Why Does Jay-Z and Beyonce’s California Home Cost the Couple $200 Million?
According to rumors, Beyoncé and Jay-Z paid a whopping $200 million for a home in California. The Carters have now ousted billionaire Marc Andreessen as the owners of the most expensive house in California, thanks to the sky-high price, which makes their new residence the most expensive home to be sold in California ever.
The Malibu property was designed by Japanese master architect Tadao Ando, who was also responsible for Kanye West’s $57.3 million mansion, which he acquired following his divorce from Kim Kardashian. The house was originally listed for $295 million, but after Beyoncé and Jay-Z bought it, they reduced the price by $95 million, making it the second most expensive house in the entire country.
An art collector previously owned Beyoncé and Jay-Z’s new abode
Beyoncé and Jay-Z , according to TMZ, apparently purchased the 30,000-square-foot, 8-acre Malibu home, and took 15 years to build, brought the property from art collector William Bell Jr. The property, located in the upscale Paradise Cove neighborhood, nearly cost William Bell Jr. over $100 million to build.
A water feature and a pool made of 7,745 cubic yards of concrete are included in the design. According to the Los Angeles Times, the L-shaped mansion has floor-to-ceiling glass walls, concrete hallways, and open areas and lawns with views of the picturesque beach.
The recently purchased Malibu home is Beyoncé and Jay-Z’s second noteworthy real estate acquisition after their $88 million purchase of a Bel-Air mansion in 2017. The Bel-Air home is now valued at $100 million thanks to the couple’s additional millions of dollars worth of investments.
Fans’ react to Beyoncé and Jay-Z’s expensive purchase
Fans took to social media to share their thoughts after TMZ reported that Beyoncé and Jay-Z had purchased the second-most expensive home in the state. One of them mentioned that people are just irate that they are spending their money however they please, whereas one said that no person in a normal society should have so much wealth.
some of y’all are mad that they’re spending THEIR money the way that THEY want to??? stop worrying ab celebs money and go get a job of ur own. it’s clear y’all are insanely jobless. https://t.co/HsfyI56Kxj
— mateo knowles | ☽𖤐☾ (@dojas_dild0) May 19, 2023
Read this: Jay Z Net Worth – Is the American Rapper Richer Than Wife Beyonce?
A supporter advised people to find employment instead of worrying about celebrities’ wealth. Another one, however, commented, “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…”.
Beyoncé and Jay Z recently purchased the most expensive home ever in the state of California for $200M.
According to tmz the home is designed by Tadao Ando located in the prime area of Malibu.💰 pic.twitter.com/h1rFlQLFCf
— WhatsOnRap (@whatsonrap) May 19, 2023
Beyoncé releases remix of America Has A Problem
Everyone was taken off guard when Beyoncé released a remix of her Renaissance song, America Has A Problem, featuring Kendrick Lamar. Lamar’s tight verse, where he raps about everything from AI to the Beyhive, opens the freshly released version of the song. After that, Beyoncé picks up for the remaining four minutes and 20 seconds of the song. An American flag made of what appears to be red, white, and blue bullets is depicted on the remix’s cover art.
The 32-time Grammy winner is scheduled to perform in Edinburgh, Scotland, next, while on the European leg of her eagerly anticipated Renaissance tour. She has so far played hits like Formation, Run the World, and others during her set, along with Love on Top, Crazy in Love, Naughty Girl, Drunk in Love and plenty of songs from Renaissance.
Source: Marca
