The trajectory of Brooklyn Beckham’s US assets, from the loss of millions of dollars to the reestablishment of fame in Beverly Hills, as his family feud unfolds. Photo: Lisa O’Connor / Getty
Brooklyn Beckham has forged his own path, quietly building a local empire amid ongoing conflict with his parents David and Victoria.
While the family’s breakup has dominated the headlines in recent days, it has also shed light on Brooklyn’s transition toward financial independence, with a chain of properties moving to Los Angeles.
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The renewed focus on Brooklyn’s independence comes after he published a lengthy Instagram statement explaining his decision to leave his family, saying he no longer wanted a life shaped by “image, pressure or deception” and that he prioritized privacy, peace and happiness with his wife and future family.
Brooklyn Beckham posted a long statement on Instagram explaining why he is leaving the Beckham family. Photo: Instagram / Brooklynpeltzbeckham
In her Instagram posts, Brooklyn said she wants “peace, privacy and happiness” with Nicola Peltz Beckham. Photo: Instagram / Brooklynpeltzbeckham
David and Victoria Beckham have not publicly responded to these claims.
The Brooklyn real estate tour included seven people’s misadventures, followed by a highly-anticipated luxury purchase in one of Beverly Hills’ most exclusive neighborhoods.
The newlyweds’ mansion in Beverly Hills
The purchase of a Brooklyn mansion with Nicola in Beverly Hills ended up at a huge loss after selling for around A$14.1m, after paying around A$16.1m. Image: YouTube / Mansion Central
Brooklyn and wife Nicola Peltz are making their first big property move in 2021, buying a Beverly Hills home just months before tying the knot.
The couple paid US$10.5m (about A$16.1m) for the property, making it their first wedding venue in Los Angeles.
But this decision quickly came to light.
Less than a year later, the home was put back on the market and finally sold in August 2022 for US$9.25m (about A$14.1m).
Brooklyn Beckham and Nicola Peltz Beckham have been building a life in the US, as well as a local structure, away from the views of the Beckham family. Photo: Fraser Harrison / Getty Images
The auction is locked in a loss of about A$1.25m, or close to A$1.9m, before transaction costs.
Nicola later described the purchase as a “stupid” mistake, saying the couple had underestimated how much they would need to be in Los Angeles for work.
Beverly Hills condo
The couple’s low-key Beverly Hills condo is a $3.8m (about A$5.8m) top-floor condo owned by Nicola’s mother. Image: Nearby map
After the mansion was sold, the couple moved into a more modest, but classy, home that remains in order.
They are understood to be based in an 11th-floor condo near Beverly Hills that was bought in 2012 by Nicola’s mother, former model Claudia Heffner Peltz.
The apartment was bought for US$3.8m (about A$5.8m) and has three bedrooms and five bathrooms in a high-rise building just minutes from the center of Beverly Hills.
Despite its luxury credentials, Brooklyn and Nicola described the home as deliberately low-key, saying they preferred quiet nights and privacy over the megamansion life often associated with celebrity heirs.
The Beckham family feud has dragged Nicola Peltz Beckham into new headlines as Brooklyn puts her life and wealth above royalty. Photo: Vianney Le Caer / Getty
Trousdale Estates shopping marks have been reset
The purchase of Brooklyn and Nicola’s Trousdale Estates, for approximately A$24.4m, marked their most significant asset move yet. Photo: Instagram / @carlgambino.realestate
Brooklyn’s biggest real estate statement came late last year, when he and Nicola quietly secured a high-end home in one of Los Angeles’ most exclusive neighborhoods.
The couple paid an estimated US$16m (about A$24.4m) for the mansion in Trousdale Estates, a prestigious pocket of Beverly Hills favored by A-list celebrities and business elites.
The deal was completed through a private company arrangement, a common move among high-end buyers looking for insight.
The property was previously marketed at close to US$19m, suggesting the pair got the home for less than their high expectations, a stark contrast to their previous forays.
For observers, the acquisition showed a more calculated approach to the area and a clear intention to establish long-term roots away from family scrutiny.
Places to stay in Peltz Florida
Nicola Peltz Beckham’s family Palm Beach estate, worth around A$116m, reinforces the wide world of real estate the couple is entering.
Although not specifically Brooklyn, the large estate of Nicola’s millionaire father, Nelson Peltz, is part of the real estate the couple is moving into.
The Peltz family estate in Palm Beach, where Brooklyn and Nicola are getting married in 2022, is valued at an estimated US$76m, or about A$116m, and offers beachfront access, sprawling grounds and recreational facilities.
David and Victoria Beckham have yet to respond publicly as the statement from Brooklyn and US assets put the family under renewed scrutiny.
The Brooklyn real estate boom has taken on new importance amid his estrangement from society and the Beckham family, with property emerging as a clear path to his financial and personal independence.
Additional reporting by Belinda Palmada
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