JAY-Z and Beyoncé’s California real estate record has been broken by Oakley founder James Jannard after he sold his Malibu home for $210 million.
It’s the most expensive sale in state history, surpassing the $200 million Jay and Bey spent on a Malibu estate last year.
Jannard has owned the mansion for over a decade, purchasing it for $75 million in 2012.
With eight bedrooms and 14 bathrooms as well as 9.5 acres in land, including 300 feet of ocean frontage, it is one of the most luxurious homes in the U.S.
Last year, JAY-Z and Beyoncé coughed up a whopping $200 million on a 30,000 square foot Malibu property that was designed by renowned architect Tadao Ando.
The power couple are no strangers to large scale real estate transactions having spent hundreds of millions on property in recent years.
Back in 2017, JAY-Z and Beyoncé purchased their $88 million Bel-Air mansion with a $52.8 million mortgage. According to the Los Angeles Times, that amounts to monthly mortgage payments of $252,075 over 30 years, assuming the interest rate is four percent.
The luxury pad boasts 30,000 square feet of living space, a full-sized basketball court, four outdoor swimming pools, a spa and staff quarters across a two-acre estate.
The couple finally landed their home after continuously getting outbid over the past three years. While on the hunt, they rented out an L.A. mansion for $150,000 a month.
Now, their million-dollar domain trumps David Geffen’s $85 million dollar Malibu purchase earlier this year for the largest purchase in Los Angeles County. It’s the sixth largest sale of a single family home in Los Angeles.
As well as property, the couple have been splurging on luxury vehicles.
In 2021, it was reported they became owners of the world’s most expensive car — Rolls-Royce’s $28 million Boat Tail convertible car.
The $28 million blue-hued Rolls-Royce was reportedly built for the Mediterranean backroads of the French Riviera where The Carter’s regularly visit for vacation.
It also comes with a rear deck that contains a picnic set and a double refrigerator to keep bottles of champagne chilled at six degrees.
There are also two-sided timepieces from Bovet 1822 for each person that can either be worn or used as car clocks.
What exactly is hip hop about this? I can’t fathom 200+ million on a home nor would I want to.
Redicilous
This has nothing to do about Hip-Hop at all. Maybe you should write a article for Fortune Magazine. Carry on!!!
The maintenance and property taxes alone would be outrageous
Don’t forget about the staff to keep it clean, the grass cut and the 4 pools crystal clear. All of that is a bankload and let’s not forget a private chef or two for everyone.
I wonder how much do they invest in cancer foundation or feeding the hungry?
Why’s it even matter? Just cause someone has been successful in life absolutely doesn’t mean they owe ANYONE ANYTHING. I’m sure they donate a ton of money *specially cause it’s good publicity plus it’s a huge tax write off* so in reality it’s in their best interest to donate its a win win win for them. But regardless of how much anyone has doesn’t obligate them to give it away.. Imagine if that’s what we taught our kids? The harder you work the more you accomplish the more money you made to take care of your family for generations to come requires you to donate a significant amount to a bunch of charities other wise your an asshole stingy greedy pos that don’t deserve the money you spent a hard life accomplishing to accumulate and strive for the best life for you and yours. There ialways has to be that one person that has a fucked up sense of entitlement and thinks any and everyone owes them something just by gracing the earth with their presence.
ummm… It is possible we ain’t all gold diggers with out our reasons getting away with so much shit damn right they should be questioned
Fuck both of them. Write an article when this overrated bitch builds a hospital in Iraq or when this ugly ass bitch ass fucka ass sucka ass gives a fortune to his so-called African brothers in Sudan.
What are you doing exactly for the same causes? So clearly half ur work check goes to what ur speaking on correct. Because it’s no way ur just talking and insulting! Go make the money and give it so u know for sure that it’s done! Their brothers now, no one claims Blac until it’s beneficial!
YOU SURE DO HAVE UNIQUE WAY OF EXPRESSING YOURSELF BUT I WILL TELL YOU WHAT WHAT YOU SAID WAS TRUTH RIGHT TO THE BONE MARROW TRUTH …BRAVO
so he made 10Mplus a year the last decade for having enough loot to buy a mansion huh, meanwhile they want normal folks to pay 1M for 20 grand worth of wood from 1950?
What a misleading title. Essentially Jay and Bey spent $200Ms, the Oakley founder “earned” $210million.
14 bathrooms
14 bathrooms!
This is a terrible article, bad clickbait title and should be removed. has nothing really to do with jay or bey. weird.
I feel that all that money they have u should take that money and. Get with someone like myself that wants to have a home and land for foster children to have a home and a person to love them with Theripst on site for the children to grow up with love the children are the future. Children are in schools. That eat lunch Monday -Friday don’t have food at home we need to help these children I try to give food and clothes out to children from my own home and I need some ppl to help but no one really cares to help but we can have big homes to live in but children on the street homeless they can rent a home 252,000 a month and all I need is a home with rooms twin beds and a big kitchen to cook for these children and a van to show these children some love … if any one want to help with this program I’m trying to do email me…
I feel that all that money they have u should take that money and. Get with someone like myself that wants to have a home and land for foster children to have a home and a person to love them with Theripst on site for the children to grow up with love the children are the future. Children are in schools. That eat lunch Monday -Friday don’t have food at home we need to help these children I try to give food and clothes out to children from my own home and I need some ppl to help but no one really cares to help but we can have big homes to live in but children on the street homeless they can rent a home 252,000 a month and all I need is a home with rooms twin beds and a big kitchen to cook for these children and a van to show these children the beautiful world and art& music &some love … if any one want to help with this program I’m trying to do email me…
I feel that all that money they have u should take that money and. Get with someone like myself that wants to have a home and land for foster children to have a home and a person to love them with Theripst on site for the children to grow up with love the children are the future. Children are in schools. That eat lunch Monday -Friday don’t have food at home we need to help these children I try to give food and clothes out to children from my own home and I need some ppl to help but no one really cares to help but we can have big homes to live in but children on the street homeless they can rent a home 252,000 a month and all I need is a home with rooms twin beds and a big kitchen to cook for these children and a van to show these children the beautiful world and art& music &some love … if any one want to help with this program I’m here for it
You best get to work…She has worked hard to get to where she is. You think those concerts and tours are done overnight without countless hours of rehearsing her songs and dance moves to be able to put on an amazing performance for people that have spent their hard earned money to have a good time. And who’s to say she doesn’t donate to a charity for kids. But most importantly that’s her money! and if she wanted to take every dime she has made and spreads it on the floor and pissed all over it and flushed it down the toilet, she absofuckinglutely has the right to do so that’s her money and who are we to dictate what she should and shouldn’t do with the money she has worked so hard to earn?!!! The people in this world…
I’ve been watching wealthy people purchase real estate in Hollywood for a long time. Interesting how you made it a competition. Do you feel better that a billionaire paid more for his home than two other billionaires? In the words of Meghan The Stallion, “The hate campaign ain’t working at all.”