Escape from LA! Jim Carrey becomes the latest celebrity to list his sanctuary $28.9M mansion … but with the likes of Mark Wahlberg and Elon Musk fleeing Gov. Newsom’s tax hikes on the rich as the city crumbles, will there be anyone left to buy it?
- Carey, who purchased his Brentwood mansion for $3.8 million in 1994, listed his home for a whopping $28.9 million
- It’s unclear whether Carey will remain in Los Angeles but, it begs the question whether there will be anyone wealthy enough in the city to enjoy it
- Several A-listers have fled, including Mark Wahlberg and Elon Musk, blaming Gov. Gavin Newsom’s high taxes and surging crime rates
Los Angeles’ wealthiest residents are fleeing the city as Governor Gavin Newsom hikes taxes on the rich and the city crumbles under soaring crime rates – with actor Jim Carrey the latest A-lister to list his home for sale.
Carey, 61, who purchased his Brentwood mansion for $3.8 million in 1994, listed his home for a whopping $28.9 million after announcing his plan to retire from acting.
In a statement to the Wall Street Journal, Carey said he no longer spends much time at the property and was ready for ‘Cha cha cha cha … changes,’ referencing the David Bowie hit. It’s unclear whether Carey will remain in Los Angeles.
It’s unclear whether Carey will remain in Los Angeles but, with several other icons of entertainment departing, will there anyone who wants to enjoy it?
According to the LA Times, the state of California has lost over 500,000 residents between 2020 and 2022. It’s the fourth largest decrease in the country in that time, behind New York, Illinois and Louisiana.
Listed: Jim Carrey, 61, officially listing his lavish Los Angeles estate located in the Brentwood neighborhood for a whopping $28.9 million after living in the home for nearly 30 years
Special: The talented star also talked to The Wall Street Journal in regards to selling the sprawling 12,704 square-foot mansion and expressed that the house had been, ‘a place of enchantment and inspiration’
Not only are California lawmakers are pushing legislation that would impose a new tax on the state’s wealthiest residents, there’s also a rising crime and homeless problem which has led these celebs to flee:
Mark Wahlberg flees to Nevada for a better life
The 51-year-old actor said he had bid the Golden State farewell in hopes of giving his children a ‘better life’ in income tax-free Nevada late last year.
He’s already made two purchases in the Silver State, a $15.6million 2.5-acre block of land in an exclusive area that he plans to build out, as well as a $14.5million bungalow to live in as construction begins, according to Elite Agent.
Wahlberg’s move to Nevada, which borders California, came after he put his astonishing 12-bedroom, 20-bathroom Beverly Hills mansion on the market for $87.5 million in April of last year.
It took nearly a year to sell, but on February 17 it was announced that the property had been purchased by an unidentified buyer for just above $55million.
Wahlberg noted that he moved to Nevada in hopes of getting a tax credit that would ease the creation of his proposed film studio.
The 51-year-old actor said he had bid the Golden State farewell in hopes of giving his children a ‘better life’ in income tax-free Nevada late last year
Wahlberg’s move to Nevada, which borders California, came after he listed his astonishing 12-bedroom, 20-bathroom Beverly Hills mansion for $87.5 million last year – it has since sold for $55 million
Elon Musk
The Tesla CEO and now ‘Chief Twit’ Musk has confirmed he has relocated to Texas in 2020 following a feud with California lawmakers over government shutdowns amid the COVID-19 crisis.
The billionaire founder of Tesla and SpaceX made the announcement during an interview with The Wall Street Journal.
The 49-year-old South African, who has lived in California for almost two decades, says the state has become ‘complacent’ when it comes to innovation.
‘They do tend to get a little complacent, a little entitled, and then they don’t win the championship anymore,’ he told the publication.
Musk claimed that California – and, in particular, Silicon Valley – ‘has been winning for a long time’.
‘I think they’re taking it [winning] for granted a little bit,’ he stated.
The Tesla CEO and now ‘Chief Twit’ Elon Musk has confirmed he has relocated to Texas in 2020 following a feud with California lawmakers over government shutdowns amid the COVID-19 crisis
The 49-year-old South African, who has lived in California – including in this $39.5million Bel Air estate – for almost two decades, says the state has become ‘complacent’ when it comes to innovation
Rob Schneider
While many celebrities have moved for marriage or relationships, noted conservative comedian and SNL alum Rob Schneider left for political reasons.
‘California, land of my birth and where all my children were born, I’ve spent all of my life in your beauty,’ he tweeted in 2020. ‘So it is with much sadness that we have to part. But it is time to leave #CaliforniaYouBrokeMyHeart.’
Schneider has since moved to what he called the ‘slightly freer state’ of nearby Arizona, telling Fox News in 2022 that he didn’t want ‘the Democratic Party trying to run my life.’
While many celebrities have moved for marriage or relationships, noted conservative comedian and SNL alum Rob Schneider left for political reasons
Joe Rogan
Comedian, MMA commentator and podcasting icon Joe Rogan has moved his Spotify-backed show, as well as the rest of his life, to Texas.
Rogan said he moved to Austin, Texas in 2020 to ‘have a little bit more freedom.’
