Nicki Minaj May Sell $20 Million Mansion to Settle Judgment

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Nicki Minaj May Sell $20 Million Mansion to Settle Judgment

Los Angeles judge Cindy Pánuco announced on Monday a significant possibility of ordering the sale of Nicki Minaj’s luxury mansion in Hidden Hills, valued at $20 million. This step arises from a $500,000 default judgment awarded to a security guard who claims he was assaulted by Minaj’s husband during a concert in Germany.

Legal Proceedings and Judgment

The ruling is expected as part of an ongoing legal dispute involving Thomas Weidenmuller, the plaintiff, who filed for this judgment after the couple reportedly failed to respond to legal notices. Weidenmuller had previously tried various methods to enforce the ruling, but was met with no response from Minaj or her husband, Kenneth Petty.

Judge Pánuco scheduled a follow-up hearing for January 22. She emphasized the need for all necessary documentation from Bank of America, specifically the mortgage details related to Minaj’s home bought in October 2022 for $13.3 million. This documentation includes how much of the mortgage has been paid thus far.

Details of the Case

  • Weidenmuller claims to have been assaulted by Petty after trying to defend a female security guard during a 2019 performance.
  • He accuses Petty of ambushing him and has undergone multiple surgeries due to the injuries sustained.
  • Originally seeking around $721,000, the final judgment awarded was approximately $503,318.

Weidenmuller’s application asserted that selling the mansion would surpass the required judgment payment. With an estimated $6 million available post-sale, his legal team is confident the sale will adequately settle the judgment.

Nicki Minaj’s Financial Situation

Nicki Minaj, a global music icon, reportedly has a net worth exceeding $150 million. Despite this, the court documents indicated a lack of response to payment demands made by Weidenmuller’s legal representatives. The application described her failure to address the judgment as the reason for the extreme action being considered by the court.

Mansion Details

  • Location: Hidden Hills, California
  • Value: Estimated at $20 million
  • Mortgage: $13,258,000 lien attached to the property
  • Homestead exemption: $722,151

As the legal proceedings continue, the outcome of the hearing set for January could result in significant financial consequences for Minaj and Petty.

Background of the Incident

The initial altercation occurred in January 2022, with claims that Minaj had expressed frustration over a female security guard’s handling of a situation involving an audience member. This incident allegedly led to Petty attacking Weidenmuller in an effort to defend Minaj’s honor.

Weidenmuller, in his statements, described severe pain and the need for extensive medical intervention, resulting from the attack. His case has drawn public interest and continues to unfold in the Los Angeles court system.

As developments emerge, El-Balad will keep readers updated on this notable case involving celebrity status, legal accountability, and financial implications.