Take, for example, one of the most lavish of them all — one of Oprah Winfrey’s homes which sits on a 42-acre lot in Montecito, California. This estate was purchased by the media mogul in 2001 for a reported $52 million and has 6 bedrooms, 14 bathrooms, a tennis court, and more. Oprah refers to the property as The Promised Land in reference to Martin Luther King Jr.’s “I’ve Been to the Mountaintop” speech.