning out your day ahead of time. This will help keep you organized and focused on what’s important.
Determining when during the day is the best time to tackle your toughest jobs can help reduce stress and increase performance.
Journal your thoughts, plan your day, and focus on what you want in life.
Goals don’t happen unless they are written down and acted upon.
One way to make sure you start your day off on the right foot is by planning your day the night before. This way, you can wake up knowing what you need to do and have a plan in place for how you’re going to get it done.
Reflecting in the evening about what you want for yourself can help solidify your intentions and give them power by writing them down for review each day.
#9 – Plan the day ahead
Others prefer to plan their day in the morning.
Getting out of bed and putting your best foot forward EVERY SINGLE DAY is important for having a successful morning routine.
By planning out your tasks, you will be better prepared to face any challenges that come your way during the day.
To help with this, try creating a morning routine that fosters a healthy mind, body, and spirit. This will get you ready to operate at peak performance.
In order to be successful, you have to know your schedule so you can plan time blocks for specific activities. There are only so many hours in a day – you must make sure they are well spent.
#10 – Create your routine
Creating a routine for your morning will help you accomplish more with your time, starting your day off on the right foot, and it will also give you a chance to start your day off with joy before any hustle or stress begins.
Some of the benefits of a millionaire morning routine include stress-free, accomplished things, and increased levels of happiness.
However, remember that the Millionaire Morning Routine is not the only one out there! You can start your day by hitting the ground running but don’t copy and paste a billionaire’s exact routine. Billionaires set their days apart with goals, so try our goal-setting worksheet to get a head start!
There are many factors to consider when deciding if a millionaire morning routine is for you, such as the goals you want to achieve and your schedule.
However, you need to create a routine that works for you. Below, you will see some samples from billionaires, but at the end of the day, it has to work for you.
When you have something to look forward to at the beginning of each day, it helps reduce stress and makes you happier. It’s also a way to get your day started on the right foot.
What time does the average billionaire wake up?
There is no average billionaire wake up time because there is no average billionaire.
However, it is well known that most millionaires and top executives wake up early in the morning. Some may be up by 4 am while others start their days between 6-7 am.
This gives them plenty of time to get ready for their day and start working on their goals.
Waking up early is a great way to start your day. You have more time to get things done, and you’re less likely to be stressed out. In addition, it’s a good opportunity to meditate and clear your mind before getting started on your work.
Billionaire Morning Routine Examples
There’s no one right way to have a successful morning routine, but many millionaires and billionaires have habits that they credit with helping them achieve their goals.
Others include setting priorities for the day and planning ahead.
There are many different morning routines that billionaires follow in order to achieve success. Some of these routines include waking up early, exercising, and reading. Others involve spending time with family and friends or networking.
No matter what a billionaire’s routine may be… the most important thing is that they stick to it and make sure they are taking steps each day to move closer to their goals.
These billionaires have different workdays, but all follow a similar daily routine to keep their minds and bodies in check.
Elon Musk Morning Routine
Elon Musk is a well-known entrepreneur and investor. He is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He also has a keen interest in artificial intelligence.
First of all, sleep for Musk is minimal with him going to bed around 1 am and back working by 7 am.
Musk has a routine that includes 5 minute blocks. In each block, he does one thing that is important to him. This could be making calls, sending emails, or working on a project. By doing this, he is able to focus on one task at a time and avoid distractions.
Musk’s routine also includes planning out how long it will take him to complete tasks throughout the day so that he can be sure not to waste time on tasks that are unnecessary or take too much time. This prevents him from feeling rushed and allows him to focus on the most important tasks. He makes a solid plan for his day in order to prioritize what he needs to accomplish – even though it may not go as he planned.
Kylie Jenner Morning Routine
Jenner wakes up early which is credited to her mom as setting an example for rising early. This self-made billionaire is not sleeping in at all, especially with her daughter.
The most intensive part of her morning routine is getting herself glammed up for the day. She will not eat breakfast without her makeup on. Workouts? She is known to work out 1-2 times a day depending on her schedule.
Finally, she eats breakfast and starts working on her business.
Waking up early and exercising sets the tone for the rest of her day and allows her to get things done efficiently.
Jack Dorsey Morning Routine
Jack Dorsey is the founder of Twitter and Square. He has a very unique morning routine that some people might find inspiring.
He wakes up at 5:00 am and spends his early hours on personal care.
First, Dorsey starts off by taking an ice bath to shock his system. This supposedly boosts mental confidence, which is necessary for running two major tech companies.
After the ice bath, he spends 60 minutes meditating in silence. This prepares him for his five-mile walk or jog to work. He skips breakfast, which many people find controversial.
He wraps up his day by journaling and reflecting on what went well and what could be improved.
Warren Buffet Morning Routine
Let’s be honest… many people look at Warren Buffet for inspiration and guidance. He is a wealth of knowledge that has lived throughout many of the toughest points in our nation’s history.
Billionaire Warren Buffet reportedly wakes up at 6:45 am and drinks a can of Coke. Then, he heads to the local McDonald’s for breakfast.
Very opposite of what most people would assume. But this morning routine has served Buffet well for years.
