After Ashlee Simpson’s divorce, Pete Wentz chose a more modest place to live.
- Year purchased: 2012
- Cost for a House: $1,05 Million
- Bathrooms and Bedrooms: 4 bedrooms, 2 bathrooms
Pete Wentz bought a modest Studio City home shortly after he divorced Ashlee Simpson. He spent around $1.05m, which isn’t much for someone like Fall Out Boy who has achieved so much. He probably wanted to manage his finances well after the divorce.
It was a great investment because it had four bedrooms and three baths. It appears that he also made a profit on the sale of his home for $1.23million a few year later. He wanted a bigger place for him and Meagan once they were expecting a child.
