Monday, May 22, 2023

Jay Z and Beyonce Paid Cash for Malibu Mansion


Last week it was revealed the Jay Z and BeyoncĂ© purchased the most expensive house in California [click here if you missed that]. 

Apparently they paid for the house in cash...

From TMZ 
Sources with direct knowledge tell TMZ ... the two paid $200 million CASH for the 30,000-square-foot Malibu mansion purchased from William Bell, one of the biggest art collectors in the world.
The figure is mind-boggling ... but if you look at the couple's financial portfolio, they've certainly got the assets to make it work.
According to Forbes, Jay is worth $2.5 billion ... thanks to his lucrative liquor businesses, Ace of Spades and D'Usse, his music catalog, and his fine art collection -- with pieces from Basquiat.
In 2022, Forbes estimated Beyoncé's net worth to be just shy of $500 million ... crediting her tours, music catalog, and appearances in feature films to the majority of her wealth.

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