Warren gets down to business. He explains that most days, he just sits in his office and reads finance-related materials all day – specifically related to company financials, market materials, financial journals, and investor reports.
After leaving the office, Buffet goes home and might pick up fast food from time to time, but typically eats at home later in the day. A little reading before bed around 10 pm.
Oprah Winfrey Morning Routine
Oprah Winfrey is a famous American talk show host and actress. She wakes up at around 8:00 AM every day, brushes her teeth, lets the dogs out, and then starts her morning routine.
She places importance on reading at least five cards from her 365 Gathered Truths box each morning. More than likely she started with saying any of these money affirmations before she found her fame.
Oprah has a routine that includes a couple of hours spent on spiritual exercises, followed by an hour of low-impact strength-training program. She also spends time with her family and friends before finally starting work in the afternoon.
Jeff Bezos Morning Routine
Jeff Bezos has a very strict daily routine that he follows. He wakes up early (somewhere between 5:00 am -6:30 am) and begins by reading the news. After that, he spends time with family, eats breakfast, and does various activities that are not work-related.
His first business meeting starts at 10 am normally working on Amazon business matters. He has business meetings and visits fulfillment centers in the afternoon, but avoids important decisions late due to fatigue.
Sleep is important to this entrepreneur and goes to bed earlier than most.
What is the most successful morning routine?
The most successful morning routine for many people includes a mix of habits that help them start their day off on the right foot. This may include waking up early, drinking a glass of water, eating a healthy breakfast, and spending some time in prayer or meditation.
In order to be successful, it’s important to have a morning routine that incorporates good habits.
If you struggle with habits, then I highly recommend you read the book Atomic Habits. These habits are easy to incorporate into your own life and will help you accomplish more tasks and live like a billionaire.
How long does the 1 billion dollar morning routine take?
The 1 billion dollar morning routine was created by Jim Kwik, a YouTube creator.
It takes at least one hour to work through his 1 billion dollar morning routine.
Here are the key principles for Jim Kwik’s 1 billion dollar routine (source):
Recall your dreams
Make your bead
Drink water and take supplements
Focus on breathing
Meditate for 15-20 minutes
Move the body for 1-2 minutes
Take a cold shower
Enjoy a cup of tea
Journal
Create 3 lists: to-do list, to-be list, and to-feel list
Read for 20-30 minutes
Make a brain smoothie
Participate in brain training.
Start with the most difficult (and important) task
Self-care, self-love, and setting a vision and direction for the day are essential components of this routine. And don’t forget about hydration! A glass of water is a great way to start your day off on the right foot.
Journaling is another important part of this routine. It allows you to check-in with yourself about your stressors and how to navigate them. Consider implementing a few of these steps into your routine to see how they make you feel.
The 1 billion dollar morning routine may not be feasible for everyone, but some of the steps included are still worth considering (particularly the one about having a plan). Or moving some of the activities to other parts of the day.
What are the habits of a billionaire life?
In order to achieve success in life, it is important to emulate the habits of a billionaire. This may seem daunting at first, but if you take a closer look at what these individuals do on a daily basis, you will find that many of their habits are actually quite attainable.
For example, many billionaires are avid readers and they make sure to read something every day. They also have a strong focus on personal finance and know how to manage their money well. Additionally, they understand the importance of taking care of themselves both physically and mentally. All of these habits are important for anyone looking to achieve success in life!
These types of people are the opposite of I don’t want to work anymore.
What will your productive morning routines look like?
There’s no “right” way to have a productive morning routine – as long as you’re committed to it and conforms to the same principles.
For example, many successful people have different routines but they all commit to following them. This may include things like personal commitment, engagement, team building, and productive motion.
It’s also key to be flexible with your routine so that you can adjust when necessary. For instance, if something comes up or there’s a change in your schedule, you’ll be able to adapt without too much trouble.
The important thing is that you make time for the things that are important to you and that help you achieve your goals.
This might include exercise, breakfast preparation, or “mindful living.”
Whatever it is, make sure it works for you and that you’re actually going to stick with it!
What will go on your Billionaire Morning Routine List?
Most morning routines of millionaires and billionaires weren’t created overnight; they’re crafted over time. Same with buying their mansion.
So don’t worry if you don’t get everything right the first time around–just keep working at it and you’ll see results soon enough!
Get out of bed and put your best foot forward EVERY. SINGLE. DAY.
Each person’s journey to greatness will be unique, but by following the examples set by these successful individuals, you’ll be on your way to achieving anything you want!
Having a millionaire morning routine means that you start your day stress-free. It also helps you achieve your goals. The benefits of the millionaire morning routine vary depending on the schedule and personality of each individual.
But, in general, incorporating a project into your morning routine can help you feel more in control of your life, boost energy levels throughout the day, and make healthier choices.
In fact, check out these millionaire quotes.
The habits of successful millionaires can be applied to any area of your life for increased success.
Finding your own productive morning routine is better than leaving your luck up to left hand itching.
Know someone else that needs this, too? Then, please share!!
Inside: Enjoy these millionaire quotes about achieving success! These statements will help you motivate yourself to achieve your goals and become a millionaire.
Success is not a destination- it’s a journey.
