She’s a Bona Fide Baller

Posted on March 27th, 2008 - By Bossip Staff

Categories: Mary J Blige, News

Posted by Bossip Staff

maryj1.jpg

Mary found her dream home while house hunting recently:

“Grammy winner Mary J. Blige plunked down $12.3 million in cash for a Saddle River, N.J., mansion, ‘She fell in love with this one,’ a source said of Blige, who checked out several houses in the swanky area before settling on the 18,250-square-foot dream pad.”

$12.3 million in cash?? Just is case you were wondering, we now know those pockets are beyond phat. Her stack game is definitely on point.

mary’s padmary’s pad2mary’s pad 3

Source

  • Blind3rdEye

    Congrats on 1st

  • DaPrezident

    FIrst

    GET DAT CAKE MARY!!!!!!!

  • DaPrezident

    well… second… damn slow pc…

  • Southern Belle 225

    Damn Mary! Must be nice to just have 12.3 mill in cash handy!

  • AshleyB

    I love Mary! So happy for her

  • versace

    YYYYaaaaaaa!!! Good for u Mary!!!!

  • http://www.myspace.com/birdshu Bird

    Where can a sista fill out an application for head housekeeper. Chauffer. Gardener. Cook. Something.

  • Kompton’s Kutie

    Good for Mary! Congrats!

  • lily green

    Is it wrong for a rich and successful woman to have a sugar baby?? It is an absolutely extramarital relationship, but more and more services come out on Internet focusing on this kind of relationship, such as S u g a r m o m m a M e e t . c o m

  • dayg715

    CERTIFIED BALLER. mary is The Queen, period. keyshia who???

  • bree

    damn in CASH?!?! 12 MILLION????..wow!

    & K-Ci is at the local AppleBee’s struggling to leave a tip on his $30 meal..damn!

  • HereIambaby

    Love her smile and her confidence. She always has a positive attitude and that is what makes her outstanding. Everytime I signed in the site blackcentury.com and some men were talking her and said she is attractive

  • mr mr

    you gotta think, Mary been in the game since ’92…and has had consistent platinum albums..now with the success of the last few years comes Carol’s Daughter and Chevrolet…can’t beat that advertising $…

  • SWOOSH

    she deserves it

  • SQ

    Good for her, I love Mary.

  • mr mr

    Thanks to the sagging housing market, the 37-year-old best-selling singer got a relative bargain.

    The house originally went on the market last year for $17 million and was reduced this year to $13.9 million, the source said.

    Blige, who has sold more than 40 million records, will have plenty of hip-hop stars, rappers, movie stars and pro athletes as neighbors.

    Rappers Ja Rule, Wyclef Jean and the Rev. Run of Run-DMC live nearby.

  • Lady Architect

    Congrats to Mary on her dream home.

  • 6 Figgas aka Knotx

    Gotdayum I gotta get me one of them rich bit$$$$…

  • Jahpson

    definitely on point

  • YAHH!! TRICK!! YAHHHHH!!!

    DDAAAAAAAAAMMMMMMMMMM! i wanna b in her family tree!!!

  • Grace

    DAMN BREE, U BEAT ME TO THE K-CI JOKE! My mother always told me the best revenge is success! Mary is just as hot as she was in 1992. She is doing something right. I was just listening to the Def Jam MTV unplugged cd. Most of the artist on that CD have not had a hit in over a decade.

  • intenzemocha

    Love mary to death! I am so genuinely happy for her in all her success professionally and financially, personal growth, and marriage.

    Mary has gone through so much and overcame so many obstacles that many black women face today-I’m glad that she is a positive role model for all women, moreso black women, that we too can overcome poverty, abuse, drugs etc. and find love and happiness in the long run!

    All Hail The Queen!!!!!!

  • Get it right…

    $12.3 million in cash!!??!! Day’um Mary do your thang!!

