Jay-Z & Beyoncé paid cash for $200m Malibu estate

Jay-Z & Beyoncé paid cash for $200m Malibu estate

Jay-Z and Beyoncé bought their enormous new Malibu, Calif compound entirely in cash, TMZ reported Monday.

The music power couple dropped $200 million on the estate, which officially made it the most expensive home ever purchased in the state.

The contract is also said to be the second most expensive in the history of US real estate, as a New York City apartment previously sold for $238 million.

Reps for the rapper and the pop star didn’t immediately return Page Six’s requests for comment.

Sources close to the real estate deal told the outlet that the Carters bought the all-concrete home from William Bell, one of the biggest art collectors in the world who took nearly 15 years to build the manse.

The 30,000-square-foot property was designed by Japanese master architect Tadao Ando, who was also behind the $57.3 million mansion that Kanye West acquired during his divorce from Kim Kardashian.

The “Crazy in Love” collaborators reportedly got a great deal on their new home, as it was originally listed at $295 million.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Braggamando

All author posts
Related Posts
BBNaija 2020: Focus on your hustle, I’m not worth it – Nengi tells Ozo
BBNaija 2020: Focus on your hustle, I’m not...

Big Brother Housemate, Nengi has adviced her fellow housemate Ozo, to focus on why he came to the Lockdown...

Poland coach RESIGNS after Lewandowski chaos
Poland coach RESIGNS after Lewandowski chaos

Poland coach Michal Probierz, who had been feuding with star striker Robert Lewandowski, has resigned for “the good of the national team”,...

Angela Okorie Celebrates 40th Birthday with Star-Studded Event
Angela Okorie Celebrates 40th Birthday with S...

Actress and singer Angela Okorie, also known as Legit Queen, will celebrate her 40th birthday and book launch with a grand event...

Write A Comments