Jennifer Lopez and Ben Affleck’s Shared Venture: Splitting Profits from $68 Million L.A. Mansion
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In a recent discovery, it was revealed that Jennifer Lopez and Ben Affleck have agreed to share the profit generated from the sale of their luxurious Beverly Hills estate. Reports obtained by PEOPLE suggest that the former couple, who finalised their divorce on January 6, had initially put up the mansion for sale in July 2024 with an asking price of $68 million. However, even after almost six months, the property still remains on the market.
The legal documents outlining the agreement specify that once the house is sold, the ex-partners will divide the final sale amount between themselves. The exact figures and percentage each will receive have been kept confidential. The sprawling estate, featuring 12 bedrooms and 24 bathrooms, was listed publicly on July 11 after an unsuccessful attempt to sell it off-market in June for privacy reasons, a common strategy among high-profile sellers.
Back in May 2023, Lopez, 55, and Affleck, 52, had purchased the 38,000-square-foot property for slightly over $60 million, less than a year after their wedding. The estate boasts several luxury amenities such as a guest penthouse, a massive garage able to accommodate 12 cars, an indoor sports complex equipped with basketball and pickleball courts, a gym, and even a boxing ring.
Following reports in May 2024 of the couple living separately, it was later confirmed by insiders that Affleck had moved out of the shared mansion while Lopez was away on a European vacation. During July of the same year, Affleck acquired a new residence in Brentwood for $20 million, a decision likely influenced by the proximity to his children with ex-wife Jennifer Garner – Seraphina, 15, and Samuel, 12, as well as Violet, 19, who is currently in college at Yale.
Having rekindled their romance in 2021, Lopez and Affleck tied the knot in a private ceremony in Las Vegas in July 2022, followed by a larger celebration in Georgia in front of close friends and family in August the same year. The intricate details of their divorce settlement, particularly regarding the division of assets, shed light on the complexities of managing shared investments post-separation.
As fans and onlookers eagerly await the sale of the opulent estate and observe how the profits will be allocated between the two renowned personalities, this development highlights the challenges that arise when celebrity couples navigate financial matters following a breakup. The saga of Jennifer Lopez and Ben Affleck’s shared real estate investments continues to draw attention as they move forward with their lives post-divorce. Stay tuned for further updates on this evolving story.