Jay Z and Beyonce are renting a $45 million mansion in the Holmby Hills section of Los Angeles for approximately $150,000 a month, according to TMZ.
The property is owned by a British Billionaire who rarely visits Los Angeles and left the estate essentially vacant.
The music couple reportedly signed a one-year lease for the property, which includes a 20,000 square foot house, a complex featuring an indoor Olympic-sized swimming pool and an outdoor pool with a waterfall.
Last month, Jay Z and Beyonce were forced to leave the Los Angeles-area house they were renting after someone put a $33.5 million bid on the house and they declined to match the offer.
In December 2014, the pair were reportedly outbid by Swedish billionaire Markus “Notch” Persson while trying to purchase a 23,000 square-foot Beverly Hills home.
Photos of the house that Jay Z and Beyonce are renting are as follows:
For additional Jay Z coverage, watch the following DX Daily:
why the fuck are they renting?
stupid
These white people in black skin I tell ya
I am my favorite rapper. These rappers today are evil and envious trying to do me harm. Enter jango com/music/icbteam in your url (don’t forget the dot). But they couldn’t harm me if they had all the slander and schemes in the world. Trust me, you’re sparing them, not me.
Well good for them..whoopty doo. As much money as they have though, why rent when they can buy? Hmmm
They can’t buy what they think they deserve. They’ve been outbid in the past by people with a different level of money, the type of people that write them their paychecks as paid entertainers. If they were smart they’d plop down 1 million cash on a house and be done instead of trying to act like billionaires with endless money.
If this is true why the hell would they rent a home in LA crazy just doing to be doing it ewwwwwwwwww that’s nuts
What a waste of fucking money smh. They are basically buying a house every month in some states with that type of money. See Jay this is why people feel like somewhere along the way you forgot about how you came up. Just because you got money don;t mean you should spend it like it’s nothing. Think of the people starving bro i mean 150,000 a month??? Come on man where do this bullshit i wanna show off what i make attitude going to change in rap music?
Why would I pay $150,000 a month for rent?? Might as well buy the damn mansion…… Who ever gonna rent this house $150,000 a month is stupid.
I rather pay a mortgage than renting that for $150,000