When you find yourself stuck, struggling to make progress on your goals, often the only thing that will inspire you to keep going is by reading quotes from other successful people who have been there before. So grab some time and read these meaningful quotes now!
Quoting people is a great way to remind yourself of your goals and stay motivated.
It’s easy to get distracted by the demands of life, so I like reaching for quotes that tell me what I need most right now.
Quotes by millionaires are a great source of inspiration and motivation for anyone looking to achieve success in life. Not only do they offer wise words of advice, but they also remind us that failure is an essential part of learning and achieving greater things.
So don’t be afraid to dream big and work hard towards making those dreams a reality.
In fact, here are the most inspiring millionaire quotes.
The power of millionaire quotes
Millionaire quotes have the power to change your life. If you’re feeling down or unmotivated, reading a few words from a millionaire can give you the boost you need to get back on track.
For example, Tony Robbins is one of the most successful millionaires in the world with a net worth of over $600 million. And he’s not the only one; there are countless millionaires out there who have made their fortune through hard work and determination.
When it comes to making money, these people know what they’re talking about! Their advice is worth listening to, and if you take their words to heart, you’ll be well on your way to success.
So next time you feel like giving up, read some inspiring quotes from millionaires and see how that changes your outlook on life. You may be surprised at just how powerful these words can be!
How to use millionaire quotes to achieve success
There is no one-size-fits-all answer to this question, as the best way to use millionaire quotes to achieve success depends on your personal goals and objectives.
However, some tips on how to use quotes to achieve success include:
Find quotes that resonate with you and inspire you.
Keep your goals in mind when reading quotes and using them to motivate you.
Write your own quotes and keep them in a place where you can see
If you’re looking to achieve success, millionaire quotes can be a great way to get started.
They provide inspiration and motivation and remind you that failure is not an option – which can be a great thing if you’re willing to learn from your mistakes.
The benefits of using millionaire quotes
Quotes by millionaires offer great advice and motivation for anyone looking to achieve success. They provide a unique perspective that can help you focus on your goals and push through any obstacle in your way. Additionally, these quotes can help increase productivity in any context and inspire creativity.
While it’s important to remember that not everyone is able to become a millionaire, following the advice of those who have achieved this level of success can be incredibly beneficial.
As Thomas A. Edison once said, “I have not failed. I’ve just found 10,000 ways that won’t work.”
This type of attitude will help you stay motivated even when things get tough.
Walt Disney also had some profound words of wisdom: “If you can dream it, you can do it.” This quote speaks to the idea that anything is possible if you put your mind to it.
Reaching your goals may seem difficult at times, but with enough determination and hard work, you’ll be able to accomplish anything.
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Millionaire Mindset Quotes
These inspirational, motivational, and wise words from millionaires who achieved success despite all odds teach us that determination and perseverance is the key factor in life.
Your mindset will determine your outcome.
Enjoy some of the best millionaire mindset quotes…
1. “I can accept failure, everyone fails at something. But I can’t accept not trying.” – Michael Jordan
2. “Start with the end in mind. If you want to be a millionaire, talk like one, act like one, work like one.”- Bob Proctor
3. “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” – Henry Ford
4. “The easiest thing I ever did was earn a million dollars. The hardest thing I ever did, and it took years, was believing I was capable of earning a million dollars.” – Les Brown
5. “There is no monopoly on becoming a millionaire. If you’re jealous of those with more money, don’t just sit there and complain – do something to make more money yourself.” Gina Rinehart
6. “You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something – your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.” – Steve Jobs
7. “Think like a queen. A queen is not afraid to fail. Failure is another steppingstone to greatness.” – Oprah Winfrey
8. “To win big, you sometimes have to take big risks.” – Bill Gates
9. “Fail trying; don’t fail watching.” – Bob Goff
10. “There are a ton of ups and downs, and many times our highest points come immediately after our lowest.” – Pat Flynn
Motivation is key to success. It is what drives us to achieve our goals and reach our potential.
There are many reasons why motivation is so important, but here are some of the most important ones:
Without motivation, it’s hard to stay focused and push through difficult tasks.
You’ll be more likely to give up if you’re not motivated.
Motivation gives you the energy you need to work hard and achieve your goals.
When you’re motivated, you’re more likely to take action and make progress towards your goals.
Now, here are the best motivation millionaire quotes to keep you going.
12. “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk
13. “You simply have to put one foot in front of the other and keep going. Put blinders on and plow right ahead.” – George Lucas
14. “You cannot push any one up a ladder unless he be willing to climb a little himself.” – Andrew Carnegie
15. “The future of humanity: a choice between the past and the present, between stagnation or progress.” – Vladimir Vernadsky
16. “If people are not laughing at your goals, your goals are too small.” – Azim Premji
17. “Before you can become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage.” – Thomas J. Stanley
18. “Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition.” – Steve Jobs
19. “I’d rather regret the things I’ve done than regret the things I haven’t done.” – Lucille Ball
20. “Do not be embarrassed by your failures, learn from them and start again.” – Richard Branson
Success Millionaire Quotes
Your goals will help guide your lifestyle and create a more meaningful journey for you.
By reaching your goals along the way, you find success. It is those small milestones that can help you along your journey. Believing bigger is about knowing deep down inside you are successful.
