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Venus Williams Sells Her House to Her Mom for Just $10

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Venus Williams is loaded, everyone knows that.  The benefits to her family are that when you have relatives with plenty of money, some things are free or cheap.  TMZ is reporting that Venus has agreed to sell her home to her mother for a surprisingly small amount of money.  For just $10, Oracene Williams is taking possession of Venus’ Florida home, which is 2,804 square feet.

The house is located in Jupiter, Florida and Venus apparently wants to live elsewhere.

The small exchange of money is probably for tax purposes and keeps the transaction legal. The house was bought for $310,000 back in 2000 and has four bedrooms and three baths.   That also happened to be the year that Venus won the U.S. Open, Wimbledon, and an Olympic gold medal.

Due to standard price appreciation, the house is probably worth over a million bucks. But the gift is nothing for Venus, who has an estimated net worth of $60 million.

But Serena Williams has Venus beat, both on the court and in her bank account.  Serena is worth $100 million herself.  So, there is plenty of money to go around in this family and both of these ladies enjoy taking care of mama.  We love it.

 

James