  • White_Chick

    Go ‘head Mary!!!! Thats whats up!!!!!!!! And thats a goregous picture!!!!!!!!

  • HCR’s # 1 Fan

    That’s major!! Good for you MJB!!!

  • Lili

    mr mr

    you gotta think, Mary been in the game since ‘92…and has had consistent platinum albums..now with the success of the last few years comes Carol’s Daughter and Chevrolet…can’t beat that advertising $…

    ^^^Riiiiight. She keeps her stacks on the low, but I’m sure she’s got at least another 50million in the bank (if not tied in other property or investments) too.

    Good for her though. No wonder she and Jigga are good friends– I’m sure they’ve both been on that business grind for a minute, even if the fans/media didn’t know. 12million in cash doesn’t come outta thin air…lol

  • mr mr

    @ da darkness

    if you click on SOURCE (above under the original posting), NY Daily News gives you 11 pics of the house….quite nice

  • JAD

    Go ahead Mary!!!

  • Don’t mind me

    she looks deliciously devine.

  • mjoylaw

    I am truly, deeply happy for Ms. Mary…..

  • mjoylaw

    I just looked at da pics..the home is beautiful, it’s very plush but tasteful. Gon Mary! Enjoy it in good health and joy

  • http://www.casualpal.com for-fun

    she looks great in this pic…

  • ja

    Well then her financial advisor SUCKSS!! Why would she not leave 12mill in the bank & make the intrest off of it… I mean daymn… No wonder people go broke! 1st rule when your SUPER SUPER rich is NEVER touch the principle! Use the intrest on your money!!! DUMB ASS!

  • NotoriousOne

    @ ja…

    Have you been following the economy? Have you seen that the Feds have cut the interest rate drastically. In THIS type of market you don’t wanna keep your cash in the bank earning pennies on the dollar. Besides, I’m sure if she spend $12 million on a house she has $50 million in investments.

  • msindependent

    yeh is must be nice to have 12.3 million cash the jsut drop lik that.. her husband gotta be one happy dude. mary deserves it as much as she been thru and this is her break thru .. she been in the game since ’92′ and yet she still puttin out hit records.. thats sumin alot of people who were out in 92 r not doin..every one wants A dream house but dayum she definitly got THE dream house. mary will always be the queen nobody cant and will neva take the from her! she is gorgeous.. mary is so hood and i can tell that and i can tell that its al about business but if it ever came to it mary could beat somebody @$$

  • msindependent

    man she got more than enuff money 12 million ant nothin to her bets believ that

  • daniel

    go ahead marry. by moving into a rich white neigborhood and give them your tax dollars.

  • Only me

    A home built for a Queen cant think of anyone (at the moment) who deserves it more. Many long years of Living Laughing and Loving to Mary and Kendu

  • yup

    that also proves why shes da queen

  • Just Sit and Be Pretty

    Beautiful pic, beautiful dress, beautiful home…nice!!

  • http://same jay

    12.3million for a home , and you came from the hood, what about all those people from your hood who need a home or helping them pay off some bills.instead you get a 12.3million dollar home , with no kids , when will we learn to help our people out…but it is what it is , im happy for you

  • I’m Just Me

    Glad she paid that up front so she won’t have Latrell Sprewell issues later!

  • Bey

    Yeah, but it shows she is still gutter, cuz people who truly know MONEY, know you don’t pay cash for a house. An accountant, financial adviser, etc., would strongly advise against it. At least she’s showing she still has a little hood in her. Go head Mary!

  • Bey

    And to NotoriousOne.. Ja is correct. The fact that the interest rates are so low is more of a reason to finance. However, I wouldnt leave it in a bank account earning less than 1%. Keep it in investments and keep the buy and hold approach working for you Mary. Ask Warren Buffet!

  • NotoriousOne

    @ Bey…

    At the end of the day, unless you can come out w/ her net worth and her overall financial situation you can’t really say whether it was a good or bad deal. Again, if she paid $12 million I’m sure she has $50+ million still invested.

