Jay-Z & Beyoncé Break The Bank For California's Most Expensive Home Ever
By Favour Adegoke on May 21, 2023 at 3:30 PM EDT
In an unprecedented display of luxury, power couple Jay-Z and Beyoncé have reportedly splurged an astonishing $200 million on a 30,000-square-foot mansion in Malibu, California.
The purchase immediately shattered real estate records, making it the most expensive home ever sold in California.
Read on for more details.
Jay-Z And Beyoncé Acquire Most Expensive Home In California
According to TMZ, the couple has just splashed a whopping $200 million to cop the most expensive home ever sold in the city.
The stately home, located in the heart of California's prestigious Malibu neighborhood, sprawls over 30,000 square feet and offers breathtaking views of the Los Angeles skyline and the Pacific Ocean.
Designed by renowned architect Tadao Ando, known to be designing Kanye West's home in Malibu, the mansion is a masterpiece of modern architecture, boasting cutting-edge amenities and unparalleled luxury.
According to the news outlet, the "Drunk In Love" collaborators purchased the Malibu oasis from William Bell Jr., one of the world's most prominent art collectors. The estate comprises Bell's private art collection, a water feature, and a swimming pool, providing an oasis of relaxation and tranquility.
The mansion, built for over 15 years with sustainability in mind, is an all-concrete structure and reportedly cost Bell about 100 million dollars in loan.
Jay-Z and Beyoncé's new acquisition isn't the first time they have spent big on a property. In 2017, they paid $88 million for a Bel-Air mansion and invested more millions for its worth to appreciate.
Fans React To The Luxury Purchase
Reports of the power couple's new home have been met with mixed reactions from fans who used social media to express their opinion.
A fan wrote, "Damn, one can afford a $ 200 million house, and yet here I am, can't afford a $50,000 house. Anyways, it's everyone's grind... Big ups to them."
Another fan said, "Who cares? They are rich, and we average working-class definitely can't afford something like this."
"Why but such a big house?" a fan quizzed. "The only good thing I find is that if we fight, I can go to the opposite extreme of the house, and we wouldn't see each other for days."
Another fan said, "She could have bought a prettier house with all that money."
"That is why she's doing a world tour, To pay for this! I guess people who are going to the concerts are paying for it... Lol," a fan shared.
Beyoncé Dazzles In Diamond-Encrusted Minidress With Jay-Z
View this post on Instagram
The "Formation" hitmaker always captivates the world with her mesmerizing talent and incredible style. On Friday, Beyoncé left fans in awe as she shared a photo of herself wearing a jaw-dropping diamond-crusted mini dress alongside Jay-Z.
The singer, currently in England with her husband on the UK leg of her Renaissance world tour, took the opportunity to share the photo with fans on Instagram.
Adorned in a black diamond-crusted mini dress and a matching handbag, she radiated an air of sophistication and glamour as she posed beside her husband, dressed in black pants and shirts with black jackets and white sneakers.
She showed off her cleavage in the low-cut off-the-shoulder design and wore shiny pink eyeshadow styled in curled waves.
Beyoncé Drops Surprise Remix To 'America Has A Problem
In a stunning move that caught the music world by storm, Beyoncé has dropped a surprise remix to her song, "America Has a Problem."
The reprising of acclaimed rapper Kendrick Lamar to the track, released yesterday, adds an explosive new dimension, solidifying the song's powerful message and its impact.
Lamar characteristically rapped quickly on the track, proclaiming himself "honorary Beyhive." He rapped, per Billboard, "My momma told me that the money outgrew you / My horoscope said I'm really out my noodle / I'm troublin', I'm puzzlin', it's sudoku / Say B, yes, America got a problem / Kicked up, choosing love, well, they chose violence."
Amid the surprise release of the remix, Beyoncé fans are still anticipating when the singer will drop the visuals for her highly successful seventh studio album.