From TMZ
Real estate sources tell TMZ ... the couple paid $200 million for the property, making it the most expensive home ever sold in the entire state of California ... eclipsing the previous record of $177 million. It's also the second most expensive real estate deal in the country -- the top being $238 million for an NYC apartment.
They actually got an unbelievable deal ... the home was quietly listed for a whopping $295 million.
The house sits on an 8-acre bluff overlooking the Pacific Ocean in the Paradise Cove area ... AKA Billionaires' Row.
It's also an architectural jewel, designed by Tadao Ando, a Japanese master architect, who is also designing the house Kanye West bought in Malibu.
The house was owned and built by William Bell, one of the biggest art collectors in the world. It took Bell almost 15 years to build the all-concrete structure.
The home is the couple's second massive real estate purchase in the Los Angeles area that we know of ... back in 2017, they purchased a Bel-Air mansion for $88 million, and pumped millions more into the home to push it over the $100 million mark.
23 comments:
Welp. There goes them "Jay and Bey are going broke" rumors.....
What a waste.
I'll believe it when I see the $200 million receipt. They were "speculated" to have brought another $100+ million dollar property last year, too, and we later found out that the financing fell through. Everything with this couple is smoke and mirrors. But Jay has to do something to change the narrative - especially since his European yt cronies are hipped to the fact that he isn't a smart business man and is just a con artist looking for a sucker.
Do yall question Oprah's wealth? Tyler Perry? Bill Gates?
If you simply despise the Carters just say that.....
We will never know what’s going on with them because they keep the details of their life sealed up air right from the public. Clearly they have money tho, that’s for sure! No shade from me. If I had it, I would live lavish too. You can’t take it with you when you die, and I’m sure their kids are straight. Live it up Carters 🥂
...any and everything but a DNA test.
Air tight*** cmon auto correct
I'm just laughing at the pic in the elevator😂...They can afford it..plus real estate is an investment..They ain't cutting a check for $200Ms silly ppl..its called credit plus deposits....Anyway, I'm tripping like why we gotta know this info..we know y'all rich, rich!
I don't understand why someone would spend that much for a home. Maybe its an investment. You cant resale it in 10yrs without putting more money into it with updates. Waste of money to me. Build a business that you can see a return.
Those land slide, fires and earth quakes are no joke in LA.
Not Impressed. Take The DNA- For Fs Sake
Beyond smoke and mirrors. These 2 lab rats have no koney , just like the rest of their Satanic peers. God has something in store for all of them.
Nice
👀👀👀👀👀
Jay and Bey are going to heaven where Jeffrey Dahmer went after he gave his life to Christ. Lmaoooooooo
Y'all I know its fun to hate and be crabs (you can blame the barrel or question why you're in it in the first place but none of those answers made the choice to hate) but the man just caught Seagram's and they people slipping and got to hold on to a minority share of the dusse venture and got broke of money equal to what he said the venture was truly worth not what they were trying to tell him it was worth trust me they have deeper pockets and a lot more juice than him and his circle he caught them hand in the cookie jar and then knew it so they treated him fairly to the tune of $900 million I think it was.......they got some change yeah I know we always hearing about the Kardashians and Puffy and this one and that one but that's all based on value of holding and multiples of annual earnings of companies the own or control and like many of them say "I don't have that money in the bank" but in this case Hov is fresh off a big win and he actually got the check not stock in a venture not leveraged to the hilt to have a controlling interest in some venture like a lot of them do but he got the bag this is the sh!t that makes people giants in the financial world rarely does it happen the way that happened very rarely most often they see the bag when they sell something but then they lose the reoccurring income whatever they sold generated they play for bigger stakes but are no different than regular joes in that they earn they satisfy obligations and get to scrape a little off for themselves granted is on a much larger scale than the average person but the formula is the same this was a windfall, a lottery win, a once in a quarter century happening hate all you want but they got money and plenty of it.
They can't even buy a house in private w/ o someone leaking info about the sell. Now everybody and their mamma know where Beyonce lives. That's going to give security a headache.
Good for them. Many people with money do the same yet we don’t hear about it. Enjoy your life as you see fit to enjoy it. I usually like to see people with money actually enjoying life as a rich person as opposed to stating what was purchased. I know Will Smith has money but he never flaunts his purchases. We just see him out having the blast of his life with friends in high places. We know he has the money because many of his projects exceeded expectations that no one has ever achieved such as being the only black actor to debut 8 movies well over $100 million and then we see him sky diving, walking bridges that aren’t supposed to be walked, hanging with friends in Dubai. Lol!
Jay is old and tired looking. Beyoncé is controlled and on a tight leash. They still do the most to impress who at this point? Not really impressed but that’s their life.
11:31 yes! Will smith has his own zip code! He’s rich rich.
Is bey0nce even alive?
@5:15 PM. That @$$ ain’t shaking itself.
Step up from the Marcey Projects
In all honesty, even if I were a billionaire, I can do so much for others that I'd never waste 200 million on a house. My limit would be maybe 1 million on good acreage and another 1 million on a solid house. Only thing I wouldn't skimp on is security.
How sum ah yalk hoez feel who got her album , clothes , perfumes, pocketbooks, ivy Park, house of derion. And yall stiill live in the project.
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