Beyoncé and Jay-Z have established the record for the most expensive property purchаse in the state of California by purchasing a luxury mansion that costs a staggering $200,000,000.
Beyoncé and Jay-Z have smashed a record that had previously been unattainable. A brand-new luxurious home in Malibu was recently acquired by the well-known couple through their recent acquisition. At the moment, the most expensive property in the state of California is the $200 million acquisition that was designed by Tadao Ando, a Japanese architect who is currently working on the construction of Kanye West’s future residence.
One of the most expensive homes in the country is a flat in New York City that costs $238 million, while the mansion is the second most expensive home in the country. The mansion that the couple currently owns, which is completely made of concrete and is 30,000 square feet, was originally listed for sale at $295 million, so they got a really excellent deal.
The previous owner was William Bell, who is widely recognized as one of the most significant art collectors in the world. Bell spent fifteen years constructing the mansion. A loan in the amount of one hundred million dollars was reportedly obtained by Bell in order to finance the construction of an eight-acre house in the Paradise Cove area that included a concrete pool with a view of the Pacific Ocean.
This is the power couple’s second Malibu investment, since they previously purchased a property in Bel-Air for $88 million in 2017. Beyoncé is in the process of establishing a new hair care line and a new business as she is on her successful round of globe tour dates.
A recent sighting of Jay-Z and his daughter Blue Ivy during one of the performances was reported. During the show, the pair had a great time cheering for the well-known singer and enjoying her fantastic performance.