Jay-Z and Beyonce paid $200 million for Malibu property, which breaks a California state record

Jay-Z and Beyonce buy Malibu property for $200 million

Jay-Z and Beyonce are used to making history and they are an iconic couple. Everything they have done, individually and as a couple, has been groundbreaking. With Beyonce, she continued to make history with her chart positions. From the start, she was a star, even with Destiny’s Child. Meanwhile, Jay-Z overcame all kinds of odds to become one of the top rappers in hip hop. Together, they became hip hop’s first billionaire couple. Also, they made California history with the purchase of their Malibu property.

Jay-Z is from New York City, Brooklyn to be exact. Over the course of his career, he has lived in places all over the city. In addition, as one of the wealthiest people in the world, Jay-Z has lived all over this nation. With Beyonce being his wife and also one of the world’s wealthiest people, she has enjoyed these same luxuries. As a result, the couple owns properties in many places. Perhaps the most captivating of them is the church they bought in New Orleans and converted into a mansion.

Jay-Z has stayed out of the headlines since news broke of his net worth rising to $2.5 billion. However, he and Beyonce have returned to the spotlight. Once again, it has to do with their money. Recently, the couple purchased a mansion and property in Malibu. The property comes along with a mansion and eight acres on a bluff overlooking the Pacific Ocean. In total, the property cost the iconic couple $200 million, which breaks a California record for the most expensive property purchase.

Source: TMZ

Jay-Z and Beyonce buy Malibu property for $200 million