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Beyoncé and Jay-Z Purchase California’s Most Expensive Mansion on Malibu’s Exclusive Billionaire Row

Music power couple Jay-Z and Beyoncé are flexing in the real-estate arena. The couple recently purchased what is reported to be one of the more expensive homes in the nation, for an undisclosed amount. 

LONDON, ENGLAND – JULY 14: Jay Z and Beyonce Knowles-Carter attend “The Lion King” European Premiere at Leicester Square on July 14, 2019 in London, England. (Photo by Dave J Hogan/Getty Images)

The home, located in Malibu, is 30,000 square feet, and real-estate experts believe the couple paid at least $200 million for the property. The purchase is said to be possibly the highest-paid home in California, breaking the previous record of $177 million. In addition, it could be the second most-expensive real estate purchase in the United States. The highest is an apartment sold for $238 million in New York City. 

(photo: morley construction company)

Wealth Builders

Hip-hop artist turned businessman Jay-Z has built his wealth not only through his music, but also Roc Nation, his entertainment company; his venture capital firm, Marcy Venture Partners; his collection of Jean Michel Basquiat art and his partnerships with Armand de Brignac champagne and D’Ussé cognac. 

(photo: morley construction company)

Singer, actress, entrepreneur and philanthropist Beyoncé has won more Grammy Awards than any other artist in history. Through her concerts, Beyoncé grosses over $2 million. Her recently launched Renaissance tour could rake in a whopping $2 billion. On top of this, her partnerships and endorsement deals with companies such as Adidas, which recently ended, and Netflix has made her one of the wealthiest celebrities. 

Jay-Z and Beyoncé have a combined net worth of $2.5 million. 

A Home On Malibu’s Billionaire Row 

Designed by notable Japanese architect Tadao Ando, the high-end home is made of all concrete, and took 15 years to build. Ando also built Kanye West’s $57.3 million mansion he purchased during his divorce from Kim Kardashian.

Today, the home is perched on an eight-acre bluff that overlooks the Pacific Ocean in an area called Paradise Cove or Billionaire’s Row. 

(photo: morley construction company)

Other Real Estate Holdings 

This is the couple’s second real-estate purchase in California. In 2017, Beyoncé and Jay-Z purchased their Bel-Air mansion for $88 million. Over the years, they have invested in renovating the home to increase its value to more than $100 million. 

In addition to these two properties, the couple has a portfolio of real-estate holdings throughout the world. From apartments in New York City to a waterfront villa in Miami, the couple has acquired real-estate assets exceeding $350 million. 

The couple owns a private island in the Bahamas that they purchased for $4 million and a mansion in the Hamptons called Pond House, bought for $26 million in 2017. 

Individually, they also own properties. Beyoncé has a home in New Orleans valued at $2.6 million while Jay-Z owns a luxury apartment in New York City. He purchased the apartment in 2004 for $6.85 million, and it is now valued at $10 million. 

What people are saying

2 thoughts on “Beyoncé and Jay-Z Purchase California’s Most Expensive Mansion on Malibu’s Exclusive Billionaire Row

  1. Dee Michelle says:

    Happy for them. They work hard and deserve everything they have.

  2. frederick Kennedy says:

    They have to spend it or the IRS going to take it.

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