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

Table Of Content

• The power of Beyoncé’s ‘Cowboy Carter’ isn’t its country twang. It’s her imagination, unlocked
• The ‘Wave House,’ Harry Gesner’s Malibu masterpiece, lists for $49.5 million
• Real Estate Fantasies
• Feeding time! Here are the best vet-recommend dog food brands in 2024
• Elon Musk publicly dumped California for Texas—now Golden State customers are getting revenge, dumping Tesla in droves
• Blue Ivy Carter wins first Grammy Award, for Beyoncé’s ‘Brown Skin Girl’ video

McClean’s homes come with fantastic views, and, like the classic midcentury L.A. The owners of these homes can certainly see you, though you can’t see them. A McClean could easily appear in leveled celebrity enclaves like barren Calabasas or the flats of Beverly Hills, but that’s not where you will find them. They are nestled in the mountains of the Hollywood Hills and Bel Air, where large-scale construction is notoriously difficult for about a hundred reasons. McClean designs for people who want both understatement and ostentatiousness—taste and tastelessness in the same package. His clients want the clean lines of Richard Neutra, but with a hair salon on site, please.

The power of Beyoncé’s ‘Cowboy Carter’ isn’t its country twang. It’s her imagination, unlocked

This is Jay-Z and Beyoncé’s second massive real estate purchase in the state. According to the construction company, the home features Bell’s private art collection. Originally listed for $100 million, “Opus,” a Trousdale mansion developed by Niami and designed by McClean, is now $85 million. Jay-Z and Beyoncé’s 30,000-square-foot compound also features a minimal design and multiple pools.

The ‘Wave House,’ Harry Gesner’s Malibu masterpiece, lists for $49.5 million

Still, however, the most expensive sale in the nation still belongs to billionaire hedge-fund manager Ken Griffin, who purchased a New York City penthouse for $238 million. The new Knowles-Carter estate in Malibu was designed by the self-taught Pritzker Prize-winning Japanese architect Tadao Ando, best known in the U.S. for building the Modern Art Museum of Fort Worth. The home was created for Bill Bell Jr., an heir to a soap opera fortune.

Real Estate Fantasies

The power couple next paid a casual $400,000 a month to rent a 31,000-square-foot New England–style mansion in Bridgehampton, New York, in 2012. The vacation home was outfitted with all the necessities of a perfect summer getaway. In addition to a two-lane bowling alley, the home also offered a rock climbing wall, a skateboard half-pipe, a full bar, a pool, a tennis court, and an outdoor kitchen. Beyoncé's Renaissance tour could bring in as much as $2 billion, and Jay-Z’s net worth is $2.5 billion—more than enough to cancel out the record-breaking purchase. If you can believe it, Jay-Z and Beyoncé got somewhat of a deal on the estate as the property was quietly listed for $295 million, per TMZ.

Feeding time! Here are the best vet-recommend dog food brands in 2024

An Elusive $200 Million Sale Reportedly Materializes in California With Beyonce and Jay-Z’s Malibu Purchase - Mansion Global

An Elusive $200 Million Sale Reportedly Materializes in California With Beyonce and Jay-Z’s Malibu Purchase.

Posted: Mon, 22 May 2023 07:00:00 GMT [source]

McClean points out a white cluster in the mountains just east of the Getty Museum. “You probably can see it from space,” McClean says of the spec home he installed there. This particular one is asking an astonishing $500 million, making it the most expensive mansion in America (a title currently held by another Bel Air property not of his design, listed at a mere $350 million).

Beyoncé and Jay-Z, no strangers to flashy real estate deals, reportedly upgraded from their $88 million mansion in Bel Air, Calif., to a $200 million Malibu property last month, officially erasing the line between going big and going home. Just this year, the songstress, who is currently traveling across Europe on her Renaissance World Tour, claimed the title for most Grammy wins of all time. Now, the power couple can count a groundbreaking real estate record as one of their own, after the purchase of a $200 million Malibu home—the priciest in the history of The Golden State, TMZ reports. The nine-figure transaction shatters Marc Andreessen’s former record in California, set with his $177 million purchase in 2021, also in Malibu. “[It] came on the market right around the same time that Lehmann Brothers crashed, and it sold for a lot of money,” McClean says.

