Pete Wentz moved to a modest home after Ashlee Simpson divorced.
- Year of purchase: 2012
- The cost of a house: $1,05 million
- Bathrooms and Bedrooms: Four bedrooms, two bathrooms
Pete Wentz purchased a modest Studio City house shortly after Ashlee Simpson divorced him. He spent about $1.05m which is not much for a band like Fall Out Boy, who have achieved so much. After the divorce, he probably wanted to take care of his finances.
The house had four bedrooms, three bathrooms and was an excellent investment. He also appears to have made a profit when he sold his house for $1,23million several years later. He wanted to move into a larger home for himself and Meagan when they became pregnant.
