Justin Timberlake Sells Memphis Golf Course at Loss
Justin Timberlake has proven to be a remarkable talent over the past 15 years or so as a singer, dancer, songwriter, actor, comic, not to mention marrying Jessica Biel.
But when it comes to running a golf course, well, that’s another story.
Last week, Timberlake sold the Mirimichi Golf Course in Memphis, Tennessee, to a local businessman, for $500,000.
Not a bad price, except when you realize that Timberlake since buying it in 2009, Timberlake has dumped $16 million into renovating the
course and getting it “eco-friendly.”
Granted $16 million is a lot of money, even for a celebrity, but considering Timberlake’s net worth is $175 million, it’s not the end of the world.
A native of Memphis, Timberlake hosted the Shriner’s Open for Children from 2008 to 2012.