Mel Gibson sells Connecticut estate

London: Mel Gibson has sold his sprawling Connecticut estate for 16 million pounds and earned a massive 9.8 million pounds profit.

The Tudor-style mansion has been in the market for sale since 2007, reports the Daily Star. The actor bought the property in Greenwich, Connecticut, for 6.2 million pounds in 1994 while he was married to now-estranged wife Robyn. According to Greenwichtime.com, the final figure is 10.3 million pounds less than the original asking price of 26.3 million pounds, but it still makes a multi-million pound profit for Gibson on his original investment. The property boasts a five-horse stable, a log cabin and a swimming pool. ANI