Beyoncé, Jay-Z Make Historical past With Buy Of $200 Million Residence

The music trade’s energy couple, Jay-Z and Beyoncé, made historical past with the acquisition of their $200 million mega-mansion in Malibu, making this the most costly house to ever promote in California.

The couple splashed out on the 40,000-square-foot mansion which sits on eight acres, bought from William Bell Jr., one of many largest artwork collectors on the earth, in keeping with TMZ. Their house was designed by the identical man who was liable for Kanye West’s oceanfront house, the extremely esteemed Japanese architect, Tadao Ando. Despite the jaw-dropping price ticket, Beyoncé and Jay-Z snagged a great deal on the house, which was initially listed for $295 million.

It took almost 15 years to assemble the all-concrete construction which is perched atop the Malibu cliffs, in keeping with TMZ. The house boasts a water function, a pool, and overlooks the Pacific Ocean within the unique Paradise Cove enclave.

The L-shaped compound options huge concrete hallways, floor-to-ceiling glass panels with spectacular views and is fully-loaded with all of the facilities one would think about for a house of this caliber.(RELATED: REPORT: Man Alleging To Be Jay Z’s Son Recordsdata Courtroom Order For Unsealed Data, DNA Check)

This residential buy by the music heavyweights is the second-priciest house to promote within the nation. Hedge fund titan Ken Griffin takes the highest spot for buying his huge mansion for $238 million in 2019. His not-so-humble abode is a four-level property inside 220 Central Park South in New York Metropolis, in keeping with Day by day Mail.