  • Bahamas/Chicago/Cayman Girl

    I am so proud of her, happiness brings money damnit she wasn’t doing all of this when she was with broke ass KC, so go on sista!!!!

  • Bahamas/Chicago/Cayman Girl

    @mr mr

    Thanks for the tips on the pictures, that house is beautiful!!

  • http://Afo.net Nanny

    I LIKE MARY. THANK THE BLACK COMMUNITY FOR SUPPORTING HER ALL THESE YEARS. BECAUSE OF THEM SHE CAN LIVE LIKE THIS. AND SHE DOESNT OWE US A DAMN THANG. BUT TO KEEP BRINGING THAT GOOD MUSIC AND KEEPING IT REAL. I WISH HER AND HER HUSBAND WELL. AND I HOPE MARY HAS SOME KIDS SOON. HER HUSBAND APPEARS TO BE A GGOD FATHER EVEN AFTER HIS DIVORCE HIS KIDS ARE ALWAYS WITH HIM AND MARY. MUCH RESPECT TO MARY. MOST WOMEN ARE SO DAMN INSERCURE NO MATTER HOW MUCH MONEY THEY HAVE. ( KIMORA). MARY HAS TO LOVE THAT MAN KIDS IF SHE TRULY LOVE HIM. GO MARY.

  • http://Afo.net BALLER

    SHE DESERVES IT.

  • Blacksmith

    The Daily News reports the house was originally put on the market for $17 mil and then it was dropped to $13 mil due to the market flucuation. She got a good deal on the house. Whenever the market turns around, the value of this house will increase. Smart move and so happy she’s doing it like that. This woman has earned every nickle and dime she makes. Do you, Mary!!!

  • Blacksmith

    ‘nickel’

  • da darkness

    @marry j can we be tight?

  • http://text-support.com Scooby Dubious

    Entertainers need to have environmental consultants, especially poor entertainers made good. Heating and cooling that house is going to ridiculously expensive. Mary probably hasn’t heard about peak oil (or gas), but she should. For $12.3 million, she could have hired an architect to design an energy-efficient home on a much more reasonable scale. Perhaps even an energy-self-sufficient home. I’m sure Mary is trying to realize every dream she had when she was a poor black girl in Brooklyn, but some dreams aren’t worth their cost. That big house in the suburbs is exhibit A in an unsustainable future. Stop dreaming, Mary, and read!

  • Trusted Source

    DO YA THANG MJB! AND I’M SO HAPPY FOR HER AND KENDU. AND SHE IS SPENDING HER MONEY ON THINGS THAT COUNT. CONGRATS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Detroiter4Life

    I LOVE Mary!! You do the damn thang Girl!!

  • http://yahoo.com intuitivepisces

    Git it Mary! You gon make that Forbes Top Ten yet.

    BTW, isn’t Saddle River where Rev. Run lives?

  • 6 Figgas aka Knotx

    @ Lai

    I C U ma…

  • mr mr

    lol….some of you “ghetto financial advisors’ need to get a life…if you so smart, how much u stackin?

    as someone earlier said, when the real estate market is how it is, those with money have a PRIME opportunity to purchase and HOLD real estate now that will appreciate in the upturn…buying a house outright with cash in this scenario is NOT a bad thing…

    hell, she prob got the tip from her girl Oprah who dropped cash for her home a few years back..

  • Earth Sign

    @ jay

    It can never be a bad investment buying Real Estate

  • http://yahoo.com intuitivepisces

    It’s not up to celebrities to soothe all the wounds of this world. It takes all of us to ensure that our kid’s college funds are financially sound. We regular everyday people have to push legislation for universal healthcare. We may not all have the monetary means to use, but we can dedicate our time to help these efforts. So my question to Jay is…what are you planning to do?

  • Miss J.D.

