Beyonce and Jay-Z have made a significant real estate purchase, replacing previous California property price records in the process.
The 'All The Single Ladies' singer, 41, and hip hop tycoon, 53, invested in a massive luxury Malibu mansion for a tremendous amount of $200 million (BD75,396,060)!
It has reportedly become the most costly home sold in the state of California.
The duo - who already own a mansion in the upscale Bel Air neighbourhood - broke the record of their new neighbor, venture capitalist Marc Andreessen, who purchased his home next door for a whopping $177 million in 2021.
The estate situated in a niche Paradise Cove area (also identified as the Billionaires' Row) was reportedly purchased by the couple in cash.
The acquisition of the 30,000-square-foot (eight acres) concrete compound is the second most extravagant real estate deal in the country, immediately after a $238 million apartment in Central Park South in New York City, bought by hedge fund mogul Ken Griffin in 2019.
This means that after Beyonce is done with her Renaissance World Tour, she will be able to come home to her fancy new mega-mansion, that overlooks the Pacific Ocean.