A vintage sports car bought by Hollywood icon Steve Mcqueen while shooting classic cop movie Bullitt has sold for $10 million (£5.8 million), almost $2 million (£1.1 million) less than experts hoped. The red, 1967 Ferrari 275 GTB/4 was acquired by the actor during filming of the 1968 hit, and he owned it until 1971.
It was put on sale by staff at RM Auctions in Monterey, California over the weekend (16-17Aug14) with hopes that it could fetch as much as $12 million (£7 million), but the vehicle attracted a highest bid of just over $10 million.
It is believed the fact it was formerly owned by The Great Escape star pushed the price of the car up to more than three times its usual value.
Max Girardo, managing director of RM Auctions, says, "There's definitely a multiplier. Any car that's owned by a famous person will have an extra bit to it. When it comes to cars with celebrity provenance, it doesn't get any better than a Ferrari owned by Steve McQueen."
The sale was held as part of Monterey Car Week.
Ashton Kutcher is following in his fiancee Mila Kunis' footsteps by selling off his bachelor pad. The actress put her mansion in Los Angeles' Hollywood Hills on the market for almost $4 million (£2.4 million) last week (ends10Aug14) and now her husband-to-be has sold his own bachelor pad as the couple prepares for married life.
Kutcher received almost $10 million (£5.9 million) for the property, also in the Hollywood Hills, which features five bedrooms, eight bathrooms, a gym, sauna and infinity pool.
The couple recently bought a home together in an exclusive gated community in Beverly Hills, California for a reported $10 million. The actors, who met on the set of That '70s Show, are preparing for the birth of their first child, which is due next month (Sep14).
They became engaged earlier this year (14).
Tom Petty & The Heartbreakers have scored their first-ever U.S. number one album. Hypnotic Eye becomes the group's first release to top the Billboard 200 in the band's 37-year history.
The album sold 131,000 copies in its first week, and becomes Petty's best debut since his solo album Wildflowers opened with 161,000 sales in 1994.
Sales for Hypnotic Eye were boosted by an album promotion with Petty's current concert tour - fans who bought a ticket to Petty's shows had the option of also receiving the album as part of their purchase.
Another old-time rocker, Eric Clapton, is also celebrating after debuting his JJ Cale tribute, The Breeze: An Appreciation of JJ Cale, at number two with 61,000 first-week sales.
The Guardians of the Galaxy soundtrack has missed out on the number two spot by just 1,000 sales, while last week's number one album from 5 Seconds of Summer falls to four and singer Shawn Mendes rounds out the new top five with his self-titled debut.
That means the Frozen soundtrack has finally fallen out of the top five, after 31 weeks. The former chart-topper slides from two to six on the new countdown.
Richard Gere has cut the price of the sprawling New York property he shared with his estranged wife Carey Lowell for the second time in four months. The Pretty Woman star initially put his Strongheart estate in North Haven, the Hamptons on the market for $65 million (£40.6 million) last summer (13), and dropped the price by $9 million (£5.6 million) in April (14) after struggling to offload the property.
Now Gere has slashed the price yet again by another $8.5 million (£5 million), and the pad is now listed for $47.5 million (£28.2 million), according to the New York Daily News.
Gere and Lowell bought the three pockets of land that became their estate between 2005 and 2008 for a total of $11.3 million (£7 million) and then paid a fortune renovating the 1902 main house and guest quarters, according to RealEstalker.com.
The waterfront compound boasts 12 bedrooms and bathrooms, a gym, basketball courts, an outdoor fireplace pavilion and a heated pool.
It is the second Hamptons home Gere and Lowell have had to accept a lower sale price on - in 2009, they sold their farmhouse in Water Mill for $5.9 million (£3.7 million), almost $3 million (£1.8 million) less than the initial market figure.
Michael Jackson's iconic Neverland ranch is to be sold by a billionaire's private investment firm.
According to sources, Tom Barrack's company Colony Capital is planning to put Neverland on the market. The firm currently own a primary stake in the estate after a deal made in 2007, when it purchased the $23 million loan (£14 million) Jackson owed to private investment group, Fortress Investment.
A representative for Jackson's estate tells in a statement, "We are saddened at the prospect of the sale of Neverland which, under the agreement negotiated during Michael's lifetime, Colony has the right to sell.
