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Madonna makes huge profit on home sale

Pop superstar Madonna has made a profit of more than $3 million (GBP1.6 million), after selling the Beverly Hills home she purchased from actress Diane Keaton four years ago.
The Material Girl paid $6.5 million (GBP3.6 million) for the home when she bought it in 2000, and has now sold it on for close to its $8.9 million (GBP4.9 million) asking price.
The home boasts courtyards, an outdoor fireplace, a pool and detached offices.
Madonna, who lives primarily in London with her husband Guy Ritchie, first listed the eight-bedroom, 7.5-bathroom property in May 2003 at $10.9 million (GBP6 million).
A month later, she purchased a Beverly Hills compound from actress Sela Ward for $12 million (GBP6.6 million).
source : contactmusic.com