Beyoncé and Jay-Z buy new $200 million Malibu mansion

Table Of Content

• Feds say he masterminded an epic California water heist. Some farmers say he’s their Robin Hood
• Beyoncé And Jay-Z Buy Malibu Estate For $200 Million—The Most Expensive Home In California
• Jay-Z’s Time Warner Center rental
• Jay-Z and Beyoncé Purchase Most Expensive Home Ever in California
• Black country singer RVSHVD releases 2 Christmas tracks
• Vince McMahon Lists Final TKO Shares for Sale

Now, the power couple can count a groundbreaking real estate record as one of their own, after the purchase of a $200 million Malibu home—the priciest in the history of The Golden State, TMZ reports. The nine-figure transaction shatters Marc Andreessen’s former record in California, set with his $177 million purchase in 2021, also in Malibu. Though he works on a grand scale, McClean isn’t interested in hotels or commercial projects. He grew up outside Dublin to working-class parents, in a row house around 600 square feet—about the size of many of the his-and-hers bathrooms he designs today. Around age four, he became fascinated with houses; at his local and school library he discovered Frank Lloyd Wright, Rudolph Schindler, and Richard Neutra as well as Frank Israel. Entertainment news outlet TMZ reported on Friday that the music icons had paid $200 million for a 40,000-square-foot property in the Paradise Cove area, citing sources in the real estate industry.

Feds say he masterminded an epic California water heist. Some farmers say he’s their Robin Hood

Beyonce also has her very own dressing room which she has previously unveiled in various photos. It's decorated with wooden floors and a large cream rug, and features tall cream wardrobes. There is also a mirror taking up an entire wall, framed with large spotlights. Much like their living room, it has floor-to-ceiling windows, which open out onto a large terrace with grey tiles and glass railings offering an incredible view over the neighbourhood. It features brushed grey carpets, walls with silver glass panels and frames, and what seems to be a wooden panel at one side.

Beyoncé And Jay-Z Buy Malibu Estate For $200 Million—The Most Expensive Home In California

Every performer listed on the Stagecoach website received a feature that links all of their social media accounts. On that Instagram account (@djbackwoodsbarbie) currently lies 15 pictures — plenty of which directly reference Beyoncé and Cowboy Carter. The mastermind behind the “Star Wars” and “Indiana Jones” franchises has reportedly spent more than $100 million to develop a 4,700-acre property in secluded Nicasio, Calif., a rural patch north of San Francisco. Aptly called Skywalker Ranch, the property includes a man-made lake, a restaurant and a fire station, as well as sound-mixing and recording facilities. Last summer, the Snap co-founder and chief executive Evan Spiegel, who became a billionaire at 25, and his supermodel wife, Miranda Kerr, closed on a $120 million estate in the Holmby Hills neighborhood of Los Angeles.

Jay-Z’s Time Warner Center rental

One does not envision, say, an austere Frank Lloyd Wright house at one with the nature around it. Celebrity real estate agent Kurt Rappaport, who reportedly brokered the deal, did not immediately respond to Fortune’s request for comment. The couple reportedly paid cash for the 40,000-square-foot concrete mansion by the Japanese architect. His style is on full display here, as the L-shaped mansion opens to vast, open spaces marked by concrete hallways and floor-to-ceiling walls of glass.

Though it’s unknown how much the couple paid for the unique 13,300-square-foot mansion, it was listed for $2.6 million at the time of their purchase. Built in the 1920s in the Spanish Baroque style, the towering three-story building, known as La Casa de Castille, was divided up into a main residence and three separate apartments, with seven bedrooms and eight bathrooms between the spaces. The place made headlines again in 2021 when a fire broke out at the property; several months later, TMZ reported that the couple was listing it for $3.5 million and then a more ambitious $4.45 million. In 2017, they shelled out $88 million for an impressive Bel-Air pad, and they also own homes in New York City and the Hamptons. The Carters’ recent purchase surpassed the former record of a $177 million Malibu compound purchased by billionaire Marc Andreessen in 2021, TMZ reported.

Beyoncé and Jay-Z's houses: Mansions in California, the Hamptons, more - Business Insider

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Black country singer RVSHVD releases 2 Christmas tracks

One week after welcoming twins Rumi and Sir in June 2017, the elated parents (they also share 12-year-old daughter Blue) opted to temporarily move into an estate in Malibu to recoup and get to know the latest additions to their family. The pair rented the 6.3-acre compound known as La Villa Contenta for $400,000 a month. The extremely private, 12,000-square-foot Mediterranean-style residence had amenities like a movie theater, a gym, and a wine cellar, as well as numerous terraces overlooking the Pacific Ocean (though no direct beach access).

