With their $200,000,000 mansion purchase, Beyoncé and Jay-Z set a record for the most expensive home purchase in California.

Beyoncé and Jay-Z broke a brand-new record. The well-known pair just bought a brand-new, lavish home in Malibu. The $200 million house in California is the creation of Japanese architect Tadao Ando, who is currently working on Kanye West’s future residence.

The mansion is also the second most expensive in the country; a $238 million apartment in New York City is the most expensive home in the country. The couple received a great deal on their current 30,000 square foot, all-concrete mansion, which was originally listed for $295 million.

William Bell, who spent 15 years building the estate and is regarded as one of the world’s largest art collectors, was the former owner. For the construction of the 8-acre estate with a concrete pool overlooking the Pacific Ocean in the Paradise Cove neighborhood, Bell reportedly requested a $100 mιllιon loan.

The power couple previously bought a $88 mιllιon Bel-Air property back in 2017, making this their second Malibu acquisition. While on her successful world tour, Beyoncé is starting a new business and launching a new hair-care line.

Jay-Z and their daughter Blue Ivy were recently sighted at one of the performances. The couple cheered on the well-known singer and enjoyed her outstanding performance.