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Jay-Z & Beyoncé Pay Cash for $200M Home — the Most Expensive Ever Sold in California
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Husband and wife duo Jay-Z and Beyoncé have found a home as iconic as they are. The pair just dropped a whopping $200 million on the estate of famous art collector William Bell, making it the biggest real estate sale in the history of California. What's even more impressive is how the pair paid for the massive purchase.
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THE MASSIVE HOUSE WAS ORIGINALLY LISTED FOR $295 MILLION.
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Jay-Z and Beyoncé nabbed the Malibu, California compound for nearly $100 million less than the asking price, according to Page Six, making the property an outright steal (okay, for them, maybe, but not for us).
The Carters will call the 40,000-square-foot compound home now that they've closed, which they seem to have done from the comfort of London.
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THEIR NEW HOME IS MADE ENTIRELY OF CONCRETE.
THE ESTATE DOUBLES AS AN ART MUSEUM.
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Given the fact that the previous owner had an eye for art, it's unsurprising that the all-concrete home, designed by Japanese master architect Tadao Ando, serves as the perfect showcase for any number of statement pieces.
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This sale is only slightly less of a big deal than the most expensive property ever sold. That honor belongs to an apartment in New York City that was sold for $238 million.
JAY-Z AND BEYONCÉ'S PURCHASE IS THE SECOND LARGEST IN THE COUNTRY.
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We're sure they're super excited about their new purchase and can't wait to get their kids home and settle in — though it's hard to say exactly when that will be.
CONGRATS TO THE CARTERS.
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