Table Of Content
- Long Beach weighs new hiring process as almost a quarter of jobs sit vacant
- Jay-Z and Beyoncé’s Houses: Inside Their Real Estate Portfolio Worth Hundreds of Millions
- A ‘Buffy’ obsession became an opening door. Now Jane Schoenbrun returns the favor
- Jay-Z Paid $20M for Country Radio Stations to Play Beyoncé's Music?
In 2017, they shelled out $88 million for an impressive Bel-Air pad, and they also own homes in New York City and the Hamptons. The Carters’ recent purchase surpassed the former record of a $177 million Malibu compound purchased by billionaire Marc Andreessen in 2021, TMZ reported. Still, however, the most expensive sale in the nation still belongs to billionaire hedge-fund manager Ken Griffin, who purchased a New York City penthouse for $238 million. Meanwhile, Beyoncé’s bachelorette pad for the first few years of their relationship was a $5 million condo in midtown Manhattan overlooking Central Park, which she purchased in 2005.
Long Beach weighs new hiring process as almost a quarter of jobs sit vacant
“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…💀,” wrote another. It comes as no surprise that Queen Bey’s home comes with a basketball court, given that the Carters are known fans of the sport and are often seen attending NBA games. The couple's all-black court makes a cool backdrop for at-home snapshots too. As part of your account, you’ll receive occasional updates and offers from New York, which you can opt out of anytime. Beyoncé, meanwhile, had an estimated net worth of $450 million by the end of 2022, according to Forbes. However, her wealth is likely to be boosted by her upcoming Renaissance World Tour, which is expected to earn almost $2.1 billion.
Jay-Z and Beyoncé Made the 'Biggest Property Moves' in 2023 - Behind The Hedges
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Jay-Z and Beyoncé’s Houses: Inside Their Real Estate Portfolio Worth Hundreds of Millions
The sale was brokered by Kurt Rappaport, a celebrity real estate agent of the Westside Estate Agency, who represented both the buyer and the seller in the sale. The colossal home spans nearly eight acres and has a private beach, infinity pool that seems to stretch off into the ocean, and Zen water features. According to Dirt, more than 22,500 square feet of polished pervious concrete was used for the estate’s driveaway and motor courts alone. For the home, it’s estimated that more than 7,645 cubic yards of concrete was used. According to TMZ, Beyoncé and JAY-Z have purchased a 30,000-square foot home in Malibu for a record-breaking price tag of $200 million.
A ‘Buffy’ obsession became an opening door. Now Jane Schoenbrun returns the favor
This particular one is asking an astonishing $500 million, making it the most expensive mansion in America (a title currently held by another Bel Air property not of his design, listed at a mere $350 million). Dubbed “The One,” the McClean house comes with a 30-car garage, a 5,000-square-foot master bedroom, and a casino, among other features that balloon it to nearly 100,000 square feet. The Carters then began their search for a home base in Los Angeles, but they had a surprisingly hard time locking one down.
In the years since, they have owned and sold homes in New York City, Miami Beach, New Orleans, the Hamptons, and Los Angeles. This monolith gets its dose of openness with floor-to-ceiling glass panels. There will be plenty of space for Beyoncé’s three children to play in the expansive backyard boasting one swimming pool, one reflecting pool typical of Ando’s style, and direct beach access. The US$200 million brutalist-style estate is set high above Paradise Cove beach.
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'You Ran Back to Your Mama House': Jay-Z's New 9-Minute Song Seemingly Reflects on Relationship Drama With ....
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Some of Malibu’s new elite homeowners are now cobbling together multiple properties to build mega-luxury compounds, according to the Journal. The WhatsApp CEO, Jan Koum, bought two adjoining properties for a combined $187m, while Marc Andreessen owns three different Malibu homes with a total value of $255.5m. The seller is renowned art collector William Bell, son of the creator of American soap operas The Young and the Restless and The Bold and the Beautiful. Bell, who bought the property in 2003 at $14.5 million, spent over 15 years completing the 30,000 square feet compound–designed to showcase his legendary art collection. The new Blue Jay Way home, at 8,000 square feet, is by no means the grandest of McClean’s designs, which can come with six-digit square footages and nine-digit price tags.
