Jeff Bezos' Megamansion Construction Stopped Due to $57B Net Worth Drop.

Construction on Jeff Bezos' Beverly Hills megamansion has been halted as his application to expand the property is pending approval. Bezos' initial application was denied on the technical basis of incompletion, and his new request for a "game court fence with lighting" was also denied. The renovations will remain on hold indefinitely until a hearing is set. Bezos' net worth dropped by $57 billion last year due to a 38% drop in Amazon's stock price. He bought the property for $165 million in 2020.