Malibu just acquired some new neighbors — Beyoncé and Jay-Z are shifting in.
The star-studded few identified for making headlines and wowing crowds has done it yet again. It appears they have obtained a new household in Malibu with a hefty price tag of $200 million, according to Architectural Digest and TMZ.
This massive purchase has come to be California’s most expensive non-public home at any time acquired and the second most costly in the country guiding the Central Park penthouse acquired by Kenneth Griffin, founder and CEO of Citadel for $238 million in 2019, in accordance to the LA Times.
The household was developed by Japanese architect Tadao Ando who has intended other homes for celebs like Kanye West. Kurt Rappaport from Westside Estate Agency was the broker who aided seal the offer.
Rappaport also has labored with other celebrity shoppers, together with Dr. Dre, Bono, Madonna, Ellen DeGeneres, Ryan Seacrest, Brad Pitt, Tom Brady and Gisele Bundchen, and Tom Cruise in accordance to his bio.
The residence was originally commissioned by cleaning soap opera legends William and Maria Bell in 1999. It took about 15 many years to finish the concrete mansion that sits right on the Southern California coastline. The residence was marketed by 1 of the Bell’s sons, Monthly bill Bell Jr.
The sprawling home spans over 40,000 square feet and even has its possess non-public seaside.
This new offer crushed the record held by the $177 million home purchased by Netscape co-founder Marc Andreessen in 2021, also in Malibu, according to Architectural Digest. Andreeseen’s purchase beat Jeff Bezo’s file for his $160 million residence in Beverly Hills that he ordered in 2020, according to the Instances.