Jay-Z and Beyonce Bought House for $200 Million – See Photos
Friday, May 19, 2023, 4:03 PM GMT-5
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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.
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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.
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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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