Blue Ivy Carter wins first Grammy Award, for Beyoncé’s ‘Brown Skin Girl’ video

The Malibu mansion was also where Beyoncé famously shared a first photo of the twins the day they turned one month old. The pair began building their joint real estate empire in 2008, when they were married. In the years since, they have owned and sold homes in New York City, Miami Beach, New Orleans, the Hamptons, and Los Angeles. A representative for Beyoncé did not immediately comment on the reports about the mansion purchase. Kurt Rappaport, the Malibu “alpha agent” who reportedly arranged the record-breaking $200m sale, has previously worked with Tom Cruise, Brad Pitt and Ellen DeGeneres. With its steep green cliffs overlooking the Pacific Ocean, Malibu is a top contender in America’s ultra-luxury real estate market.

The “Crazy In Love” collaborators reportedly got a great deal on the structure, as it was actually listed for $295 million. While the film marks Carter’s first acting gig in a movie, the 12-year-old already has an impressive résumé. In addition to dancing backup on her mother‘s record-smashing Renaissance world tour, she is a Grammy winner thanks to her feature in Beyoncé’s “Brown Skin Girl” music video, which took home the music video trophy at the 2021 Grammys. Although she won that award at age 9, Carter has been setting records and making headlines since birth.

Drake wants $88 million for Beverly Crest mega-mansion he bought last year for $75 million

Reps for the singers did not immediately return our request for comment. In 2017, the couple — who tied the knot in 2008 and share three children — bought a home in Bel-Air for $88 million, according to TMZ. “Beyoncé now literally owns a house in the shape of her favorite number & the most expensive house ever sold. “some of y’all are mad that they’re spending THEIR money the way that THEY want to??? It’s clear y’all are insanely jobless,” wrote a supporter of the couple. “Who tf buys a house that costs this much bro that’s so useless you could buy SO much land to save the earth but you rather spend it on a f–king house…💀,” wrote another.

With a sale tag of $200m, the acquisition appears to break the record for the most expensive home in California. In addition to their new mansion, the couple also owns homes in Lower Manhattan, the TriBeCa loft, where they shared their nuptials and an $88 million mansion in the Bel Air section of Los Angeles. There are also rumors that the Carters own a mansion in New Orleans, as they listed it for sale and took it off the market in 2021.

The home was owned and built by soap opera super producer William Bell, known as one of the world's most prolific art collectors. Hedge fund founder Ken Griffin still holds the title for the biggest real estate purchase in the nation, putting down a whopping $238 million for his Central Park South high-rise in 2019. On Reddit, a thread about the mysterious property concluded that “every Malibu mansion looks like a supervillain lair”. The mansion been described as “massive”, “minimalist” and “echoey”, and reportedly includes both a pool and a “water feature”, as well as an award-winning concrete driveway.

New York City still holds the record for the most expensive home in the United States, a $238m penthouse apartment overlooking Central Park. But California has been repeatedly breaking its own records in recent years. Overlooking the Pacific Ocean in the exclusive Paradise Cove enclave, the home was designed by the Pritzker-winning Tadao Ando, one of the world’s most respected architects.

For the home, it’s estimated that more than 7,645 cubic yards of concrete was used. Elsewhere in America, rumors buzzed that Jay-Z and Beyoncé were the new owners of a historic home in New Orleans’ Garden District in 2015. It was later revealed that the pair had indeed picked up a former church turned ballet school turned residence through an LLC linked to the Renaissance singer. Though it’s unknown how much the couple paid for the unique 13,300-square-foot mansion, it was listed for $2.6 million at the time of their purchase. Built in the 1920s in the Spanish Baroque style, the towering three-story building, known as La Casa de Castille, was divided up into a main residence and three separate apartments, with seven bedrooms and eight bathrooms between the spaces.

Two days after she was born in 2012, her father, Jay-Z, released the song “Glory,” which featured her cries and coos. Since she was individually credited on the track, she became (and remains) the youngest person to appear on a Billboard chart. The mastermind behind the “Star Wars” and “Indiana Jones” franchises has reportedly spent more than $100 million to develop a 4,700-acre property in secluded Nicasio, Calif., a rural patch north of San Francisco. Aptly called Skywalker Ranch, the property includes a man-made lake, a restaurant and a fire station, as well as sound-mixing and recording facilities. Last summer, the Snap co-founder and chief executive Evan Spiegel, who became a billionaire at 25, and his supermodel wife, Miranda Kerr, closed on a $120 million estate in the Holmby Hills neighborhood of Los Angeles.

Design features also include a water feature and a pool — all while utilizing 7,645 cubic yards of concrete. Bell took almost 15 years to build the all-concrete structure — concrete being a staple material of the architect behind the design — with nearly $100 million in loans. Jay-Z and Beyoncé have just snagged one of the greatest architectural masterpieces in the country ...