Beyoncé and Jay-Z Drop $200 Million on Most Expensive Home in California History (2024)

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Beyoncé and Jay-Z Drop $200 Million on Most Expensive Home in California History? ›

Beyoncé and Jay-Z just bought this 40,000-square-foot mansion overlooking the ocean in the affluent enclave of Paradise Cove. Jay-Z and Beyoncé just shattered California's price record, paying $200 million for a striking concrete compound overlooking the ocean in Malibu, according to TMZ.

Beyoncé and Jay-Z purchased a $190 million mansion in California.

How much was Beyoncé and Jay-Z's record-breaking Malibu mansion? They paid a whopping $190 million — in cash. It was a historic sale for the state, as well, because it is the most expensive single-family home ever sold in California. And it beat the previous record holder by $13 million.

The buyers are Bill and Maria Bell, art collectors who recently sold a Malibu mansion to Beyoncé and Jay-Z for about $200 million, Maria Bell confirmed.

The exterior of the home. Beyoncé Knowles and Jay-Z are known for breaking records, and now, they've broken the record for purchasing the most expensive home in California's history. Knowles and Jay-Z, who's real name is Shawn Carter, purchased a sprawling $200 million Malibu, California estate.

Fashion Nova founder and CEO Richard Saghian bought The One Bel Air, a 105,000-square-foot megamansion in Los Angeles, in 2022 for $126 million. With fees and commission, his total price came out to about $141 million. The property hit a few snags on the road to its big-ticket sale.

The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.

Billionaire Marc Andreessen Pays Record $177 Million for 13-Structure Malibu Compound. The nearly 7-acre property, bought from Serge and Florence Azria, is the priciest residential sale ever in California, surpassing Jeff Bezos' 2020 Beverly Hills purchase.

Billionaire financier Gary Winnick and his artist, author wife, Karen Winnick are the current owners of the 40,000 square foot, 1930s-built Casa Encantada. The estate has 60 rooms with a dining room, card room, bars and its own professional screening room.

The buyers are Bill and Maria Bell, art collectors who recently sold a Malibu mansion to Beyoncé and Jay-Z for about $200 million, Maria Bell confirmed.

Who owns a 70 million dollar home? ›

Looks like Kim Kardashian is expanding her real estate portfolio outside of Hidden Hills. Dirt reports that the reality star and burgeoning lawyer scooped up an “oceanfront estate” on Malibu's Encinal Bluffs. The price tag? $70.4 million in an off-market deal.

After seven years in the making, Bill Gates' mega-mansion 'Xanadu 2.0', takes the top spot at a whopping $125 million!

Beyoncé and Jay-Z have reportedly dropped a cool $200 million on a 30,000-square-foot home in Malibu, California, setting a record for the priciest home ever purchased in California. TMZ reported that the couple paid all cash for the home on an exclusive stretch of Pacific Coast Highway.

After nearly half a century in Beverly Hills, Priscilla Presley is moving on. The actress and former wife of rock legend Elvis Presley has sold her Spanish-style compound for $13 million, The Times has confirmed.

Record-setting Malibu megamansion

In 2023, Beyoncé and Jay-Z paid $200 million for a stunning Malibu home, setting a real estate record for the most expensive property in all of California's history.

According to Architectural Digest, the billionaire couple just purchased a 30,000 square feet compound along the Pacific Ocean in Malibu, which cost the couple $200 million, which makes their new sweet digs the expensive purchase for a private residence in California, expanding their luxurious real estate portfolio.

Richard Saghian, owner of fast-fashion juggernaut Fashion Nova, was the winning bidder who spent $141 million to buy “The One” mega-mansion, he confirmed to The Times.

Beyoncé and Jay-Z have reportedly dropped a cool $200 million on a 30,000-square-foot home in Malibu, California, setting a record for the priciest home ever purchased in California.