Billionaire power couple Beyoncé Knowles-Carter and Jay-Z (born Shawn Carter) have reportedly decided to keep the $88 million two-acre Bel-Air estate in Bel-Air they bought in 2017, despite it just spent $200 million on California’s most expensive home in Malibu.
The Houston-born 41-year-old and Brooklyn-born 53-year-old still consider their Bel-Air residence “home” as it’s closer to friends and their three children’s schools, and Malibu is their “weekend home.” serve. until they work full-time — according to TMZ.
On June 13, Bey and Jay — who also own a $26 million seven-bedroom mansion in East Hampton — will celebrate the sixth birthday of their fraternal twins, son Sir Carter and daughter Rumi Carter.
The couple, who have been married for 15 years, are also parents to 11-year-old daughter Blue Ivy Carter, who won a Grammy Award in 2021 for co-producing Knowles’ music video Brown Skin Girl.
Designed by Dean McKillen, Beyoncé and Jay-Z, the luxurious modern Bel-Air mansion consists of six distinct buildings.
Billionaires: Beyoncé Knowles-Carter and Jay-Z (born Shawn Carter) have reportedly decided to keep the $88 million two-acre Bel-Air estate in Bel-Air they bought in 2017, even though they just Spent $200 million on California’s most expensive home in Malibu (pictured February 5)
Now worth $100 million! The Houston-born 41-year-old and Brooklyn-born 53-year-old still consider their Bel-Air residence “home” as it’s closer to friends and their three children’s schools, and Malibu is their “weekend home.” serve. until they switch to full-time
The gated property features four outdoor pools, spa, wellness center, media room, multiple outdoor entertainment areas, 15-car garage, large basketball court and staff quarters.
Meanwhile, Knowles and Carter’s purchase of the 30,000-square-foot concrete complex in Malibu was the second-highest-priced real estate deal in the country — behind a $238 million Central Park South condo in midtown Manhattan bought by hedge fund giant Ken Griffin in 2019.
The waterfront estate of Break My Soul hitmaker and rap mogul Roc Nation sits on an eight-acre bluff overlooking the Pacific Ocean in the Paradise Cove area nicknamed “Billionaires’ Row.”
Despite paying the inflated price, the talented pair actually landed a deal for the home, which was initially listed for a whopping $295 million.
Beyoncé and Jay-Z’s L-shaped site features large concrete hallways and floor-to-ceiling glass panels, as seen in the photo by Morley Construction.
The expansive backyard features a pool and ends with a bluff overlooking the beach.
Built with tall concrete walls and offering plenty of space, the home was designed by Japanese master architect Tadao Ando, who also worked on disgraced rapper Kanye West’s Malibu home.
Ando is a Pritzker Prize winner known for his unique concrete structures in Asia, Europe and North America.
Halloween family portrait: Bey and Jay – who also own a $26 million seven-bedroom mansion in East Hampton – are parents to fraternal twins Sir and Rumi, who will turn six next month; and daughter Blue Ivy, 11
$200 million weekend home: Meanwhile, the couple’s purchase of the 30,000-square-foot concrete complex in Malibu marked the second-highest-priced real estate deal in the country after 15 years
First listed for $295 million! Beyoncé and Jay-Z’s waterfront estate is perched on an eight-acre bluff overlooking the Pacific Ocean in the Paradise Cove area nicknamed “Billionaires’ Row.”
The L-shaped complex of Break My Soul hitmaker and rap mogul Roc Nation — designed by Japanese master architect Tadao Ando — features grand concrete hallways and floor-to-ceiling glass panels
Across the pond! Beyoncé is next to take her sold-out, 57-date Renaissance world tour in support of her seventh studio album to England’s Stadium of Light in Sunderland this Tuesday (pictured last Wednesday).
The minimalist, modern home was originally built and owned by William Bell, a famous art collector who bought the property in 2003 for $14.5 million, according to the Los Angeles Times.
Bell spent almost 15 years building the concrete structure of the house.
The oceanfront home was never put on the market and, according to the publication, was only shown to a select group of buyers.
Westside Estate Agency’s Kurt Rappaport reportedly handled the record-breaking deal.
Beyoncé and Jay-Z first met in 1998 and together have 56 Grammy Awards and a net worth of $3 billion.
Next, Knowles is scheduled to bring her sold-out 57-date Renaissance world tour to England’s Stadium of Light in Sunderland this Tuesday in support of her seventh studio album.
The Emmy-winning producer is keen to get a New York gaming license to open a casino in Times Square, and even filed a public appeal for it on May 11.
Rymir Satterthwaite, a 30-year-old man who claims to be Jay-Z’s illegitimate son, told that he will be taking his paternity case to the Appellate Division of the New Jersey Supreme Court to have the star get a DNA test to force.