Jay-Z and Beyonce Bought House for $200 Million – See Photos
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The most expensive house ever sold in the state of California was bought by celebrity power couple Jay-Z and Beyonce for $200 million. The 30,000-square-foot Malibu mansion initially went on the market for $295 million.
According to a report, it is the second most expensive house in the United States, and an apartment in New York City is ranked as the top most expensive home, with a price of $238 million. Designed by Japanese master architect Tadao Ando, who is designing Kanye’s home in Malibu, the house is in the Paradise Cove neighbourhood, also called the Billionaires’ Row.
The architectural masterpiece was owned and built by art collector William Bell and took 15 years to complete. The all-concrete design is situated on an 8-acre cliff with a view of the Pacific Ocean.
In 2017, the couple bought an $88 million Bel-Air mansion in Los Angeles, and they poured millions more into refurbishing, which put the house’s finishing cost at over $100 million.
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