The ex-Fear Factor host and his Texas-born wife, Jessica Ditzel, now live in a lakefront mansion in Austin after moving to the Lone Star state last year.
Comedian, MMA commentator and podcasting icon Joe Rogan has moved his Spotify-backed show, as well as the rest of his life, to Texas
Joe Rogan has offloaded one of two Southern California homes he owns for $3.45 million, which is $250,000 more than his asking price for the guard-gated estate
Busy Phillips
The comedic actress and Girls5Eva star made one of the more bizarre admissions at to why she left Los Angeles in a 2020 interview with Shondaland.
‘I don’t know one f—ing person in Los Angeles who doesn’t have Irritable Bowel Syndrome. It’s why we all give up gluten and wheat, but maybe it’s the toxicity of the city. I don’t know, just a theory,’ Phillips said.
She did provide a more serious explanation, referencing a conversation with then-husband screenwriter Marc Silverstein.
‘When the fires started again, I just had this real lightning bolt moment where I turned to Marc and said, ‘We have to leave. We have to go to clean air.’
Busy Phillips made one of the more bizarre admissions at to why she left Los Angeles in a 2020 interview with Shondaland
Ozzy Osbourne
The metal icon said in 2022 that he and wife Sharon were quitting Los Angeles and moving back to the UK because he pays too much tax in California.
The Black Sabbath rocker, 73, and his music manager wife Sharon, 69, are planning to relocate to their Buckinghamshire pile Welders House, with the couple having resided in Beverly Hills for more than 25 years.
According to the Mirror, Ozzy said: ‘We are leaving LA. We are a bit sad. But the tax is getting too much. I am sad because I really really like staying and living there.
On the move: Ozzy Osbourne, 73, says he is quitting Los Angeles and moving back to the UK because he pays too much tax in California (pictured with wife Sharon in 2020)
Home country: The Black Sabbath rocker and his music manager wife Sharon, 69, are planning to relocate to their Buckinghamshire pile Welders House
Matt Damon
The star of the Bourne franchise told People in 2021 that he, his wife and four children were leaving Los Angeles to move to New York City.
‘We’re moving at the end of the month and school’s September. We can’t wait to move back here,’ Damon said of the move to the Big Apple.
Damon joked about how he ‘might have to find a rental apartment’ to get away from the kids, ‘but I’m excited.’
The lifelong Bostonian will be much closer to home after the move.
Couple: Matt married his wife Luciana, 45, in a 2005 ceremony (pictured in October 2021)
Damon finally sold his stunning Pacific Palisades mansion for $18million after the Zen-inspired property sat on the market for a year
Chris Hemsworth
Hemsworth, the star of the Thor franchise for Marvel, left California in 2015, citing a desire to return home.
That means Australia, where Hemsworth, wife Elsa Pataky and their three children moved to a $7million property in Byron Bay.
‘We were in L.A. for six or seven years and then once we got the opportunity not to be there full-time, it was good to get back to Australia,’ Hemsworth said.
‘And it’s great. Quiet, coastal town – [it] couldn’t be further from Hollywood, which is nice. A nice break.’
Chris Hemsworth, wife Elsa Pataky and their three children moved to a $7million property in Byron Bay
Hemsworth, wife Elsa Pataky and their three children moved to a $7million property in Byron Bay in Australia
With these celebrities all packing it in and heading for greener pastures, even more could flee with progressive Democrat assemblyman Alex Lee recently introducing a bill that would impose an extra annual 1.5% tax on residents – past and present – with a worldwide net worth above $1 billion, beginning in January 2024.
As early as 2026, the threshold for being taxed would decrease. Those with a worldwide net worth exceeding $50 million would have to pay a 1% annual tax on wealth, while billionaires would still be taxed 1.5%.
Worldwide wealth includes diverse holdings such as farm assets, arts and other collectibles, as well as stocks and hedge fund interest.
California already taxes the wealthy more than most states, with the top 1% of earners accounting for about half of the state’s income tax collections.
California Governor Gavin Newsom recently announced another multi-billion dollar investment into solving the state’s radical homeless problem
According to Forbes’ 2022 World’s Billionaires list, there are 186 billionaires living in California, down from 189 the year before, but far more than any other state.
Homeless people are seen in Los Angeles, California on December 20, 2022
Nicole Ginsberg, 51, and her dog Lilly Day wait to see if they will be offered housing while living on 3rd Street in Venice on January 13, 2023
Eric Freeman, 59, cleans up the sidewalk in front of his tent during a pause from the rain storm in Skid Row where he has been living homeless, off and on, for the past 30 year in downtown Los Angeles
In 2020, California had the greatest number of millionaire households in the US, with 1.14 million households having one million or more in investible assets.
While some are fleeing Los Angeles for the rise in taxes, others are worried that the homelessness, poverty and crime are on the rise as well.
Homelessness, and especially homelessness with the added facet of severe drug addiction, presents a significant issue for many major metropolitan areas in the US right now.
Especially in Los Angeles and San Francisco, where the drug-addled homeless populations have all-but overtaken entire areas of the cities, making it hard for people to run businesses and parents to feel comfortable with their children walking to school.
Late last year, members of the Los Angeles City Council voted to stop homeless people from setting up their tents within 500 feet of schools in the city.
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