Leonardo DiCaprio’s marked down Malibu home was sold for $17.35 million.
The actor, who recently starred in the Martin Scorsese film "The Wolf of Wall Street," sold the Cape Cod-inspired oceanfront property for millions less than he initially intended. Last year he put the house on the market for $23 million,
the Los Angeles Times reported.
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Since 2012, DeCaprio has been leasing the property for a whopping $150,000 per month.
It was not reported who purchased the Malibu property.
The property consisted of a compound partially surrounded by a large wooden wall containing three remodeled homes on just shy of one acre of land. Between the three separate homes, that appeared to be one for the star and the other two for guests, there were seven bedrooms and 6.5 bathrooms. Square footage was not reported.
It is unclear what motivated the popular 39-year-old actor to sell for less, considering he has an estimated net worth of $200 million,
according to CelebrityNetWorth.com.
Aside from his acting roles,
DiCaprio made news in January when he paid $100,000 to spend a day with former President Bill Clinton at a charity auction to benefit victims of Haiti's 2010 earthquake.
More recently, however, the Hollywood heartthrob
came under fire from the animal rights organization PETA for his scenes with trained chimpanzees in "The Wolf of Wall Street" film, where he is seen carrying an ape in his arms around coworkers in a crowded office scene in lower Manhattan.
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The People for the Ethical Treatment of Animals sent a letter to DiCaprio in response to the scene asking that he abstain from performing alongside apes in future films due to the way in which they have been treated in the past by Hollywood studios.
Ironically, DiCaprio has been a longtime advocate for animal and environmental causes around the world, having launched a foundation in 1998 "dedicated to protecting Earth’s last wild places and fostering a harmonious relationship between humanity and the natural world,"
according to its website.