    REAL ESTATE IS NEVER A BAD INVESTMENT IN THE BEST OR WORST OF ECONOMIC TIMES. WHEN SHE FLIP THAT JOINT LATER ON DOWN THE LINE SHE WILL REUP (oops, been around my little brothers too long, RECOUP) WITH NO PROBLEM! BERT PADELL BEEN IN THE GAME A MINUTE AND HE HANDLING HER STACKS NICE ‘CAUSE THAT’S HOW HE DO. SHE GOOD!

  • http://! JRiddles

    GO MJB!

  • MunNeMaYkA

    It’s the perfect Palace for the Queen !!!!…LOVE YOU MARY

  • Kitty Katt

    Alright, You know i cant say nothin bad about Mary J. I love her. She represent for us ladies. So go MJB!!1 Do yo thang!!

  • HOTSTUFF

    I heard alot of ppl on the radio hating this morning and I say do your thang Mary…

    YOu came from the bottom and you damn sure made it to the top just keep inspiring women like me baby!!!!!

  • Kitty Katt

    Lai, I dont agree about the kids droppin out t be video vixens or rappers. Is that all u see in the young kids today? I agree with u th that its her money and she cant save everybody.

  • joe don

    This house is right down the street from mine, the community is called BROOKHAVEN. My house is on the market too.Its the first listing on that site. Check out the pics.This house is listed on my website. specialproperties.com Rev Run, Russell Simmons, Ja Rule, and for my WALL STRRET heads Allen Cohen(CEO OF AMBC). I moved here in 1998. Mary will love it here.

  • glad

    Jay and Scooby Dubious should just stop hating. No body owes anybody anything…and scooby if you are so smart why are you responding to GOSSIP.

    Mary…ENJOY YOUR LIFE because THIS IS ALL YOU GET IN LIFE IS WHAT YOU PUT IN IT.

  • *starlight*

    thats good but didn’t she already have a big house? She needs some kids

  • PeepEye

    Hopefully, she is thinking longer term about her career and life. Myself, I would have bought a 2 million dollar house and banked the other 10 million cuz I’m probably gonna need that in the future.

    The important question is whether she will be able to afford the taxes, insurance, maintenance and upkeep on a 12 million dollar house when her records stop selling and the checks stop coming in?

    It’s going to cost her off the top around 7% commission to sell it. That’s about $840,000!!

    A friend of mine bought a Porsche which he had been wanting for many years. He said that no one told him how expensive it would be to have such a “nice car”.

  • PeepEye

    joe don

    This house is right down the street from mine, the community is called BROOKHAVEN. My house is on the market too.Its the first listing on that site. Check out the pics.This house is listed on my website. specialproperties.com Rev Run, Russell Simmons, Ja Rule, and for my WALL STRRET heads Allen Cohen(CEO OF AMBC). I moved here in 1998. Mary will love it here.

    ______________________________________________

    Why do you want to move from this glorious place?

  • Aoki Lee

    Dear Mary;

    Please make sure YOUR NAME & YOUR NAME ALONE is on the DEED TO THE HOUSE!!!

    Kendu might be a nice guy but… something about playboy aint right! He too thirsty for fame to be cool with living as ‘Mr. Mary J. Blige’

    make sure your Life Insurance & that Pre- Nup is tight too!

  • mr mr

    @ PeepEye

    Her $ should be tight for some time…

    She just resigned with Universal, a publishing deal worth millions

    This tour with Jay Z, at the ticket prices they are charging, is expected to net both artists a cool $5M after expenses….

