Ellen Degeneres reveals secrets behind her ‘very lucrative’ $ 190 million home-flipping ‘hobby’

Comedian Ellen Degeneres is open about her “very lucrative” home -passing “hobby,” revealing how she and wife Portia de Rossi have gathered a stunning fortune of $ 190 million from their smart real estate deals – while lifting the lid about whether she will continue her ownership activities now that she has permanently moved to the UK

Degeneres, 67, who stopped the US to move to the British countryside with the Rossi, 52, at the end of 2024 after he learned that Donald Trump Had explained the victory in the elections, Candidly shared her talent for home design in a broad interview with The Wall Street Journal.

Before moving abroad, the couple created the CV of home flips in and around California – a talent that they will now hope to help load their first British residence that Degeneres spent $ 9 million to realize that they needed somewhere with more space for her wife’s horses.

Since the mid -2000s, the duo has had more than 34 houses in the US, almost all of them that they have reversed for profit, in some cases that carry out renovations and bring the homes back to the market within a few months.

Degeneres spoke with the WSJ about this passion and revealed that she sustained her house -based hobby during the pandemic, when she had much more free time on her hands to devote to a new chase.

In 2020 alone, the comedian and her husband bought at least five houses, which they have since turned around and sold it to new buyers. In 2021 and 2022 they bought at least eight houses.

Occasionally the investments result in losses – but they are generally a lot at the top (and in the money), although their business manager, Harley NeumanThe publication told that, although they may have brought $ 190 million profit of their turnover, the money they have deposited into renovations means that the number is much lower in reality.

“I would like her to make such a big murder,” he said. “Forget the brokers and the escrow and title people, it is the costs of contractors and the designers and the army that comes in as soon as we are closed. It costs a village.”

He noted that the $ 190 million figure also does not take into account how much degeneres sinks into furniture costs – revealing that in most cases the documents are bought specifically for a house and then sold with it when it goes on the market.

“None of the furniture is cheap. She gets the art of the walls, but everything else is sold,” he revealed, adding that she probably worked a total of 50 housing flips.

Although some may assume that the comedian simply cannot settle on a house that she actually likes, she insists that her drive to overhaul houses and then sell them more motivated by her love for design and architecture.

“It is not that I am bored, I am just so passionate about architecture and furniture and you can only buy a certain type of furniture for a contemporary house or a house in the middle of the century,” Degeneres explained.

She admitted that if her television career did not work, she would have been an interior designer.

The TV personality also said that her hobby of home compartments is nothing new, in which it is explained that she has been interested in the designs of different characteristics since her child.

“We never had a house, so I always wanted to possess a house as an adult. I was fascinated by different architecture and different layouts,” she explained.

Degeneres revealed that she would like to be involved in every part of the home process that has every aspect from start to finish.

Rayni Williams Of the Estates of Beverly Hills, who represented an A-Lister who bought one of the houses of the couple, the outlet said: “She is not the kind of person hiring in a designer and says:” Here is my credit card. “She’s definitely the director.”

Degeneres noted: “[The homes] Always sold for more, because I have always done small tweaks. I would sell the house fully furnished, so people would not have to do anything, what a dream was. ”

Although Degeneres and De Rossi have made no secret about their preference for real estate deals, they have taken steps to increase their purchases and sales behind LLCs and trusts, many of which are linked to Neuman, who manages their accounts.

Yet a lot of attention has been paid to the properties that are known to have been reversed, with functions in numerous publications with regard to the many different purchases and the sale they have been behind.

In 2011, degeneres and the Rossi opened in an interview with their budding real estate empire Architectural Digest. In it they joked about how the habits of the comedian had quickly spent the habits of the home showers after she broke up her first home.

Degeneres’ first house was a Spanish bungalow in West Hollywood, Ca, which she earned and then sold.

During that process she told AD, she realized whether she “could make some improvements”, she could make a profit.

Now that they have moved to the UK, Degeneres admits that she does not know if she will have the time to go home with such a steadfast pace of the Wsj that she is planning to return to her primary career on the screen and on stage.

“I think I’m going to work again, so I look at how much time I’m going to have,” she admitted.

But the former talk show -guest lord hopes that her first trip to renovations in the pond will turn out to be a successful – earlier this year the original British house of the couple, just a year after they bought it.

Degeneres and the Rossi bought the 43 -hectare real estate in June 2024 for $ 20 million and continued performing an extensive renovation.

However, just a month after his move, the duo decided to continue – a much more extravagant home with a very different aesthetics than the historic stone farm they have now marketed.

Spend against The Wall Street JournalDegeneres explained that she and her husband made the decision to buy a second home because it offered more room for the horses of the Rossi, who had flown the couple to the UK after he decided to make the country their full -time house.

“When we decided to live here full -time, we knew that Portia couldn’t live without her horses,” she said. “We needed a house with a horse facility and meadows for them.”

The property that the duo is now trying to sell is known as Kitesbridge Farm and is located in a Tony rural area that is known as the Cotswolds, which has long been home to some of the most celebrated stars in the country.

In a past list, the building was described as “an eco-farm house with the perfect modern rustic interior.” Degeneres and the listing agent of the Rossi, Andrew Barnesnoted that the farm was somewhat “tired” when the couple bought it.

However, that did not prevent Degeneres from falling in love with the house – paid with a sensible payment of about $ 3.3 million on the asking price to secure the house, so that a team of 70 employees hurled to hurry through renovations, so that it would be ready for her and the Rossi as quickly as possible from the estimated time to complete the work to complete the work as soon as possible.

Nevertheless, Degeneres and the Rossi would eventually only spend a matter of weeks in the completed home before they continue to a new ultramodern house that is about 30 minutes away and has a more Malibu-like aesthetics than the traditional stone house that they first bought.