Beloved Mexican-American singer Jenni Rivera left behind a lasting legacy in the entertainment industry and beyond. One part of that legacy was her substantial real estate holdings, including a nearly 10,000-square-foot home in Encino, CA.
After Rivera’s tragic death in a plane crash in 2012, her assets were taken over by Jenni Rivera Enterprises LLC, which is headed by her sister and trustee, Rosa Rivera Flores. The company has since sold off some of Rivera’s properties, including her Encino home.
The new owners of the property are none other than Nick Lachey and Vanessa Minnillo Lachey, the celebrity couple knwn for their music and television careers. The couple reportedly paid $5 million for the sprawling estate, which includes six bedrooms, eight bathrooms, a pool, and a guesthouse.
While the Lacheys are sure to enjoy their new digs, it’s worth noting the many accomplishments of Jenni Rivera herself. In addition to her successful music career, Rivera was also an entrepreneur and philanthropist who started several companies, including Divina Realty, Divina Cosmetics, Jenni Rivera Fragrance, Jenni Jeans, Divine Music, and The Jenni Rivera Love Foundation.
Rivera’s real estate holdings were just one part of her impressive portfolio, but they serve as a reminder of the lasting impact she had on the world. As for the Lacheys, we wish them all the best in their new home.
Who Owns Jenni Rivera’s House Now?
The Encino, CA, home that belonged to late Mexican-American singer Jenni Rivera is now owned by Nick Lachey and his wife, Vanessa Minnillo Lachey. The couple purchased the property, which boasts nearly 10,000 square feet of living space, as their new residence. Jenni Rivera, who tragically died in a plane crash in 2012, previously owned the house.
Who Has Control Of Jenni Rivera’s Estate?
Jenni Rivera Enterprises LLC is the entity that holds most of the late singer’s assets and is responsible for managing her estate. The company is led by Jenni Rivera’s sister and trustee, Rosa Rivera Flores. There are also three entertainment-industry businesses involved in the management of the estate: Latin World Entertainment Holdings, Dhana Media, and BTF Media. The CEO of Latin World, Luis Balaguer, is also named as a defendant in the case. It can be inferred that the control of Jenni Rivera’s estate is primarily in the hands of her family and the aforementioned companies.
How Much Is Jenni Rivera’s Estate Worth?
According to various sources, the late Jenni Rivera’s estate is estimated to be worth $25 million. Jenni Rivera was a popular Mexican-American singer, songwriter, actress, and entrepreneur who achieved great success during her career. She was known for her unique voice and her ability to connect with her audience through her music. Despite her untimely death in a plane crash in 2012, her legacy has continued to live on through her music and her estate, which includes various assets such as real estate, investments, and royalties from her music. The exact breakdown of her estate is not publicly known, but it is believed that her children are the primary beneficiaries of her estate.
What Business Did Jenni Rivera Have?
Jenni Rivera, in addition to her entertainment career, was involved in various entrepreneurial pursuits. She founded several companies, including Divina Realty, Divina Cosmetics, Jenni Rivera Fragrance, Jenni Jeans, Divine Music, and The Jenni Rivera Love Foundation. Divina Realty was a real estate agency, whle Divina Cosmetics offered a line of beauty products. Jenni Rivera Fragrance was a fragrance line, and Jenni Jeans was a clothing line. Divine Music was a record label that Rivera used to release her music, while The Jenni Rivera Love Foundation was a non-profit organization aimed at supporting underprivileged children and victims of domestic violence. Rivera’s business ventures showcased her diverse interests and her commitment to giving back to the community.
Conclusion
The sale of Jenni Rivera’s former home to Nick and Vanessa Lachey is a significant event in the real estate world. The nearly 10,000-square-foot property located in Encino, CA, was once owned by the beloved Mexican-American singer who tragically died in a plane crash in 2012. Rivera was not only a successful entertainer but also an entrepreneur and philanthropist who started many companies and foundations. The sale of her former home to the Lacheys is a testament to her legacy and the impact she had on the entertainment industry and beyond. The involvement of Jenni Rivera Enterprises LLC and othr entertainment-industry businesses in the sale adds to the complexity of the transaction. the purchase of the property by the Lacheys is a significant event that highlights the importance of Jenni Rivera’s impact on the world and the lasting legacy she left behind.