    NOT BAD

  • http://same jay

    THIS MESSAGE IS FOR MS. LAI! YOU STATED THAT MARY DIDNT GET THIS FAR WITH NO TALANT(BRITNEY SPEARS DID(LOL) MARY AINT WORK HARD SHE DID IT WITH DRUG MONEY FROM THE HOOD TO PAY FOR STUDIO, THATS KEEPING IT REAL, MARY HAS A GOOD THING GOING FOR HER A GOOD LIVING, BUT TRUTH BE TOLD SHE CANT SING ITS PUFFY’S BEATS AND HER IMAGE THAT SALES!I WENT TO MARY’S SHOW FOR THE FIRST TIME ABOUT 2YERS AGO, JUST TO SEE FOR MYSELF(IT WAS A JOKE! SHE COULDNT EVEN LIPSIC TO WHAT THE TRACK WAS PLAYING, THEN PEOPLE WANTA TALK BAD ABOUT MARIAH CARY,MARY DOSNT HAVE ANYTHING ON HER, TALENT,LOOKS,BODY,VOICE,ALBUM SALE…MARY CANT EVEN ACT..I STILL RERSPECT HER FOR WHAT SHE DOES BUT IM NOT WASTING ANOTHER DIME ON A LIVE CONCERT(LOL)I OWN ONE CD BY MARY, THE(WHATS THE 411)THAT WAS A TIGHT CD AND THE LAST I BROUGHT…MARY BETTER COME UP WIT A NEW FAD BECAUSE THE DEPRESSION CD’S ARE GETTING OLD

  • Tish

    I love Mary’s songs, style (sometimes) and how long she has stayed in the game but…… i’m sorry, she CAN NOT SING LIVE… she just yells and yells and then yells somemore… still have respect for her though

  • Its6amHogetOut

    6am……I love most of ya’ll!

  • Whatchaknoaboutdat?

    Yes, Mary has gotten her “self-esteem” and her stacks up… that is Ballin!!!!

  • Trini Chica in BK

    Yeah, now all she needs is some damn kids to take up some space.

  • http://same jay

    tish , thats keeping it real, mary is making a good living, as a entertainer, but she cant sing a lick!

  • http://www.ronpaul2008.com Heather — DONATE DONATE TODAY!

    Why would anyone question how much money Mary has? As a MJB fan since the get go, she has got to be rich. I am sure she did not make much money off the first two albums but she has had her own lable and writes and executive produces most her stuff.

  • DM

    In cash? I wonder if she has any investments, annuities, CD’s, treasury bills, stocks and bonds?

    That’s alot of money to pay in cash for a home.

  • http://same jay

    LAI, I WAS GOING TO RESPECT YOUR OPINION! UNTIL YOU SAID MARIAH IS A DOG WHISTLE, MARY SOUNDS LIKE A SOUR FART SQUEEZING THREW A TIGHT ASSHOLE,,AS FAR AS ME IN A STUDIO, ITS BY CHOICE,I DONT HAVE ANY KIDS,NO CAR NOTE SO I JUST BANK,BANK ,AND BANK, THIS WAY I CAN SHOP WHEN I WANT TRAVEL WHEN I WANT ETC.I HAVE FRIENDS EVERYTIME THEY GET A RAISE..THEY GET A ANOTHER CAR NOTE, OR BIGGER PLACE, THEN COMPLAIN ABOUT NOT HAVING ANY MONEY((DUMB ASSES)(LAI) YOU JUST MAKE SURE THAT BLOW POP IS ALL YOU BLOWING, TALKING ALL THAT SMACK ABOUT A NON SINGING HO! FROM THE GHETTO!LMAO!

  • truself

    Its6amHogetOut-

    I agree with you… except you’re all i need with Method Man.

  • PeepEye

    No one is begrudging Mary J. Blige for her phenomenal success, popularity or her beautiful home. No one is trying to take anything away from her, however I will ask how many superstar singers/entertainers that you know have ended up broke because of extravagant spending and bad business decisions?

    Got Names?

  • http://same jay

    PEEPEYE, YOU HIT IT RIGHT ON THE NOSE ENOUGH SAID..

  • Smart&Brite

    I don’t wanna hate and all but I don’t think she deserves a $12.3 million crib. I don’t think any so call artist in the music biz deserves to have that much money. Doctors a perhaps, a juge, a lawyer. But a singer that never finished high school, no way!!!

