Realtor Kurt Rappaport is very well known in the Los Angeles area. Not only does he earn a huge income by being a co-owner of the swankiest and most exclusive boutique brokerages in the L.A., but Kurt also makes millions of dollars by personally listing and selling the luxurious homes of the very rich and famous in Los Angeles.

For those of us who don’t him by name, you’ll probably recall this. He sold his own huge house on Calle Vista Drive in Beverly Hills to Tom Cruise and Kate Holmes in April of 2007. The amount was a shocking $30,500,000.

So where did Kurt Rappaport and his wife end up? They purchased the enormous house owned by auto accessories and tire tycoon, Lawrence Kraines (Kraco).

It was on the market for almost a year, but the 12,981 s.f. mansion finally sold for $15,990,000. Nice discount off the asking price of $18,950,000.   Full article

She’s made a dynamic leap from European actress to Hollywood superstar – but for Penelope Cruz the sudden rise to fame and fortune hasn’t come without a price.

“The most difficult thing in the world is to start a career known only for your looks, and then to try to become a serious actress. No one will take you seriously once you are known as the pretty woman.”

The exquisitely beautiful Spanish star was romantically involved with Tom Cruise, but was accused of breaking up his marriage with Nicole Kidman. Their relationship ended after nearly four years.

“I am amazed about how everyone wants to know about my love life. They whisper to me, ‘Tell me the truth? Is it true?’ Who cares? Because we have this job, we are to say to everybody what we do, or with whom we sleep? It’s a bit absurd, but that’s why everybody.”

“I have stepped off the relationship scene to come to terms with myself. I have spent most of my adult life being ‘someone’s girlfriend’, and now I am happy being single.”