Gwyneth Paltrow Sells LA Home For $22M. Here's A Look At Actor-Turned-Business-Mogul's Pricy Property Portfolio

Although her luxurious Brentwood home narrowly escaped the LA wildfires, Gwyneth Paltrow—who just sold the residence for $22 million—had been toying with offloading it for over six months.

According to The Wall Street Journal, the actor-turned-business mogul first listed the home in May for $29.99 million before lowering it by $5 million in October. Located in the Mandeville Canyon area of Brentwood, Paltrow bought the home in 2012 with her former husband, Coldplay’s Chris Martin, for $9.95 million. Her real estate agent said her reasons for selling were family rather than climate-related. Her children were older, and the Goop founder had recently built a new home in Montecito.

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$200+ Million Net Worth

In 2023, The New York Times reported that Paltrow’s net worth was “north of $200 million,” citing a Cosmopolitan article. Most of that is derived from her lifestyle brand, Goop. However, in September and November, Goop had to rebrand, going through two rounds of layoffs, according to media reports. 

A Goop spokesperson said the goal of the reduction was to “optimize operational efficiency and revenue growth in our key verticals of beauty and fashion.”

Goop, Iron Man, And More

Business Insider said that Goop, which Paltrow founded in 2008, had raised more than $140 million from blue-chip firms like NEA, Lightspeed Venture Partners, and Felix Capital and was most recently valued at $433 million, per PitchBook. According to Women’s Health, Paltrow owns a 30% stake in the company, estimated to be worth around $75 million.

Paltrow was financially secure long before Goop thanks to her acting career, which peaked in the 1990s and early 2000s. She made $10 million from starring in View From The Top, and Forbes reported in 2014 that she earned $19 million from Iron Man 3 and associated endorsement deals. 

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Real Estate

Besides her home in Montecito, which she shares with producer and director husband Brad Falchuk, Paltrow still owns a home in Amagansett in the Hamptons, purchased with ex-husband Martin in 2005 for $5.4 million. She and Falchuk were married in the back garden of the property in 2018.  

Marty Supreme: A Return To Acting

Paltrow is set to resume her acting career with the forthcoming movie Marty Supreme from the indie production company A24, in which she stars alongside Timothée Chalamet. According to ABC News, the film is about the life of table tennis player Marty Reisman.

Moments In Space

When you consider that Paltrow coined the term “conscious uncoupling” during her split with Martin and first brought the Chinese health technique of cupping to the public’s consciousness, it might not come as a surprise that the wellness guru has invested in an AI app that specializes in eyes-open meditation. Called Moments In Space, Paltrow is not only the face of the company but also has an equity stake. 

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According to The Drum, the app allows users to meditate while doing everyday activities like washing up or making a cup of tea.

“From day one, she was just really keen to get it done, and our vision for what we wanted to create was very aligned,” said co-founder Ben Little. “We all wanted to put something in the world that had a positive benefit, provide an alternative for what was out there, and also build a successful business.”

Crypto

Paltrow has also invested in crypto, earning more than $1 million dollars during a recent 7% uptick.

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