According to TMZ, Jay-Z and Beyonce have just purchased one of the greatest architectural masterpieces in the US. Their new purchase is a 30,000 square foot home in the prime area of Malibu. The media outlet quotes a real estate source as saying Bey and Jay paid $200 million for the property, making it the most expensive home ever sold in the entire state of California.
The house is said to be the second most expensive real estate deal in the US – the top being $238 million for an NYC apartment.
The house sits on an 8-acre bluff overlooking the Pacific Ocean in the Paradise Cove area. Designed by Tadao Ando, a Japanese master architect, the house is dubbed an architectural jewel.
The house was owned and built by William Bell, one of the biggest art collectors in the world. It took Bell almost 15 years to build the all-concrete structure.