Jay Z and Beyonce Buy The Most Expensive Property in California for a Jaw Dropping $200 Million!

Published on May 22, 2023 | Published By: Natalie | In Interesting Facts , Net Worth , Shop

Beyonce and Jay Z buy a $200 million California home. source: Page Six

Beyonce and Jay Z reportedly bought a mansion for $200 million.
The purchase is dubbed as the most expensive one in California to date.
The power couple is worth more than $1.3 billion.

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Beyonce and Jay Z’s $200 million mansion is the most expensive in California

Beyonce and Jay Z are the royal couple of music and it’s no surprise that the two would only live in palatial mansions that are no less than a royal palace.

The music royalties spent $200 million for their new home, a record-breaking purchase in California ever.

The couple’s new Malibu oasis is designed by the same architect who helped Kanye West with his oceanfront home that he acquired after divorcing Kim Kardashian. However, it is not the most expensive sale in the whole country.

The title is held by hedge fund titan Ken Griffin, who splashed about $238 million on a four-level house inside 220 Central Park South in NYC in 2019.

Beyonce (2) — The house is the most expensive in California. source: Page Six

TMZ reported that the Crazy in Love hitmakers acquired the 40,000 sq. foot Malibu mansion which is set on 8 acres from William Bell Jr. Bell is one of the largest and most famous art collectors in the world.

The house took nearly 15 years to build all concrete structures with nearly $100 million in loans. Mr. Bell is walking away with a profit.

The construction company states that the mansion also features some of Bell’s exclusive private art collections.

If fans are wondering what it’s really like inside, design features include a water feature and a pool that perfectly utilizes the 7,645 yards of concrete.

One of the most stunning features of the house is that it also overlooks the Pacific Ocean in the exclusive Paradise Cove enclave. It was designed by Japanese architect Tadao Ando, one of the world’s most respected ones who is also a Pritzker-winner.

The home stands atop the Malibu cliffs which gives the best view.

Also, Read Beyonce Hinted at a New Haircare Line in Honor of Her Mom, Tina Knowles!

Fans criticize Beyonce and Jay Z’s lavish spending habits

This is not the first unbelievable real estate the Carters have purchased in the state.

In 2017, the Grammy winners bought a Bel-Air mansion for a whopping $88 million. They further invested more into the betterment of their home which makes it worth more than $100 million today.

Fans on social media had mixed reviews of the couple spending so much on a mansion. Some even blamed Bey, 41, and Z, 53, as capitalists.

One internet user tweeted,

“No person in a normal society should have so much wealth,”

Another fan wrote,

Beyonce (3) — The duo married in 2008. source: Page Six

“Who tf buys a house that costs this much bro that’s so useless you could buy SO much land to save the earth but you rather spend it on a f–king house… ,”

Some defended the couple’s decision. One wrote,

“some of y’all are mad that they’re spending THEIR money the way that THEY want to??? stop worrying ab celebs money and go get a job of ur own. it’s clear y’all are insanely jobless,”

Another added,

“Beyoncé now literally owns a house in the shape of her favorite number & the most expensive house ever sold. ICONIC”

The duo whose combined net worth is more than $1.3 billion tied the knot in 2008. They share three children.

Also, Read Beyonce paid a sweet tribute to mom Tina Knowles-Lawson on the occasion of Mother’s Day

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