Jay-Z and Beyoncé Will Keep $100M Bel-Air Mansion After $200M Malibu Purchase

Jay-Z and Beyoncé Will Keep 0M Bel-Air Mansion After 0M Malibu Purchase

Jay Z & Beyoncé
$300 Million in L.A. Properties …
Holding On to Bel-Air Estate

5/21/2023 12:50 AM PT

It’s nice to have options … and that’s exactly why Jay-Z and Beyoncé are going to hold on to their $100 million Bel-Air mansion, despite just shelling out $200 million in a historic purchase.

Sources close to the couple tell TMZ, as crazy as it sounds … the brand new Malibu pad will serve as a weekend home — in a sense — at least for the time being. We’re told the Bel-Air home, purchased for $88 million back in 2017 is still “home” … close to the kids’ schools and friends.

Eventually, our sources say, Jay-Z wants to move his family to the Malibu estate full-time … but hasn’t indicated whether that shift would also include selling Bel-Air.


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TMZ broke the story … the couple paid $200 million for the 30,000-square-foot mansion, setting a record in the state of California for the most expensive home ever sold. It sits on 8 acres on the Pacific Ocean in the Paradise Cove area … aka Billionaires’ Row.

What’s also astonishing … our sources say the home’s previous owner and builder, William Bell, one of the biggest art collectors in the world, had a $1 BILLION art collection inside.

Those pieces obviously won’t stay with Jay-Z and Beyoncé … but you gotta wonder if they might’ve been able to work a portrait or two into the final negotiations.

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