Jay-Z and Beyonce bought the most expensive house in California for $ 200 million

Jay-Z and Beyoncé have reportedly purchased the most expensive property in California for an incredible $200 million. Credit: SBWOO/MEGA

Jay-Z and Beyoncé have cemented their status as the unofficial kings and queens of the entertainment industry by buying California's most expensive mega-mansion for $200m (£161m).

40,000 sq. on foot, which has been compared to a supervillain's lair, is made of concrete and glass and is located on eight acres on a cliff overlooking the Pacific Ocean in Malibu.

They will be next door. California's previous record holder, billionaire venture capitalist Mark Andreessen, albeit some distance away, who paid $177 million for his luxury residence in 2021.

Despite the gigantic price tag, Jay-Z and Beyoncé seem to have struck a deal. Their new home was never listed for sale, instead being offered privately to super-wealthy potential buyers with an initial asking price of $295 million.

The house was designed by Japanese architect Tadao Ando, ​​who is also currently time designing a house in Malibu for Kanye West.

The mansion was reportedly listed for sale for $295 million. Photo: SBWOO/MEGA

The minimalist L-shaped structure was made from 7,645 cubic yards of concrete. It has concrete corridors and glass walls.

A sprawling lawn leads to the edge of the cliff, and below is the beach.

The residence is located in a well-known area. like "Billionaires' String" in Paradise Cove, Malibu, one of the most popular destinations in the US.

Even mobile homes in Paradise Cove have sold for over $5 million.

In 2017, Jay-Z and Beyoncé paid $88 million for a Bel Air mansion that had a similar design.

p> The celebrity couple performs in Wales in 2018. Photo: Kevin Mazur/Getty

Their new home was built over 15 years by the previous owner, art collector Bill Bell Jr., whose father created the perennial US soap operas The Young and the Restless; and "The Bold and the Beautiful".

This is the second most expensive home purchase in the United States.

The record still holds hedge funds billionaire Ken Griffin, who paid $238 million for an apartment in New York in 2019.

Last year, seven US homes were sold for more than $100 million, and 44 for more than $50 million.

The highest selling price last year was Oracle co-founder Larry Ellison's $173 million Florida estate purchase, the most expensive purchase in the state.