Now, here are some of the best success millionaire quotes to start believing in today!
21. “My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn’t have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying. Don’t be afraid to fail.” – Sara Blakely
22. “Success if not final. Failure is not fatal.” – Teri Ijeoma
23. “It doesn’t matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success.” – Mark Cuban
24. “I have had all of the disadvantages required for success.” – Larry Ellison
25. “It’s fine to celebrate success but it is more important to heed the lessons of failure.” – Bill Gates
26. “Obviously everyone wants to be successful, but I want to be looked back on as being very innovative, very trusted and ethical and ultimately making a big difference in the world.” – Sergey Brin
27. “You don’t have to be a genius or a visionary or even a college graduate to be successful. You just need a framework and a dream.” – Michael Dell
28. “Setting goals is the first step in turning the invisible into the visible.” – Tony Robbins
29. “You can never quit. Winners never quit, and quitters never win.” – Ted Turner
30. “All of us, in a sense, struggle continuously all the time, because we never get what we want. The important thing which I’ve really learned is how do you not give up, because you never succeed in the first attempt.” – Mukesh Ambani
Millionaire Mentor Quotes
Self-made millionaires offer great insight and motivation for those working towards success. They remind us that failure is often a part of the journey, but it’s important to stay true to ourselves along the way.
When you are building a business or starting a new endeavor, wouldn’t you want to have a mentor looking over your shoulder and motivating you?
So, although you may not be able to afford to meet these millionaires in person, you can write their quotes on your planner or near your computer to keep you focused on making your million.
When we spend time with people who have achieved success, their positivity rubs off on us.
We can begin to see the world through their lens and get motivated to achieve our own goals.
31. “The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
32. “I believe people have to follow their dreams – I did.” – Larry Ellison
33. “If you don’t live your life, then who will?” – Rihanna
34. “Money is just a consequence. I always say to my team, ‘Don’t worry too much about profitability. If you do your job well, the profitability will come.’” – Bernard Arnault
35. “If you want to be successful, find someone who has achieved the results you want and copy what they do and you’ll achieve the same results.” – Tony Robbins
36. “Dedicating myself to actually following through was my single biggest achievement.” – Nick Woodman
37. “Always make a total effort, even when the odds are against you.” – Arnold Palmer
38. “I’m an entrepreneur. ‘Ambitious’ is my middle name.” – Kim Kardashian
39. “Talent without working hard is nothing.” – Cristiano Ronaldo
Strong Millionaire Quotes
Okay, there are times you need to hear the hard stuff. Like the coach whispering exactly what you need to be told when you weren’t executing as you should be.
These strong millionaire quotes are the ones that put us back on track.
They remind us why motivating yourself to achieve great success is necessary.
40. “Swim upstream. Go the other way. Ignore the conventional wisdom.” – Sam Walton
41. “Winning is not always the barometer of getting better.” – Tiger Woods
42. “If you’re afraid to fail, then you’re probably going to fail.” – Kobe Bryant
43. “If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett
44. “If you’re changing the world, you’re working on important things. You’re excited to get up in the morning.” – Larry Page
45. “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” – Oprah Winfrey
46. “As long as you’re going to be thinking anyway, think big.” – Donald Trump
47. “Confidence is the most important single factor in this game, and no matter how great your natural talent, there is only one way to obtain and sustain it: work.” – Jack Nicklaus
48. “You have to be able to accept failure to get better.” – LeBron James
Millionaire Quotes about Life
Successful people are usually happy because they have found a way to be content in life while still reaching for more.
Regardless of the type of millionaire they are, they all find happiness in some form or another from their work. This in turn leads to greater motivation and a desire to keep growing and achieving more. Additionally, small challenges help to keep these levels of happiness and motivation high.
Here are the best millionaire quotes about living life to the fullest!
49. “I’d rather be optimistic and wrong than pessimistic and right.” – Elon Musk
50. “A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” – Jeff Bezos
51. “Everybody has equal opportunity, and I think that is true for everything.” – Mukesh Ambani
52. “If you are born poor it’s not your mistake, but if you die poor its your mistake.” – Bill Gates
53. “Treat your life like a game.” – Ray Dalio
54. “Self-praise is for losers. Be a winner. Stand for something. Always have class, and be humble.” – John Madden
55. “Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.” – Mark Cuban
56. “People should only profit to the extent they make other peoples lives better.” – Charles Koch
Future Millionaire Quotes
Success is a tricky thing to quantify.
This perspective can help you stay motivated as you work towards your goals- knowing that things are always changing and evolving. Additionally, it’s important not to compare yourself with anyone else in this world. You’ll only end up insulting yourself!
So from one millionaire to the next millionaire (you), here are the future millionaire quotes to memorize.
