Wahlberg and family ditched Los Angeles for Las Vegas in fall 2022
Mark Wahlberg explains why moving out of Hollywood was best for his four kids
Mark Walhberg opened up about his decision to leave Hollywood for Las Vegas, telling Fox News Digital that the move gave his four kids a "chance to thrive."
Mark Wahlberg and his family have no regrets after they decided to move out of Los Angeles for Las Vegas about a year ago.
"Everybody's adapted nicely. The kids are all out at school, and everybody's happy," the actor told People magazine of his family – which includes his wife, Rhea Durham and their four children: Ella, 20, Michael, 17, Brendan, 15, and Grace, 13.
Since relocating to Sin City, the "Father Stu" actor has moved into a different home in Las Vegas, a source tells Fox News Digital. It was reported last month that Wahlberg sold the Las Vegas home he initially moved into for a reported $16.6 million.
The two-story 7,327-square-foot home was located in The Summit Club in Summerlin, which he initially purchased for $14.5 million in 2022, according to the Las Vegas Review-Journal.
MARK WAHLBERG'S KIDS ARE 'TERRIBLY EMBARRASSED' BY HIS 'MARKY MARK' '90S FASHION
Mark Wahlberg does not regret moving his family out of Los Angeles and to Las Vegas. (Photo by Denise Truscello)
In 2022, the star joined the ongoing celebrity exodus from Hollywood last fall, when he moved his family to Nevada.
In an interview with Fox News Digital in March, Wahlberg noted that "it's really giving the kids a chance to thrive."
He continued, "It just has the best of both worlds. I know a lot of people, when they think Las Vegas, they think the Strip. But just about 15, 20 minutes away, there's a whole lot of other amazing areas that are all about family and community."
WATCH: Mark Wahlberg explains why moving out of Hollywood was best for his four kids
In April 2022, Wahlberg listed his family's lavish Beverly Hills estate for $87.5 million and later purchased a home in the exclusive enclave of The Summit Club in Summerlin, just outside of Las Vegas.
The Boston native told Fox News Digital the move was "really about giving the kids an opportunity to pursue their goals and dreams."
"My daughter's an equestrian," he added. "My son's a golfer. My oldest daughter, now she's off to college. My son's a junior.
"There's lots of opportunity here as well for me. We're trying to create a studio. We're trying to build the shoe factory. We want to create lots of jobs here."
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During an appearance on "The Talk" last October, Wahlberg expanded on his ambitious plans for his new home city.
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"I moved to Nevada where, after this gubernatorial election, hopefully it will go to legislation and get a bill passed, so we can get a tax credit for the state — build a state-of-the-art studio here and make this Hollywood 2.0," he said.
The "Boogie Nights" actor, an investor in the sneaker resale marketplace, StockX, also shared his aspirations to build a shoe factory in Sin City and a factory for his apparel line, Municipal.
Mark Wahlberg and his wife, Rhea Durham, share four children. (Mark Wahlberg Instagram)
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"We're always looking for new opportunities and new adventures," he told Fox News Digital. "I hope to create of a lot of opportunity here. And I moved to California originally to make movies. I've made three movies in the last 15 years in LA. So, as you know, it's been difficult.
"The kids are really happy, and it's all about them."
WATCH: Mark Wahlberg discusses his plans to make Vegas 'Hollywood 2.0' and create 10,000 new jobs
Wahlberg detailed some of the advantages of residency in income tax-free Nevada, where the cost of living is cheaper than California. He cited the personal experiences of a group of his employees who moved to Vegas with him.
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"When I moved here, I brought probably like 15 or 20 people that work with me also moving here," Wahlberg said. "They went from three-bedroom houses that they were really struggling to pay rent for. And now they have a six-bedroom house. And it's, you know, half the cost."
"And, you know, they walk their dogs," he continued. "They're in a gated community. They've got the school right there two blocks down the road.
Movie star Mark Wahlberg previously shared that he wanted to turn Las Vegas into a "Hollywood 2.0." (Denise Truscello/Getty Images)
"It's just a much better lifestyle here and more affordable."
In 2016, the first Las Vegas Wahlburgers opened at the Grand Bazaar Shops at the Horseshoe, which was formerly Bally's. The actor celebrated the opening of his second Wahlburger's restaurant location on the Las Vegas Strip in March.
Fox News Digital's Ashley Hume contributed to this report.
Janelle Ash is an entertainment writer for Fox News Digital.
