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Adele Is Net Worth $220M But Still Can’t Afford A House In Her Hometown Of London: Why?

Adele is a special case in the world music industry. In 2006 she signed a record deal with XL Recordings. Exceeded expectations with just three albums but helped Adele become one of the best-selling female artists in the world with 120 million records sold.

All those record sales have made her one of the UK’s richest pop stars, according to Fortune, with a net worth of $220 million.

‘British painter’ owns million-dollar homes in the US

Adele has an expensive staff that includes a stylist, a personal trainer, an assistant and a couple of bodyguards. The singer has also built an impressive real estate portfolio.

The first of her many lavish possessions is a $3 million, 10-bedroom mansion in Sussex called the Lock House. She bought the property in 2012 when her career took off after the success of her first album 21. Lock House has five bedrooms, two offices and a helipad.

To expand her estate, Adele bought a lavish $3 million art deco beach house in Hove, just outside Brighton.

Singer Adele is Net Worth $220M But Still Can't Afford a House in Her Hometown of London: Why? - Photo 2.

Adele possesses many qualities (Image: Evening Standard)

In 2016, the singer also bought her first home in Beverly Hills for $9.5 million. According to Variety, the home has four bedrooms, six bathrooms, and a swimming pool.

The singer didn’t stop when he bought a $10.65 million Beverly Hills property after splitting from ex-husband Simon Konecki.

And most recently, the singer bought a third house, alongside the other two. The 4-bedroom, 4-bathroom villa with a swimming pool and basketball court is priced at $9.95 million. This villa with the other two plots has the potential to create a huge complex.

LA lifestyle: Adele claims she moved to Los Angeles because she 'couldn't afford' London house prices - despite boasting a net worth of £130 MILLION

LA lifestyle: Adele claims she moved to Los Angeles because she ‘couldn’t afford’ London house prices – despite boasting a net worth of £130 MILLION

… But can’t buy a house in London

In 2021, global superstar Adele admitted property prices in her hometown of London were giving her a hard time. Adele has revealed she moved to Los Angeles because she “can’t afford” to buy property in London. “The kind of house I have in LA I could never buy in London. The price of this house is in the hundreds of millions of pounds, I don’t have that much money,” Adele said.

Answering the first interview after 5 years, the singer openly commented on real estate prices in her homeland. Discussing her decision to move, the singer revealed that she wants to improve her quality of life. “Most of the time I’m in the car or in a building,” says Adele. “I want some fresh air and somewhere I can see the sky.”

Adeleville: Kể từ đó, nữ ca sĩ đã đầu tư hơn 30 triệu đô la vào bất động sản ở Mỹ và việc cô chuyển đến sống ở Mỹ chắc chắn đã dẫn đến việc phát triển tình bạn thân thiết với những người hàng xóm nổi tiếng của cô.

Adeleville: Đầu năm nay, cô ấy đã vung tiền mua ngôi nhà thứ ba trong khu nhà của mình. Biệt thự bốn phòng ngủ, bốn phòng tắm, có hồ bơi và sân bóng rổ, được bán với giá 9.950.000 USD

Adele’s story partly reflects the reality of UK property prices. According to Rightmove, the UK’s largest property portal and website, the average asking price for a home in the UK has risen for three straight months.

Details: The Grammy-winner said that when in London, most of her time was spent 'in a car or inside a building,' and that she hoped to relocate to a place with 'fresh air and somewhere I could see the sky'

Details: The Grammy-winner said that when in London, most of her time was spent ‘in a car or inside a building,’ and that she hoped to relocate to a place with ‘fresh air and somewhere I could see the sky’

However, this makes social network users skeptical, since their income is not small.

‘Adele can’t afford a house in London? So what do we do?” tweeted one Twitter user.

“She owns three houses in LA totaling $30 million but can’t buy property in London?” asked another.

Singer Adele is Net Worth $220M But Still Can't Afford a House in Her Hometown of London: Why? - Photo 3.

Singer Adele (Photo: Woman and Home Magazine)

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