Prolific Rapper Jay-z And Wife Beyonce, Acquires The most Expensive Home In California

The duo who’s real name is Shawn Carter, are currently the proud owners of the most expensive home ever sold in the history of California which has set a record for the most expensive home ever in the state, The Carter family has handily overtaken the previous record of $177 million and the second-most expensive real estate deal in the country, TMZ reported.

It was reported that they got a discount, as the home was privately listed for $295 million. Designed by renowned Japanese architect Tadao Ando, the mansion spans 30,000 square feet and reportedly took more than a decade and a half to finish. The modern home was completed in 2014. The seller is notable Los Angeles art collector Bill Bell, Jr., who is the heir to a soap opera fortune. His father, William J. Bell, created the iconic soap operas The Young and the Restless and The Bold and the Beautiful. According to the L.A. Times, Bell purchased the property in the late 1990s for $14.5 million and enlisted Ando to create a modernist glass-and-concrete structure.

The whooping $200 million Malibu, California estate has a colossal concrete compound which sits on 8 acres of pristine land off the Southern California coast and has its own private beach, swimming pool, and a water feature in addition to the 40,000 square foot residence.