Beyoncé and Jay-Z Break California Real Estate Records with $200 Million Malibu Purchase
TL;DR Summary
Beyonce and Jay-Z have reportedly purchased a 30,000-square-foot Malibu mansion for $200 million in cash, making it the most expensive home in California history. The mansion is located on an 8-acre bluff overlooking the Pacific Ocean in the Paradise Cove area. The couple purchased the home from Bill Bell Jr., heir to a soap opera fortune. The all-concrete mansion took 15 years to build and was designed by architect Tadao Ando.
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