Beyoncé, Jay-Z purchase of Malibu beach mansion most expensive real estate sale of 2023 - Fox Business

Beyoncé, Jay-Z purchase of Malibu beach mansion most expensive real estate sale of 2023.

Posted: Sat, 06 Jan 2024 08:00:00 GMT [source]

Superstar couple Beyoncé and Jay-Z smashed a real estate record with the purchase of their new Malibu home. Beyoncé and Jay-Z also own an $88 million Bel Air estate, though it’s unclear if they intend to hold onto the similarly contemporary pad. Beyoncé and Jay-Z’s purchase of the monumental home marks the most expensive residential real-estate deal in California history. It is also the second-most expensive home price in U.S. history; Citadel founder Kenneth Griffin’s penthouse on New York’s Billionaires’ Row went for $238 million in 2019—although, to split hairs, that is an apartment, not a house. Beyoncé and Jay-Z even got a deal on their new digs overlooking the Pacific Ocean, paying $95 million under the original ask.

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The Malibu mansion was also where Beyoncé famously shared a first photo of the twins the day they turned one month old. Their Mediterranean-style villa (one of only 35 homes on the island) was built in 1991 and boasted seven bedrooms and eight bathrooms, plus its own private boat dock. The couple was believed to have paid a little over $9 million for the compound, but they didn’t hold onto it long, selling it for $9.3 million in 2010.

Vince McMahon Lists Final TKO Shares for Sale

Two days after she was born in 2012, her father, Jay-Z, released the song “Glory,” which featured her cries and coos. Since she was individually credited on the track, she became (and remains) the youngest person to appear on a Billboard chart. “This is the Oscars of real estate,” Alexander Ali, a public relations official, told me that night. He runs a company, the Society Group, devoted solely to promoting celebrity agents and the houses that they list. The good ones package it up, serving it to clients in the form of property tours that show off not only a house, but also the life that a house can offer. And the really good ones are so adept at spinning the fantasy that they’re building careers on television out of it.

The digs, boasting 30,000 square feet along the Pacific Ocean in Malibu, cost the couple $200 million. This makes it the most expensive purchase for a private residence in California. Because the home was listed privately, it’s not known how many bedrooms and bathrooms are inside or the types of amenities—but we can only imagine the home’s features are fit for the couple’s extravagant tastes. The calming retreat is both simple and tranquil—surely a respite from both of the musician’s busy lifestyle. Knowles is currently in Europe on her Renaissance World Tour, which is estimated to rake in nearly $2 billion. Just this year, she claimed the title for the most Grammy wins of all time.

The eye-watering price tag makes the house the most expensive property ever to be sold in the state of California, dethroning a Malibu estate bought by venture capitalist Marc Andreessen for $177 million in 2021. When you hear the sounds of house music, you start to feel a little groovy. Some people say dance music isn’t the same anymore, but this is the type of music that will get you out of your seat, and that’s what people need right now. Just last week, Drake released his seventh studio album titled Honestly, Nevermind.

Kurt Rappaport of the Westside Estate Agency represented both the buyers and seller. Per his bio on the WEA site, he’s got some practice working with big-name buyers; prior clients include Madonna, Brad Pitt, and Tom Cruise. A Bel Air mansion by McClean that sold for just shy of $30 million in 2012. A Beverly Hills home features the terracing and glass walls common to McClean’s projects. His first Bird Streets home, on Blue Jay Way, was purchased by Aviici in 2014.

In May 2023, Beyoncé and husband Jay-Z purchased a $200 million dollar Malibu home overlooking the Pacific Ocean, inking the most expensive real estate deal in California history, according to TMZ. Kurt Rappaport, the celebrity real estate agent who represented the Carters as well as the Bells in the sale, did not immediately respond to Insider's request for comment. The colossal concrete compound sits on 8 acres of pristine land off the Southern California coast and has its own private beach, swimming pool, and a water feature in addition to the 40,000 square foot residence. The house is a minimalist masterpiece, a modern concoction of concrete and glass envisioned by art collector William Bell, who bought the property for $14.5 million in 2003.