  • Whatchaknoaboutdat?

    Don’t hate on Mary!!!!

  • http://www.myspace.com/lik_wid_cherry Lik_Wid_Cherry

    Yea..that’s gangsta as hell! I Love Mary….he dress is slammin’ and so is her new home…Go MARY!!!

  • MARY IS ALL THAT

    THAT HOUSE IS BEAUTIFUL..MARY DO YOUR THANG.. MARY IS MY FAVORITE.SHE KEEPS IT REAL.SHES NOT A FAKE PERSON..MARY HAS COME A LONG WAY WITH HER VOCAL GAME. SHE SOUNDS GREAT LIVE..DO YOUR THANG MARY..LOVE U…

  • http://www.yahoo.com cosmas maingi

    in cash?so how much was she left with in bank?n other investments?thats much to spend on a house.

  • Shootingstar

    F*ck a subprime mortgage! Go on, Mary!

  • BellaY

    People are acting like Mary just moved up from skid row!!! Where do you think she was living before??? A box??? She has been in the game for years and has MANY investments. I saw her on the Cash Queens of Hip hop. I don’t know how much she’s worth, but its probably in the HUNDREDS OF MILLIONS!!!! 12 million is probably chump change to Mary at this point in her life, and I am so happy for her!

  • http://www.lovingmeans@aol.com Yonkers STAND up.

    Junior Oprah.

  • http://anonymissblog.blogspot.com/ Anonymiss

    Props. That’s a nice home.

  • http://KingTaharka.com KingTaharka

    Whats all the suprise about shes been selling well for over a decade and i mean very well she keeps it hood and females of all ages and backgrounds support and the pop music world loves her tis anit no suprise to me

  • Ann

    How beautiful the house is! I like it ! I always like her . I think a woman who can enjoy the beauty and happiness in life . How I envy her ! I first knew her is just from a web called “Wealthychat.com” almost every people speak highly of her . She is so popylar there. Maybe ahe had been there too.

  • MissLady-mam

    what’s so amazing about it…Mary is a celebrity she has money.ain’t no surprise.she doin’ better than half of the world right now, people suffering from the economy slump and all.Anyway Mary is inspirational because of all the stuff she went through to get where she is now not by this house alone.

  • genevadiva

    Nice house but dang couldn’t the grass be a little more greener for $12 mil!

  • Its6amhoGetOut

    You people are forgetting something, Publicist release the information youre reading, I doubt Mary paid cash for that house, it doesnt make sense, $12.3 million invested even conservatively will net you $750k per year more than enough to pay your mortgage, so you’d get to keep your original money and have the interest pay off your loan within 15 years. Dont believe everything you read dummies!

  • Kanaan

    It is amazing to me how passionate you all are about someone else’s money. I am amazed. Here is one for you to ‘grow on’.

    - Regardless how you feel about MJB, she earned that money honestly.

    - What she does with HER money is her business.

    - While you are so worried if she can ‘afford’ this home – the question is ‘can you afford YOUR home’?

    - Investments, stocks, bonds, etc. – Make sure you do these things with YOUR money. Stop counting Mary’s.

    - Giving back – make sure YOU give back and save your community (by the way, do you research – MJB donates heavily)

    Artist of other races often by extravagant & expensive homes and none of you have a word to say.

    GET A LIFE!!

  • http://www.lovingmeans@aol.com 1TruDiva w/ The PlatinumVocals!!!

    ^^^^^^^^^^^^^^^^^^Nice touch!

  • Its6amHoGetOut

    Thank You!

  • Ms. T.

    Way to go Mary. I am so happy for this sista. She has worked so hard to transform her life from the negative. I hope that she continues to stay healthy and prosper. She has truly matured. It’s good to see her doing so well and Kendu seems to have a really positive influence on her. God bless them both.

blog comments powered by Disqus