In Los Angeles, where the median household income is $56,000, a $500 million house is rising.

If and when America's class war-driven revolution begins in earnest, there would certainly be worse targets for guerilla action than unoccupied $100 million mansions—monuments to pure greed and speculation.

Minecraft creator Markus "Notch" Persson outbid Beyoncé and Shawn Knowles for the most expensive mansion in Beverly Hills, and nerds everywhere are celebrating their victory. Notch's net worth after selling out to Microsoft is estimated at $1.5 billion, roughly half a bil more than Beyoncé and her husband.

A wealthy amusement-ride magnate and his partner returned home to their stately manse outside Orlando Wednesday night and were robbed by a trio of men who invaded the house dressed as ninjas.

Lots of corporate CEOs are overpaid, but perhaps none is as spectacularly and flagrantly overpaid as Les Moonves, who runs CBS, a company most famous for making bad TV shows. This new $28 million mansion he bought is pocket change for ol' Les.

Are you in the market for a $2.2 million, eight bedroom, Tudor-style mansion? (In Atlanta?) Well, the Archbishop of Atlanta might have a property to show you! A property that he is begrudgingly vacating after coming under criticism for paying for it with church funds!

Recently, the New York Observer uncovered a new problem plaguing rich people: their giant homes are simply too big.

The news of the day: America is poor, but wealthy people are still building themselves huge mansions. Is it wrong for someone to build an obscenely luxurious home for themselves with their own legally obtained money and means? Yes. It is wrong.

Tiger Woods' recluse ex-wife Elin Nordegren got a $100 million dollar settlement after her husband fucked every Brandi, Krystal, and Hooter's Waitress Tammi in the entire country. She has so much money now that she's just wasting it by buying mansions and then ripping them down for fun.

From the Department of Totally Normal Home Sales comes the news today that Candy Spelling, wife of the late TV producer Aaron Spelling, has finally unloaded her famous 57,000 square-foot (yes) Los Angeles mansion for an undisclosed sum.

Saif Qaddafi, the Western-educated sociopath child of Libyan leader Muammar Qaddafi, has some guests staying in his $16 million London sex pad today, while he isn't there. Uninvited guests at that: They're activists who say they'll occupy the mansion "until this property can be returned to the Libyan people."

Bubbly blond TV personality Ryan Seacrest is selling the mansion he bought from Kevin Costner in 2006. His redecorating efforts even landed the "Casa di Pace" a spread in Architectural Digest! Wanna live in Mr. Infotainment's crib? Photos below.

The mansion where Michael Jackson died—TMZ has dubbed it, charmingly, "The MJ Death Mansion"—is for sale! Michael Jackson's ghost would be one of the best ghosts to have, when you think about it. [Pic via Real Estalker]

Dr. Phil must be missing his home state of Texas, because he and his wife just paid close to $30 million for this five-bedroom house in Beverly Hills that looks just like the Alamo. Or a fake villa.

The former SNL fall-downer and current Community curmudgeon sold the property back in 2001, but for years he roamed the historic home, presumably bought with his Cops & Robbersons riches. Now it can be yours, for $33M.

The official residence of the mayor of Denver has a fire pole in the master bedroom, a pink grand piano, and "mini-condominiums for squirrels." Sweetest mayor's house ever, right? So why is Denver selling it?

Facial-haired magazine mogul Jann Wenner's wife has paid him more than $20 million this year to buy his half of two properties the couple once shared, before Jann moved in with a guy 15 years ago. It's a living! [NYT]

When reporting on The Rich, it's critical to prove that they are, in fact, rich. This is most easily accomplished by showing their homes, because every reader can immediately tell that they couldn't even afford the solid gold horse stable, much less the platinum guest house or uranium master bedroom. But most of The Rich aren't gauche enough to allow a photographer to set foot on their property. What to do? Hire a helicopter, of course. You can spy on wealthy barons from the air all you want, and it's perfectly legal! Here's the proof, and the pudding: