Our bookings are powered by Design My Night, and we encourage our users to read their privacy policy. Once cookies have been accepted, a cookie will be placed to remember this, however, you can manage your consent by reselecting the cookies tab.Īdditionally, Local storage is used within the bookings page. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It works only in coordination with the primary cookie. Records the default button state of the corresponding category & the status of CCPA. The cookie is used to store the user consent for the cookies in the category "Other. This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". A cookie is set to remember your answer, either as a session cookie or for 60 days, to allow usage to the site. When you enter our site you will be asked to confirm if you are over 18 years of age. These cookies ensure basic functionalities and security features of the website. Kurt Rappaport of Westside Estate Agency handled both sides of the transaction.Necessary cookies are absolutely essential for the website to function properly. But their main residence, for now, remains an $88 million mansion in the posh Bel Air neighborhood of Los Angeles. According to TMZ, who first broke the news, the power couple plunked down the small fortune (by their standards, anyway) for the 30,000-square-foot home in an area known as Billionaires Row. The structure’s interiors remain mostly a mystery, and we don’t even know how many bedrooms and bathrooms there are, but rest assured they are all strictly and brutally minimalist.Īstute real estate watchers will recall that this is not Tadao Ando’s only residential work in Malibu two years ago, Kanye West paid $57 million for a far smaller Ando-designed home just a short drive down the coast.Īnd in addition to their giant new Malibu estate, Beyoncé and Jay-Z have a number of other homes, including a New York City penthouse and house in the Hamptons. A second contractor, Morley Concrete, delivered another 7,645 cubic yards of concrete to erect the house itself. One contractor, Pacific Pervious Concrete, provided a whopping 22,500 square feet of polished pervious concrete for the estate’s driveway and motorcourts alone. The property has also been noted for its extensive use of concrete. There are also two giant outdoor pools, one for swimming and one a reflecting pool, the type for which Ando has become widely known. But aerial views show the place has an enormous backyard with what appears to be acres of grassy lawn. Since the property was never officially listed on the open market, further details are scarce. Completed circa 2014, the monolithic fortress was created, at least partially, to display the Bells’ enormous collection of modern art, including numerous works by Jeff Koons, Andy Warhol, Damien Hirst and Marcel Duchamp. But you could also spin this by saying the Carters got a great deal - the house had been privately listed at $295 million.įor all that money, the place comes with some very major bragging rights: a full 8-acres of blufftop land with unobstructed ocean and coastline views, direct access to what is perhaps Malibu’s most scenic beach, and an epic 40,000-square-foot mansion - one of the few homes designed by famed Japanese architect Tadao Ando, who collaborated with L.A.-based WHY Architects on this mega-project.įirst commissioned in the late 1990s by Bill and Maria Bell - he the son of the soap opera tycoons who created “The Young and the Restless” and “The Bold and the Beautiful” - the house took 15 years to plan and build. That incredible sale price ranks as the most ever paid for a California home, eclipsing a $177 million Malibu compound immediately next door, and the second-most ever paid for a U.S. Per TMZ, the ultra-famous couple has paid $200 million for a supervillain-worthy, Brutalist-style estate set high above Paradise Cove. So it may make sense that the billionaire mogul and Beyoncé have reinvested some of those profits into an incredibly lavish vacation home in Malibu. Earlier this year, Jay-Z sold his controlling stake in the D’ussé Cognac brand to Bacardi for a reported $750 million.
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