Beyoncé and Jay-Z shatter California real estate records with $200M Malibu mansion purchase.
TL;DR Summary
Beyoncé and Jay-Z have purchased a $200 million mansion in Malibu, California, designed by architect Tadao Ando. The 40,000 square foot residence sits on 8 acres of land and features a private beach, swimming pool, and water feature. The purchase makes the Carter family the owners of the most expensive home ever sold in California and the second-most expensive real estate deal in the country.
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