2012-10-16 22:48:49
2014-08-01 03:14:32

Birdman's New $15 Million Digs

Author: Seth Shafer

Hip hop mogul Birdman and his expensive tastes are once again making headlines, this time with the purchase of a $15 million Miami mansion.

Befitting a man heading up a record label called "Cash Money", Birdman recently picked up the 19,000 square foot mansion in Miami Beach for a hefty $14.5 million.

The  9-bedroom, 17-bathroom abode includes 100 feet of waterfront and the standard list of amenities: 25-foot ceilings, a 70-foot custom bar, massage room, home theater and gym.

The home has a slightly checkered past as it was previously owned by music producer Scott Storch.

Storch lost the house in 2010 to foreclosure. Storch described the house as his "drug den" where he blew through $30 million living there.

The mansion isn't the only big recent purchase by Birdman, who dropped $8 million back in May on a Maybach Exelero and has made headlines several different times for huge million dollar sports bets.

He's also said he plans to bet $5 million on Floyd Mayweather if he ever fights Manny Pacquiao.

Time will tell if Birdman follows down Storch's sordid road but at the moment Birdman isn't hurting for cash.

Despite all his big purchases Forbes estimates that he's still worth around $100 million and is among hip hop's five wealthiest artists in 2011.

Even Birdman doesn't have the cash for the most expensive celebrity home currently on the market in Miami though.

That award goes to the sprawling Gianni Versace estate which sports a price tag of $125 million.

Versace bought the 10-bedroom, 11-bath home in 1992 and spent over $30 million redecorating it. Each bedroom has its own unique fantasy theme.

Versace was murdered on the steps of the home and only time will tell whether or not that helps or hurts its market value.

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