Mel Gibson sells Connecticut estate

Mel Gibson has sold his sprawling Connecticut estate for £16 million and earned a massive £9.8 million 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 in 1994 while he was married to now-estranged wife Robyn.

According to Greenwichtime.com, the final figure is £10.3 million less than the original asking price of £26.3 million, 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.