Jay\u002DZ and Beyonce paid cash for their $200 million mansion.
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The couple – who have daughter Blue Ivy, 11, and five-year-old twins Rumi and Sir together – recently splashed out on a 30,000 square foot abode in Malibu from art collector William Bell, andFrom our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
It was revealed last week the property deal was the most expensive home in the state of California, breaking the old record of $177 million, and it is the second-highest ever real estate deal in the entire country, behind the $238 million sale of an apartment in New York. But Jay and Beyonce may think they have received a bargain because the house – which sits on an eight-acre property overlooking the Pacific Ocean in the Paradise Cove area – was listed for $295 million..Former owner William took almost 15 years to build the all-concrete property, which was designed by Japanese master architect Tadao Ando.
Back in 2017, Beyonce and Jay – who married in April 2008 – splashed out $88 million on a mansion in the Bel-Air area of Los Angeles, and spent millions on the property to boost its value to more than $100 million.
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