Inside Beyoncé and Jay-Z’s new record-breaking mansion: the couple splashed US$200 million on a Malibu home on Billionaires’ Row – the most expensive home in Californian real estate history
The Carters are making Paradise Cove in California’s famed Billionaires’ Row their home. Well, one of them.
After making music history, Beyoncé and Jay-Z made a real estate record. The not-so-humble-abode that Queen Bey and the hip-hop mogul will share costs a cool US$200 million, making it the most expensive home ever sold in California, as per TMZ.
It sounds like an insane amount of money even after scoring a whopping US$100 million off – the house had been privately listed at US$295 million. Their next-door neighbour, venture capitalist Marc Andreessen, holds the record for the second most expensive home bought for a staggering US$177 million in 2021.
Let’s take a closer look at the ultimate power couple’s palatial residence:
Who is the richest Richie family member? Net worths, ranked
A home fit for music royalty
The US$200 million brutalist-style estate is set high above Paradise Cove beach. The massive 3.2-hectare space is encompassed by ocean and coastline views, along with being directly connected to Malibu’s most breathtaking beach. At the centre of the property stands an imposing 40,000 sq ft mansion.
It is the work of renowned Japanese architect Tadao Ando, who collaborated with LA-based Why Architects to deliver the billionaire family a dream home. Commissioned in the late 1990s, this contemporary design took nearly 15 years to plan and build.
The previous owners
While there are very few images of the estate available, it is known that the former owners, Bill and Maria Bell – creators of The Bold and the Beautiful – owned an impressive art collection, including notable works by Jeff Koons, Andy Warhol, Damien Hirst and Marcel Duchamp.
Power to pity dressing? Inside Elizabeth Holmes’ pre-prison transformation
The all-white fortress features an L-shaped compound with robust concrete hallways. Pacific Pervious Concrete, a contractor, contributed an impressive 22,500 sq ft stretch of polished pervious concrete solely for the estate’s driveway.
This monolith gets its dose of openness with floor-to-ceiling glass panels. There will be plenty of space for Beyoncé’s three children to play in the expansive backyard boasting one swimming pool, one reflecting pool typical of Ando’s style, and direct beach access.
Aerial images reveal ample parking space outdoors in addition to a garage, which means the celebrity couple’s alleged US$29 million convertible Rolls-Royce will have a commodious parking to itself.
Beyoncé will presumably return to this minimalist yet luxurious home after completing her 57-concert Renaissance World Tour, from which she will reportedly make US$2 billion.
Earlier, the “Single Ladies” singer pocketed US$24 million to perform at the opening of Dubai’s Atlantis The Royal luxury hotel.
Is Dubai’s Atlantis The Royal really the world’s ‘most ultra-luxury’ hotel? We checked in to find out
The couple also call a US$88 million Bel-Air mansion their home
After three years of looking, the bigwigs had finally zeroed in on the US$88 million Bel Air estate last year. Up until then, the couple lived in a string of ultra-expensive rentals, such a like a 13,000 sq ft home that was once a Presbyterian church, a US$400,000-a-month coastal villa on the Pacific Coast Highway in Malibu, and a posh Holmby Hills estate. The mansion spread across 30,000 sq ft, almost similar to the new US$200 million home.
How Marvel star Chris Pratt makes and spends his US$80 million fortune
So, now the Carters own a house nestled in the Bel Air neighbourhood on the hills as well as a sprawling seaside estate in Malibu. Life is pretty good for the most powerful couple in the music industry.
This article originally appeared on Luxurylaunches.