57. “You can’t just wish to be a millionaire; you have to figure out how to earn it.” – Dolly Parton
58. “Sometimes life hits you in the head with a brick. Don’t lose faith.” – Steve Jobs
59. “The key to life when it gets tough is to keep moving. Just keep moving.” – Tyler Perry
60. “Have fun. The game is a lot more enjoyable when you’re trying to do more than just make money.” – Tony Hsieh
61. “Education is the most important for our children, and it’s also the best investment.” -Bill Gates
62. “I never took a day off in my 20’s. Not One.” – Bill Gates
63. “At the end of the day, you know yourself best.” – Abigail Johnson
Millionaire Quotes about Money
Millionaire quotes are a great way to get motivated and inspired to achieve success. They offer a glimpse into the mindset of millionaires and what drives them.
Money is often seen as the key to happiness.
And while it can certainly bring a level of comfort and ease, it is not the only thing that can bring happiness. Hard work and dedication are essential for success, and it is important to believe in yourself and your dreams.
So, enjoy these millionaire quotes about money…
64. “Never depend on a single income. Make investments to create a second source.” – Warren Buffett
65. “If you do not see riches in your imagination, you will never see them in your bank balance.” – Napoleon Hill
66. “Most people fail to realize that in life, it’s not how much money you make. It’s how much money you keep.” – Robert Kiyosaki
67. “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” – Warren Buffet
68. “Why pay a dollar for a bookmark? Why not use the dollar for a bookmark?” – Steven Spielberg
69. “I want the last cheque I write to bounce.” – Chuck Feeney
70. “It’s not about the money, it’s about what you can do with the money.” – Thomas J. Stanley
Which Thing will You do to Result in More Wealth Opportunities?
So there you have it, 70+ powerful millionaire quotes to help you motivate yourself to achieve success.
These are people worth at least 7 figures – maybe even 10 figures.
If you want to become a millionaire, it all starts with taking action towards your goals.
Use these quotes as inspiration and fuel to keep you going on your journey to success.
Remember, it’s not about the destination, it’s about the journey.
Enjoy the process and don’t stress too much about the outcome. As long as you’re taking action and moving forward, you’re on the right track. Who knows, maybe you’ll be the next millionaire!
Know someone else that needs this, too? Then, please share!!
In 2022, Grammy Award-nominated rapper Nicki Minaj paid a whopping $19.5 million for a big modern farmhouse in the Hidden Hills neighborhood, a guard-gated city in the San Fernando Valley of Los Angeles.
After years of renting mansions across the greater Los Angeles area from Beverly Hills to Malibu, the award-winning rapper has finally purchased her own home to settle in with her two-year-old son and husband Kenny Petty.
The big purchase came just a few weeks after Minaj turned 40, making it the perfect birthday present for the Anaconda hitmaker.
In fact, the house was listed for sale on December 7, 2022, the day before Nicki’s birthday, which is on December 8. A little over a week later, the deal had already closed, with public records showing that the transaction went through on December 16. This means the rapper got herself a phenomenal $19.5 million birthday present for her 40th!
Nicki Minaj’s new house, according to Dirt.com, is located in the foothills of the Santa Monica Mountains, an area known for its secluded, rural atmosphere despite being only a short drive from Los Angeles.
Hidden Hills was initially a quiet, Kentucky-esque community filled with horse ranches, but recently the neighborhood’s Ferraris and Lamborghinis probably surpasses its horses.
That’s because it has recently become a favorite among professional athletes, musicians, and celebrities who desire residential serenity. The San Fernando Valley area is popular with celebrities such as Madonna, Sylvester Stallone, Jessica Simpson, Will and Jada Pinkett Smith, Lori Loughlin, Ben Simmons, Kim Kardashian, Kylie Jenner, and most of the L.A. Rams’ current roster.
Lil Wayne, who helped discover the pop star and signed her to his Young Money imprint during the late 2000s, also moved to Hidden Hills back in 2021, when he put down $15 million on a mansion of his own.
Nicki Minaj’s house, a 12,000-square-foot modern farmhouse
The sprawling modern farmhouse, which was built in recent years by a local developer, was sold before openly listing on the MLS, according to the realtor’s remarks.
This makes photos and details of Nicki Minaj’s house hard to come across, but tax records show that the nearly 12,000-square-foot residence has eight bedrooms, nine full bathrooms, and two powder rooms.
Related: 12 most expensive rapper houses: Drake, Jay-Z, and Kanye in the lead
The main house has pocketing glass doors that make the space feel larger and maximizes the light flowing into the rooms. These doors lead to various patios and terraces. The upstairs master suite has its own private balcony with views of the spectacular backyard.
In the backyard of the new home, there is a separate guesthouse for hosting friends and family. You’ll also find a spa and poolside cabana providing the perfect place for the celebrity to seek shade while hanging by her saltwater pool.
The Baja shelf ideal for sunbathing, relaxing, or playing with the celebrity and her young family, friends, and loved ones completes the gorgeous and luxurious pool.
The flat lot which encompasses a full acre of land includes a three-car garage, grassy lawns, and significant landscaping which create a truly spectacular architectural feature for privacy.
Nicki has always enjoyed staying in big houses
The Trinidadian-born rapper is a fan of huge homes. When she was dating Meek Mill, she paid for the couple to live in a $35,000/month Beverly Hills mansion. It was a 10,340-square-foot, eight-bedroom, and 10-bathroom estate in an exclusive gated community.
