The freshly acquired $200 million estate in Malibu, California, is owned by Jay-Z and Beyoncé. The 30,000-square-foot compound is situated in what is referred to be “billionaire’s row”. $177 million was the previous high-end home sale record in California.
Beyoncé and JAY-Z just took possession of a 30,000-square-foot estate in the posh neighborhood of Malibu, California. The power couple broke the record for the most expensive home ever bought in the state when they paid USD 200 million for the mansion in Malibu. The Knowles-Carters appear to have gotten a terrific deal on the home. As it was once advertised for USD 295 million, according to TMZ.
The building is a minimalist masterpiece and architectural marvel that Tadao Ando created
The mansion, which was once owned and constructed by well-known art collector William Bell, is one of the few American residences designed by the Japanese master architect. Who is presently working on Kanye West’s home in Malibu.
- Advertisement -
The new Malibu residence of JAY-Z and Beyoncé is a record-breaker, but it isn’t the priciest residential real estate transaction in the nation. The four-story penthouse in NYC that Ken Griffin paid USD 238 million for back in 2019 still holds the record.
Bill and Maria Bell, great collectors of modern art were the ones who initially ordered Beyoncé’s new home. Its construction took 15 years, and 7,645 cubic yards of concrete were needed for the home alone. Additionally, the pair once let artist Alex Israel use their house for a post-apocalyptic photo shoot. Featuring a chimpanzee named Eli.
Although it is the largest detached home real estate transaction in the nation. This wasn’t the most costly house ever sold. The condo in New York City that set this record was purchased for $238 million in 2019 by hedge fund billionaire Ken Griffin. However, it’s possible that “apartment” undersells the property a little. The penthouse apartment at the top of the 220 Central Park building has four complete levels.
