Gibson Sells Off Connecticut Estate
MEL GIBSON has made a massive $14.7 million (£9.8 million) profit on the sale of his sprawling Connecticut estate.
The actor bought the property in Greenwich, Connecticut for $9.3 million (£6.2 million) in 1994 while he was married to now-estranged wife Robyn.
The Tudor-style mansion, which boasts a five-horse stable, a log cabin and a swimming pool, has been on the market since 2007, a year after Gibson separated from his wife, and it has now been sold for $24 million (£16 million).
The final figure is $15.5 million (£10.3 million) less than the original asking price of $39.5 million (£26.3 million), but still makes Gibson a multi-million dollar profit on his original investment, according to Greenwichtime.com.