See also: Cardi B’s House in Atlanta is Pure Old-World Luxury
While we expect them to move to their new place soon, the pop star and her husband, Kenneth Petty currently live in a rental mansion in the City of Calabasas, which you can take a closer look at in the video below:
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The Mediterranean-inspired structure built in the 1990s has six bedrooms and nine bathrooms, and the interiors are covered in luxurious, stylish, and elegant marble floors.
New home, new music, and exciting new projects on the way too
In addition to purchasing her first home, the singer who released her debut studio album Pink Friday in 2010 announced that she is working on her fifth album.
She says it will take fans back to where it all began — gritty bars and underground MC-type vibes that her Barbz fans have grown to know and love. “I feel like whenever I’m happy, I deliver the best music,” Nicki said recently. “And to deliver the best music for my upcoming album, I need to reconnect with the essence of Hip Hop.”
The rapper has also teased other exciting projects that include an upcoming nail art company and getting back into the TV and film industry. Looks like the generous singer-songwriter is going to be quite busy soon and we’re looking forward to it all.
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In 2022, Southern California real estate once again lived up to its reputation as one of the weirdest, wildest, most dramatic markets in the country.
While the lower end of the market cooled as interest rates forced buyers and sellers to rethink their strategies, the luxury market raged on with significantly more blockbuster sales than last year.
Celebrities, tech moguls and CEOs spent fortunes on their dream homes. Battles were waged over the profits of mega-mansions. Here are the top sales of the year.
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$58 million
Sylvester Stallone kicked things off by selling his 21,000-square-foot mega-mansion in Beverly Park for $58 million — a blockbuster deal, but not quite a knockout for the “Rocky” star, who originally wanted $110 million for the trophy home.
The high-profile sale included a high-profile buyer: pop star Adele. She joins a bevy of stars in the affluent enclave including Denzel Washington, Magic Johnson and Mark Wahlberg.
$70 million
Michael Rubin, the chief executive of sports e-commerce company Fanatics, set an all-time record in Hollywood Hills when he shelled out $70 million for a property once owned by Ronald Reagan.
The sale redefined what a home could fetch in Hollywood Hills, which has historically seen sales top out in the $30-million range. The staggering price was due to the estate’s rare size and scale. Newly rebuilt, it sits on three-quarters of an acre above the Sunset Strip with unobstructed views of the city.
Records show the seller was Francesco Aquilini, a Canadian businessman best known as the chairman of the Vancouver Canucks hockey team. A regular in real estate headlines, he set the neighborhood’s previous price record when he sold a spec mansion for $42.5 million in 2020.
$70.4 million
Kim Kardashian got in on the action as well, buying yet another home in Southern California. The reality TV star has owned properties in Hidden Hills and Calabasas but picked up one in Malibu this time, spending $70.4 million on a bluff-top mansion once owned by Cindy Crawford and Rande Gerber.
Set on more than 3 acres overlooking the ocean, the coastal estate centers on a 7,450-square-foot villa surrounded by a swimming pool, tennis court and meditation deck.
It was sold by hedge-fund manager Adam Weiss and “Yellowstone” actress Barret Swatek, who originally asked $99.5 million for the place.
$75 million
For months, rumors swirled on where Drake — perhaps the world’s biggest hip-hop star — would buy a home. The rapper toured the finest estates of Southern California but eventually settled for something off-market, quietly paying $75 million for a Beverly Crest mansion owned by fellow music star Robbie Williams.
Drake’s new place is comically large, clocking in at more than 20,000 square feet on more than 20 acres — a rarity for the area. Across those 20,000 square feet, it manages to squeeze in 10 bedrooms and a staggering 22 bathrooms, as well as an elevator, wine cellar, gym, game room and 11-car garage.
$91 million
Malibu’s massive year continued thanks to video game designer Jon Burton, who sold his 6.6-acre spread in Paradise Cove for $91 million — a nice improvement on the $36.5 million he paid for it in 2012, but a bit less than the $125 million he originally wanted.
The price jump is mainly thanks to a face-lift Burton gave the place during his decade-long stay. Listing photos show he remodeled the living spaces with rich woods and large windows, as well as amenities such as a movie theater, tennis court, swimming pool and mini golf course.
The biggest highlight comes out back, where the 17,000-square-foot mansion descends to 340 feet of beach frontage.
$100 million
Only three sales surpassed the $100-million threshold this year, and one of them belonged to Tamara Gustavson, daughter of late Public Storage founder B. Wayne Hughes. She wanted $127.5 million for her sprawling compound on a Malibu bluff and sold it for $100 million.
The buyer, records show, is Byron Allen, the billionaire media mogul who founded Entertainment Studios.
The stunning spread has the usual laundry list of amenities but adds a few custom spaces such as a wood-and-glass guesthouse outfitted with a gym and yoga studio.
The profits are a drop in the bucket for Gustavson, who has a net worth of $7.59 billion, according to Bloomberg.
$120 million
Snapchat CEO Evan Spiegel finally closed his deal in Holmby Hills, spending $120 million on a property across the street from the Playboy Mansion. The sale process started last year, but he couldn’t close until the summer because the house wasn’t yet finished.
