Beyoncé Giselle Knowles-Carter, Beyoncé and her husband Shawn Corey Carter have had their handful of successes in their iconic careers as artists and are in no way strangers to achieving record-breaking feats.
Earlier this year, Yoncé and claimed the title for the most Grammy wins of all time; a mouth-watering 32!
She furthered tied her husband, rapper and businessman Jay-Z for the most grammy nominations in history; each having 88 recognitions.
Now, the famed, star couple can count a groundbreaking real estate record as one of their own after purchasing a luxurious Malibu home—the priciest in the history of The Golden State, Carlifonia. The nine-figure transaction shattered Marc Andreessen’s former record in California, set with his $177 million purchase in 2021, still located in Malibu.
Beyoncé and Jay-Z have reportedly been house hunting for a while and they finally found the oasis they were looking for, only it cost them quite the fortune. The 40,000-square-foot property sold for 200 million dollars overlooks the Pacific Ocean in the exclusive Paradise Cove enclave and according to several news outlets was previously owned by art collector William Bell Jr and was designed by Tadao Ando, -the same architect that built Kanye West’s oceanfront home.
The property took almost 15 years to be completed as it has a one-of-a-kind all-concrete structure and it cost the previous owner, Bell Jr. Almost $100 million to build.
The home’s initial sale price was $295 Million. However, Beyand Jay-Z had procured it for $200million shaving $95 million off the price tag, making it the second most expensive home in the entire United States only next to Ken Griffin’s New York house, -w a four-story condo overlooking New York’s Central Park sold for $238 million.
Though the media has reacted concernedly to the amount of momey put into procuring their new home, between the couple’s net worth, album sales and business endeavors the purchase shouldn’t really weigh on them. Beyoncé’s current Renaissance tour could bring in as much as $2 billion, and Jay-Z’s net worth is $2.5 billion—more than enough to rule out the record-breaking purchase.