"The estate will maintain Michael's family home in Encino, including its iconic recording studio there... We hope and trust that any new owners of Neverland will respect the historical importance and special nature of this wonderful property."
Jackson bought the California property in 1988 and stayed there until his child molestation trial in 2004.
Robin Thicke is facing embarrassment Down Under after his new album sold fewer than 54 copies in Australia in its first week of release. The singer's new record, titled Paula, failed to break into the country's ARIA Top 500 chart after it hit shelves last week (ends06Jul14).
Limited sales data is recorded for albums which fail to make the chart, but the figures show Paula shifted only a handful of copies.
The news comes after the record flopped in the U.K., reportedly selling just 530 units to scrape into the charts at number 200, and in Canada, where Paula was bought by just 550 fans.
The album has fared slightly better in the U.S. where it sold around 25,000 copies to reach number nine on the Billboard 200 chart this week (beg07Jul14).
The numbers are a stark contrast to Thicke's hugely successful 2013 album Blurred Lines, which debuted at number one in the U.S. and Britain, and won a Grammy Award nomination in the Best Pop Vocal Album category.
The house where George Harrison grew up is to go on sale at auction. The Beatles guitarist lived at the terraced property in Liverpool, England with his parents between 1949 and 1965, and the Fab Four are said to have written hits including Love Me Do there.
The building is now up for auction via Homes Bought Fast, and managing director David Coughlin tells Britain's Liverpool Echo newspaper, "We are overwhelmed by the interest surrounding this property. When we heard it was a Beatle's former house we implemented a lot of research which confirmed it was George's house - and we still couldn't believe it.
"It's part not only of Liverpool's history, but of the world of music, and there's something very special about being in the same place as the Beatles' once were."
John Lennon's childhood home in the same city was sold at auction in 2013 for $816,000 (£480,000), well above the $255,000 (£150,000) guidance price.
British rocker Sting is set to make millions in the London property boom by selling off two of his homes for a huge profit. The Police star recently sold a house in Green Park for $12 million (£7.5 million), and now he has put his nine-bedroom mansion over looking St James's Park on the market for more than $36 million (£20 million), according to Britain's The Sun newspaper.
The publication reports Sting and his wife Trudie Styler bought the expansive property for around $9.1 million (£5.7 million) in 2003, so he is set to make around $24 million (£15 million) profit.
The couple is now mainly based in New York.
Rapper 50 Cent is set to invite a group of lucky fans into his home to "hang out" as part of a $5,000 (£3,100) promotion linked to his new album. The In Da Club hitmaker put together a "bundle" that allows superfans the chance to spend time with 50 when they buy his new album Animal Ambition.
He explains, "We came up with, 'Maybe if we have a weekend...' where they can hang out (with me)... at the house. It sold out... It's gonna be a party."
But lusty fans hoping to get extra close to 50 during the sleepover will be out of luck.
He explains, "I'm actually gonna lock my (bedroom) door that night."
There will be plenty for the fans to do - 50 Cent's home, which he bought from boxer Mike Tyson, includes a night club, racketball and basketball courts, indoor and outdoor pools.
He adds, "It's like a day spa. It's a facility for people - you're supposed to invite people and entertain them."
Offering up the bundle, which also includes limited edition T-shirts and earphones on shop.50cent.com, the rapper writes, "You and 2 of your friends will get to Hang out with 50 at his Mansion in Connecticut for the Weekend and get to experience the good life."
Sharon Osbourne got revenge on her rocker husband Ozzy for drinking and taking drugs behind her back by selling his fleet of sports cars while he was recovering in rehab. The rock family matriarch was furious when the Black Sabbath star confessed he had fallen off the wagon, and he revealed last year (13) that he had returned to an addiction clinic after resuming his hellraising lifestyle for 18 months.
The devastating news put a strain on the couple's marriage, but they rebuilt the trust once Ozzy was sober again - and now the veteran star has revealed how Sharon got rid of his beloved cars while he was receiving treatment.
He tells Q magazine, "I don't drive very much, although I have a few cars. I bought myself an Audi R8 and a Ferrari. They went when I started drinking again. I came home and Sharon had got rid of them."