With the move, Spiegel joins one of the ritziest pockets in the country. The Playboy Mansion is the neighborhood’s most famous estate, but the area also holds iconic homes such as Owlwood and the Manor, which set the L.A. County price record at the time when it traded hands for $119.75 million in 2019.
$141 million
What more can be said of “The One”? When the country’s largest modern home was auctioned off for $141 million to the founder of Fashion Nova, it brought an end to a years-long saga of ambition and greed, a battle that’s been documented over and over again but remains hard to believe.
Once touted as a $500-million home, then listed as a $295-million home, then sold at a foreclosure auction as a $141-million home, the still-unfinished mega-mansion comes in as both a crowning achievement and utter disappointment. It ranks as the top sale of the year, and one of the priciest home sales ever in California, but couldn’t fetch anywhere near its original price, and leaves the buyer with millions more to spend to finish up the place.
In many ways, The One is the perfect encapsulation of Southern California’s luxury market, where developers chase bigger and bigger price tags for bigger and bigger homes until, oftentimes, it all blows up in a dramatic display for all to see.
There are people in the world who are best known for being famous for being famous.
Think Kim Kardashian and Paris Hilton.
Warren Buffett is not in this crowd (thank goodness!).
He is widely considered to be the most successful investor of all time. He is one of the very wealthiest people in the world – often THE wealthiest, depending on stock market valuations.
He has gotten to where he is by being a brilliant and insightful investor.
Like me, he wasn’t born into money, and he didn’t sign a fat contract for a book, a movie, a TV show or a record deal. (Note: I did sign a contract for my book deal, but I assure it wasn’t fat. Far from it. Haha…)
He did it the old fashioned way, which in today’s world seems almost radical.
In fact, there is nothing fancy or unusual at all about Warren Buffett – other than his phenomenal success.
That, and his overwhelming common sense, are the reason why so many people study his life and follow his lessons. And that’s why you should to.
Though he came from humble beginnings, Buffett is today the chairman, chief executive officer, and the largest shareholder of the multinational conglomerate holding company, Berkshire Hathaway.
His advice and pronouncements have become legendary, earning him the nickname “The Oracle of Omaha.”
What are some of the lessons that we can learn from this “oracle“?
1. Never Lose Money
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.“ – Warren Buffet
What makes it impossible to say that you are never going to lose money, is that it would mean that you would never take the calculated risks that are necessary to make money in the first place. But that’s the whole point – taking calculated risks.
Buffett doesn’t take wild chances. He has specific criteria in regard to any business that he will invest in, and this method keeps him from entering blind speculations.
If you use the never lose money mantra as a foundational strategy, it will have a positive effect on everything you will do, whether it has to do with a business or with investing. Many of the lessons that will follow will outline exactly how Buffett avoids losing money in the first place.
2. Buy Businesses – Not Stocks
“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.“ – Warren Buffet
Despite being perhaps the most successful investor in stock market history, Warren Buffett never actually bets on stocks, at least not the way that most investors and even fund managers do.
Buffett looks not at the performance of a given stock, but at the performance of the underlying business. This is critical, because a strong underlying business means that an investment will almost always payoff, at least sooner or later.
The reason why most investors fail to follow Buffett’s advice in this regard is because it requires a lot more work. You actually have to research the individual companies, and have a keen understanding of their business and how well they are faring against the competition. Market sentiment of the company’s stock has little to do with it.
3. Be in the Game For the Long Haul
“Someone is sitting in the shade today because someone planted a tree a long time ago.“ – Warren Buffet
When you look at the companies that Buffett either owns individually, or through Berkshire Hathaway, they’re all long-term investments. Buffett will buy stocks and hold onto them – not for years – but for decades. As long as the business is strong, the investment will payoff. Buffett’s track record, and the size of his portfolios, are testaments to the success of this strategy.
4. You Are Ultimately Responsible For Your Success or Failure
There are a lot more people in the financial markets then there is understanding of those markets. For this reason, people hold their investments through mutual funds, or pay for the services of investment advisers. Buffett holds that there is no substitute for getting involved in your investments.
Whether your investments succeed or fail will be completely on your shoulders, and not on those of your investment advisor. He maintains a policy of learning all about an investment and taking complete charge of how you go about managing it. In addition to being a solid strategy, this is also the only way that a novice investor learns to be an expert.
5. Keep Tight Control Over Your Living Expenses
If you look at the most successful people in almost any endeavor, you will typically see that they are people who live the life. That is, they live a lifestyle that is consistent with their level of success. This often leads to more than a little bit of lifestyle inflation, which helps explain how so many super successful people end up in a bankruptcy, and eventually, even the poor house.
Warren Buffett has done an outstanding job of keeping his ego in check when it comes to his lifestyle. It can even be said that he uses the same value principles for investments that he does in managing his own personal finances. For example, Buffett still lives in the same five-bedroom stucco house be purchased in Omaha Nebraska in 1957 for $31,500.
It’s certainly a nice enough house, but it doesn’t come close to the palaces that people who are nowhere near as wealthy as Buffett tend to live in. There is a strong message in that arrangement.
6. Invest in Quality
One of Buffett’s hallmark investment strategies is a investing in quality. This means that he invests in companies that have well-known, well-regarded products that add value to the consumer and the economy. The companies he inverts money in are usually household names, which is to say that they have both strong market penetration and brand recognition.