Its rise in the rankings of the favorite spots of the super-rich was solidified again in past weeks, with reports that Beyoncé and Jay-Z purchased a 40,000 sq ft oceanfront mansion in the coastal enclave. The couple reportedly paid cash for the 40,000-square-foot concrete mansion by the Japanese architect. Because the home was listed privately, it’s not known how many bedrooms and bathrooms are inside or the types of amenities—but we can only imagine the home’s features are fit for the couple’s extravagant tastes. The calming retreat is both simple and tranquil—surely a respite from both of the musician’s busy lifestyle. Knowles is currently in Europe on her Renaissance World Tour, which is estimated to rake in nearly $2 billion.
Jay-Z and Beyoncé drop $200 million on Malibu mansion, setting a record in California
Kurt Rappaport, the Malibu “alpha agent” who reportedly arranged the record-breaking $200m sale, has previously worked with Tom Cruise, Brad Pitt and Ellen DeGeneres. The mansion been described as “massive”, “minimalist” and “echoey”, and reportedly includes both a pool and a “water feature”, as well as an award-winning concrete driveway. Ando, who also designed Kanye West’s Malibu beachfront home, built the digs in collaboration with award-winning architect (and protégé) Kulapat Yantrasast, who runs the firm WHY out of New York and Los Angeles. Kurt Rappaport, the celebrity real estate agent who represented the Carters as well as the Bells in the sale, did not immediately respond to Insider's request for comment. The hip-hop power couple stole the record from their new neighbor, billionaire venture capitalist Marc Andreessen, who paid $177 million for the home right next door in 2021. On Thursday, the Wall Street Journal reported that homes designed by Ando — who’s based in Osaka, Japan — are supremely rare with a cult following.
It sounds like an insane amount of money even after scoring a whopping US$100 million off – the house had been privately listed at US$295 million. Their next-door neighbour, venture capitalist Marc Andreessen, holds the record for the second most expensive home bought for a staggering US$177 million in 2021. The “Crazy In Love” collaborators reportedly got a great deal on the structure, as it was actually listed for $295 million. On Reddit, a thread about the mysterious property concluded that “every Malibu mansion looks like a supervillain lair”. According to TMZ, the pair has splashed out $200 million for a sprawling mansion designed by Pritzker prize–winning architect Tadao Ando perched amid the star-studded bluffs in Malibu, California. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri.
Their Mediterranean-style villa (one of only 35 homes on the island) was built in 1991 and boasted seven bedrooms and eight bathrooms, plus its own private boat dock. The couple was believed to have paid a little over $9 million for the compound, but they didn’t hold onto it long, selling it for $9.3 million in 2010. This is not the first expensive home purchased by the billionaire couple in California, as they bought a Bel-Air mansion in 2017 for $88 million. Later, the 53-year-old and his wife increased the property’s value by investing more into it and it is now worth over $100 million, per TMZ.
The experience likely prepared McClean for dealing with L.A.’s lengthy approvals processes, which can take as long as building a house, as well as its high-profile clientele. Couple all that with “sleek and sexy exteriors,” and it’s a recipe for record prices. McClean has cornered the .1% housing market by building grandiosity in the most minimal of architectural styles. Consider what a gigamansion might look like, tricked out with top-of-the-line security, staff quarters, and, in the case of Beyoncé’s new home, bulletproof windows. One does not envision, say, an austere Frank Lloyd Wright house at one with the nature around it. Art collector William Bell, its previous owner, spent 15 years building the all-concrete structure.
Per W Magazine, the massive property was originally built for noted art collectors Maria and William Bell, with construction taking 15 years. Let’s just hope that the floor plan doesn’t include a secret underground bunker fit for a Parasite. Although Beyoncé is currently on the first leg of her widely popular Renaissance World Tour, it didn’t stop her from selecting her newest home. The power couple snagged the record from their new neighbor, venture capitalist Marc Andreessen, who bought his home next door for a staggering $177 million in 2021. The Knowles-Carter estate in Malibu was designed by the self-taught Pritzker Prize-winning Japanese architect Tadao Ando, best known in the U.S. for building the Fort Worth Modern Art Museum.
The music power couple dropped $200 million on the estate, which officially made it the most expensive home ever purchased in the state. The power couple next paid a casual $400,000 a month to rent a 31,000-square-foot New England–style mansion in Bridgehampton, New York, in 2012. The vacation home was outfitted with all the necessities of a perfect summer getaway. In addition to a two-lane bowling alley, the home also offered a rock climbing wall, a skateboard half-pipe, a full bar, a pool, a tennis court, and an outdoor kitchen. The pair began building their joint real estate empire in 2008, when they were married.
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