Powerful couple Jay Z And Beyonce Recently made headlines for payment $200 million To buy the most expensive home ever sold in California. New reports now say they did so with cash.
The stately estate, which was purchased from art collector William Bell, contains many luxurious features and amenities, including Bell’s private art collection.
Despite their new purchase, the couple will keep the $88 million Bel Air mansion as they consider it “home” and close to friends and loved ones.
Read on for more details.
Jay-Z and Beyoncé paid cash for a new home
In a stunning display of their vast wealth and love of luxury real estate, power couple Jay-Z and Beyoncé made history with their recent acquisition of a stunning Malibu mansion.
according to TMZThe music industry giants reportedly paid $200 million in hard cash for their new coastal retreat, setting a new record for the most expensive residential property purchase ever in California.
Located in California’s exclusive Malibu neighborhood, AKA Billionaires’ Row, the sprawling property spans an impressive 30,000 square feet. It features stunning panoramic views of the Pacific Ocean and the city skyline.
Designed by renowned architect Tadao Ando, the contemporary masterpiece seamlessly blends elegance, comfort, and cutting-edge technology. The mansion offers an array of luxurious amenities, including a private art collection, swimming pool, and water feature.
Despite their private nature, the couple’s love of the drug has been well documented recently. They own an impressive array of lavish homes, including an $88 million Bel Air mansion and a $26 million East Hampton home.
Fans wonder who has the “$200 million in cash.”
Fans of the “Drunk In Love” collaborators took to social media to voice their opinions on reports that Jay-Z and Beyoncé paid $200 million in cash for their new home.
One fan said, “So someone has $200 million in cash sitting somewhere. Can you imagine how many bags or trucks they would need to move like that…the world is really unfair.”
One fan asked, “Why do we care so much about this couple’s business?”
“$200 million is worth more than the net worth of some actors and athletes. Damn!” Another fan coined.
Jay Z and Beyoncé keep their $88 million Bel Air mansion
Despite their recent $200 million cash purchase of the stunning Malibu estate, musician couple Jay-Z and Beyoncé have decided to keep their beloved Bel Air mansion, each TMZ.
Located in the prestigious and exclusive neighborhood of Bel Air, the two-acre mansion was developed by Dean McKillen and acquired by Jay-Z and Beyoncé in 2017 for $88 million. Sleek and contemporary in design, the L-shaped property features state-of-the-art amenities, including a spa, fitness center, media room, and sprawling outdoor spaces matched for lavish entertainment.
According to the news outlet, the couple still considers the Bel Air mansion a “home” because it’s close to their kids’ school and friends, while the Malibu property will serve as a “weekend home” until they can move in fully.
Jay-Z is in a legal battle over a paternity test
According to the daily Mail, Rymir Satterthwaite, 30, has accused the Roc Nation rapper of abusing the legal system for more than a decade to evade a DNA paternity test.
Satterthwaite has been trying to prove that he is the illegitimate son of Jay-Z for the past nine years, but he has run into many roadblocks. He has now taken the case to the Supreme Court to consider dismissing the case and forcing Jay-Z to take a paternity test.
He told the publication that all he wanted out of this was to see “justice served” and that he would do everything he could to ensure that happened and for the rapper to acknowledge him as a son.
He said, “This will not end until justice is done.” “I just want to live my life, and when all is said and done, I hope Jay-Z wants to be a part of my life if it is God’s will. I will not stop fighting for this until I win. And I will win because the law is on our side.”
Meanwhile, according to the publication, Jay-Z’s attorney denied Satterthwaite’s allegations, saying, “The allegations have been previously reviewed by the courts and disproved. I’m sure that would be the result of whatever filings Mr. Satterthwaite may consider.”