Many less successful investors are drawn to companies and industries that they know little or nothing about. They assume that the less they know, the more likely it is that the investment will be a success, as though it will succeed based on some unexplained mystery factor. Quality – not mystery – makes a company a long-term winning investment.
7. Buy Value
We can think of buying value as buying quality – when it goes on sale. This is part and parcel of Buffet’s never-lose-money strategy. Simply put, Buffett never pays full price for anything, including the investments that populate his portfolios.
He does this by buying companies that are selling at a discount to their real value. This strategy is more commonly referred to as value investing, which is the practice of buying stock in companies that are undervalued compared to other companies in their industry, as well as to the general market.
Buffet has this down to a science. He looks at the fundamentals of a company – it’s earnings, revenue, price-earnings ratio, return on equity and dividend yield, among other metrics – then he compares them to the same metrics in competing companies. If the company is generally strong compared to the competition, but the stock price is well below them, it becomes an investment candidate.
8. Avoid Fads
One thing that is immediately obvious about Buffett is that you’ll never see him running with the herd. That means no “Nifty Fifty” stocks, no hot stock of the year investments – and nothing that even hints at being trendy.
As an example, Buffett has publicly stated that he avoids buying stock in new social media, like Facebook and Google, citing the difficulty in determining their value and how they will fare in the future.
We can also bet that participating in fads would get in the way of investing in quality and value on a long-term basis. If it’s one thing Buffett is, it’s consistent.
9. Buy When “The Blood Is Running in the Streets”
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.“ – Warren Buffet
I just said that you will never see Warren Buffett running with the herd, and this one of the best examples. His investment philosophy is simple – buy when everyone else is selling (be greedy), and sell when everyone else is buying (be fearful). This is consistent with the Wall Street saying (that few investors ever follow), the crowd is usually wrong.
This strategy is very consistent with Buffets strategy of buying value. If you buy when everyone else is selling, you will be able to get positions in strong companies for a lot less than you would pay when the market is running strong and everyone is buying.
10. Sell Your Losing Positions in Strong Markets
By the same token, if you wait to sell your losing positions until the market is particularly strong, you will minimize your losses. In some cases, you might even recover a profit.
Most investors have great difficulty mastering this concept. Once the stock starts rising, they tend to hold on to it under the assumption that will continue to do so. But in Buffets world, a losing position is a losing position, regardless of where the stock price is at.
11. Risk is Part of the Game – Get Used to It
“Risk comes from not knowing what you’re doing “ – Warren Buffet
Buffets way to wealth is actually a very risky one by conventional standards. He doesn’t invest heavily in safe assets like bonds and treasury bills. He invests primarily in stocks. But stocks are not nearly as risky as people tend think – as long as you know what you’re doing. And Buffet clearly does.
Buffet is able to eliminate most of the risk associated with stocks, by buying them cheaply enough that the speculation – and high prices – are completely squeezed out. Most of the positions that Buffet takes have nowhere to go but up. That is the result of buying after everyone else has sold out their positions.
In Buffets world, you would be buying heavily after a market crash, and keeping your powder dry when a bull market has been around for a few years.
12. Pay Close Attention to Management
“When a management with a reputation of brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.“ – Warren Buffet
While many investment analysts tend to focus on a company’s numbers, market position, specific assets, and even public sentiment, Buffett looks more closely at management. Every one of those tangible metrics can change in the future, substantially weakening a company. But the caliber of management represents the future of the business. With the right people at the helm, the business will grow and prosper no matter what challenges it may face.
13. Stick With What You Know
Just as Buffett avoids fads, he also tends to stick with what he knows when it comes to making investment decisions. In Buffett’s world, you have no business putting money into companies and industries that you know nothing about. Buffett’s billions came from the fact that he invested in businesses that he knew well.
The businesses that he does buy into also tend to be more basic in concept. As we saw in an earlier specific example, Buffett avoids buying into social media companies, since they are virtually new business concepts and not readily measurable. He favors easy to understand concepts like Coca-Cola and insurance.
14. Keep It Simple
“Derivatives are financial weapons of mass destruction. “ – Warren Buffet
There are a small number of investors on Wall Street who are making a lot of money in exotic investments, such as derivatives. Buffett avoids all such investment schemes, preferring to keep his investments basic. It once again gets back to the concept of investing in what it is that you know and understand.
15. Keep a Low Profile
Just as Warren Buffett lifestyle is incredibly simple considering his stature in the world, he also does his best to avoid the spotlight.
Sure, he’s a regular in giving an opinion on economic and public policy, but he avoids the outrageous behavior that has become symptomatic of the ultra-successful. But the success that he has is determined by the success of his business, rather than on his participation in out-of-the-box activities, or inflammatory public comments, designed mostly to draw attention.
We can probably guess that this low-profile existence makes it easier to focus on Buffett’s business at hand. After all, if you’re running around acting wild and making divisive comments, you won’t need to be spending a lot of time on rear-guard strategies to cover your tracks.
Even if you are not into investing, you can take all of these lessons from Warren Buffett’s life and apply them to your life and business, and with positive results.