Sunday, August 19, 2007
Paris Hilton Demonstrates Superior Investment Judgment and Strategy Despite Mistakes in Personal Life
Our gal Paris knows how to get a return on an investment. Say what you might about her mistakes, even she admits to lack of judgment in her personal life. But in the face of a near crisis real estate market, Paris Hilton sold her L.A. home in just 10 days. The sale was for the full asking price of $4.25 million. Hilton bought the home in 2004 for $2.9 million. While I have never seen it, I am told the pool area is elegant. However, the inside apparently needs to be remodeled.The home is of Spanish-style decor and contains many pictures of Paris. The name of the buyer has not been released.