Maybach Music Group rapper Rick Ross made a pricey investment recently when he decided to purchase legendary boxer Evander Holyfield's old, 109-room mansion.
The 45,000-square-foot house went up for auction for $7.5 million, but the price shot back up to $8.2 million on the market. The auction originally began for $2.5 million on the house, so it's unknown how much Ross purchased for the house just yet.
However, it appears Ross is enjoying his new place, via Instagram:
Extremely dope.The house was made in Georgia back in 1994 by Holyfield, but he was unable to keep up the payments for the home, especially when child support payments came calling and he went bankrupt.
Let's hope the same doesn't happen to Ross. With 350,000 gallons of water used in the house's pool along with tons of other things like a dining room that could seat 100 people, it will take over $1 million for the home to maintain.
And as for Ross alone, the rapper's net worth is only about $30 million, according to celebrity net worth websites. So a big chunk out of that came from just buying the house and a lot more will be coming from just maintaining it. Who knows if this investment will be a bang or flop for Ross?
I mean, just ask 50 Cent. The G-Unit rapper's net worth is about $300 million, and even he thought buying Mike Tyson's old house turned out to be a not-so-good idea.
We'll see how it goes for Ross and if this home goes up for auction once again in the next five years or so. I mean, walking up those stairs is probably going to tire out the big fella sooner than later.
(H/T Bleacher Report)
