Power couple Beyoncé and Jay-Z pay $200 million for California residency

Beyoncé and Jay-Z are known as one of the most lavish and influential couples in the world. With an impressive combined net worth that exceeds the billion, they have not only conquered the music industry, but also built an empire that spans various business sectors.

Beyoncé and Jay-Z are behind record-breaking transaction in the California real estate market

As one of the best-selling artists of all time, Beyoncé has not only unparalleled vocal ability, but also extraordinary business intelligence. Her successful music career is just the beginning of her financial triumphs. She has set up several lucrative business ventures, including her own clothing line, perfume collection and real estate investments.

In that respect, she has many similarities with her partner, the rapper Jay-Z. He is also not only an artist at heart but also a visionary businessman. His influence extends beyond the world of music, with investments in fashion, art, technology and beverages, such as selling his liquor brand D’ussé Cognac for $750 million.

Together, Beyoncé and Jay-Z have combined their financial strength and amassed a joint net worth and enabled them to make record-breaking transactions. The couple appears to be behind the most expensive private home ever sold in the state of California, TMZ reports. At the same time, it is considered the second most expensive deal in the entire US. Only an apartment in New York yielded more: $ 238 million.

$95 million haggled

They agreed to an asking price of no less than $ 200 million, the equivalent of approximately € 186 million. According to insiders, various negotiations preceded it. The 2,787 m2 building was initially listed for $ 295 million. But what the hell do they receive for that staggering amount?

Well, an L-shaped concrete villa in Paradise Cove, a wealthy neighborhood in Malibu. Unfortunately, we cannot say much about the interior and, for example, the number of bedrooms, because the sale of the property was handled through a silent sale. Fortunately, we do have aerial photos at hand, on which we see not only a swimming pool, but also an enormous expanse of grass. We also see that part of the main residence is sunken and that there is a view of the Pacific Ocean from the plot.

If they run out of sugar for their coffee, they can knock on the door of one of their new neighbours, such as the American-Ukrainian WhatsApp founder Jan Koum.

The moving boxes do not have to be brought very far, because the couple lives in star-studded Bel Air to this day. In an $88 million mansion to be exact. They also own lavish homes in Los Angeles, the Hamptons and New York City.

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