Despite being a star who owns millions of dollars in assets, Beyoncé and her husband still buy a house in installments and pay a debt of nearly 150,000 USD every month.
Jay-Z and Beyoncé are two of the world’s most famous legends with musical talent and a joint fortune of 1.9 billion USD.
Throughout their careers, rapper Jay-Z and singer Beyoncé have achieved many remarkable achievements. Jay-Z had a successful music and business career for decades, becoming hip-hop’s first billionaire.
And wife Beyoncé broke the record for the female artist with the most Grammy awards when she received the 28th trophy of her career.
Among their many sweet fruits, a dream home is something that is hard to ignore. According to the writer of Luxurylaunches, this is a testament to the dreams of billionaires and a suitable residence for two music industry stars.
Beyoncé and Jay-Z are one of the richest star couples. Photo: Brides.
The star couple spent no less than three years looking for the right house. They lived in an expensive rental house before investing in a land area of nearly 2,800 square meters. Beyoncé & Jay-Z bought this ultra-modern mega-home in California in 2017 for $88 million.
The mansion was initially listed for $135 million and they made an offer of $120 million, eventually closing in on a price close to $90 million.
Located in the Bel Air neighborhood of Los Angeles (USA), the house was designed by McLean Design and built by Dean McKillen, son of Irish billionaire real estate developer Paddy McKillen.
This property includes 8 bedrooms and 11 bathrooms, home theater, luxury interiors, mood lighting, gym… This stylish home has not one but four swimming pools, 15-car garage, basketball court and separate staff area, ensuring round-the-clock service.
Beyoncé’s mansion includes an outdoor basketball court. Photo: @beyonce.
In addition to the world-class amenities, there are elements throughout the home that make the design stand out. Everything is beautiful, from the sculpted limestone staircase lined with leather to the nearly 1,000 square meter outdoor space. Glass windows are bulletproof and ensure safety without causing loss of aesthetics.Despite being one of the richest couples in showbiz, Jay-Z and Beyoncé took out a $52.8 million mortgage loan from Goldman Sachs to buy the house. The move left the pair with monthly payments of $149,600. They paid 40% of the $35.2 million purchase price in cash.
Earlier this year, British Vogue editor-in-chief Edward Enninful had dinner with Beyoncé at her Bel Air home. He was surprised at how comfortable it felt to sit in the house while also being impressed with the beautiful works of art.
Beyoncé likes the work of contemporary Ethiopian-American artists Awol Erizku, Kerry James Marshall and Kara Walker. The couple also owns works by David Hammons, Richard Prince and Laurie Simmons.
British media said that instead of simply settling down, the two stars also renovated their expensive house at a cost of up to 800,000 USD. Changes included the installation of a $30,000 backup generator and a living area below the four pools for up to $750,000.
Beyoncé and Jay-Z’s Bel Air mansion costs up to 88 million USD. Photo: @beyonce.
According to Love Property, the wealthy couple once lived in a house of more than 1,200 square meters in New Orleans (USA), which had 10-meter high ceilings and large windows.
Jay-Z and Beyoncé also rented a beachfront villa located on Pacific Coast Highway in Malibum (California, USA), where they welcomed their twins – Rumi and Sir. The villa with 15 bedrooms and 10 bathrooms costs the star couple nearly 400,000 USD/month.
