Since 2014, Rihanna has made The Century, one of Los Angeles’ most expensive and prestigious residential buildings, her primary residence. However, with a new baby and a second child on the way, along with staff and her ever-present entourage, she’s feeling a bit cramped in her three-bedroom, 3,500 square foot home.
To address this situation, the Barbadian superstar splurged $21 million on one of The Century’s largest residences, a penthouse that occupies the entire 40th floor of the building. This sprawling space is fit for any A-lister, boasting over 9,000 square feet of living area, numerous custom features, and stunning views.
The penthouse was sold by billionaire Nick Molnar, co-founder of the technology company Afterpay, who initially listed it for 28million.Throughsavvynegotiation,Rihannasecuredasignificantdiscount,likelyleveragingtheimpendingmansiontaxinLosAngelessincethepurchasewasfinalizedonMarch31,justonedaybeforethenewtaxtookeffect.HadthedealclosedinApril,Molnarwouldhaveincurredanadditional28 million. Through savvy negotiation, Rihanna secured a significant discount, likely leveraging the impending mansion tax in Los Angeles since the purchase was finalized on March 31, just one day before the new tax took effect. Had the deal closed in April, Molnar would have incurred an additional 28million.Throughsavvynegotiation,Rihannasecuredasignificantdiscount,likelyleveragingtheimpendingmansiontaxinLosAngelessincethepurchasewasfinalizedonMarch31,justonedaybeforethenewtaxtookeffect.HadthedealclosedinApril,Molnarwouldhaveincurredanadditional1.1 million in taxes.
As visitors step off the private elevator landing into the condo’s entrance gallery, they are greeted by the striking curving wall of floor-to-ceiling windows in the living room, which offers breathtaking views of the city skyline. The dining area features dark brown hardwood floors that seamlessly transition into the all-white kitchen, equipped with marble countertops, two islands, and top-of-the-line appliances.