World-famous musical legends Jay-Z and Beyoncé have equal parts talent and wealth. According to Cosmopolitan, the pair has a combined net worth of US$1.9 billion and leads a luxurious lifestyle. They perform in crowded arenas, vacation on superyachts, and give out chart-topping single after chart-topping single with panache.
Their dream home is one of their numerous achievements (Jay-Z became the first hip-hop billionaire, while Beyoncé is valued at US$500 million, according to Celebrity Net Worth).
Beyoncé and Jay-Z’s Bel Air mansion
It is a fitting residence for music royalty and a testament to what billionaires’ dreams are made of.
Let’s look more closely…
Finding a home took Jay-Z and Beyoncé three years
The 53-year-old record businessman and his 41-year-old American singer wife spent at least three years searching for their ideal home. Call them perfectionists or demanding to impress. According to CNBC, they lived in a series of exorbitantly costly rentals until discovering and settling on their brand-new Bel Air mansion, which cost US$88 million.
Beyoncé and Jay-Z footed a whopping US$800,000 bill for home renovations
According to Love Property, the affluent couple originally resided in a 13,000-square-foot house in New Orleans that was formerly a Presbyterian church and had soaring 10-meter (26-foot) ceilings and big windows.
The next stop was a stunning beachfront villa that was rented in Malibu along the Pacific Coast Highway. Rumi and Sir’s parents gave birth to their twins at this magnificent estate, which boasts 15 bedrooms and 10 baths, and they paid roughly US$400,000 a month for the pleasure, according to the same source.
According to Love Property, the final rental property was a 16,000 square foot mansion on the upscale Holmby Hills estate that cost US$150,000 per month and included seven bedrooms and eight baths. It’s interesting to note that the LA rental sold in 2015, giving the couple just 60 days to find new housing. According to Architectural Digest, they finally decided on the US$88 million (asking price was US$120 million) modern Bel Air property in 2017, the jewel in the crown of their exciting real estate odyssey.
The 30,000 square foot, six-building palace costing US$88 million is now home to Beyoncé, Jay-Z, and their three children. According to the Los Angeles Times, Dean McKillen constructed the modern estate, which has eight bedrooms and eleven baths. The mansion is distinguished more by its remarkable amenities than by its expansive layout and elaborate architecture.
Beyoncé and Jay-Z’s Bel Air mansion costed a whopping US$88 million
There is a home theatre, spa, and 15-car garage. The cinema or media room is an opulent room featuring a big screen, elegant furniture, mood lighting, and even a door that one YouTube video claims is coated in lizard skin. In order to provide round-the-clock services, the elegant property boasts not one, but four pools, a basketball court, and separate staff quarters.
The couple took out a US$52 million mortgage to purchase the US$88 million property
The power couple paid US$88 million for the 0.8-hectare (two-acre) hillside mansion in Bel-Air, but not without assistance. Some people would be surprised to learn that the millionaire celebrities obtained a staggering US$52.8 million mortgage from Goldman Sachs, according to the Los Angeles Times, given their combined net worth of US$1.9 billion. According to the public loan document, the affluent moguls were left with a monthly payment of US$149,600 as a result of the change. The best paid celebs contributed 40% of the $35.2 million buying price in cash.
The home is shielded by windows with bulletproof glass.
In addition to top-notch conveniences, the house has features that distinguish its design. The 10,000 square feet of outdoor space and the sculpted limestone staircases are also magnificent. The final flourish, though? The bulletproof glass windows provide security without obstructing the expansive views of Los Angeles.
Some other Bey-hive highlights
Edward Enninful, editor-in-chief of British Vogue, joined Beyoncé for dinner in her Bel Air home earlier this year and commented that he was amazed by how laid-back it seemed and that it felt impressively minimalist with great art.
Speaking of art, there are several excellent works throughout the home. According to Artspace, Beyoncé appreciates the work of modern Ethiopian-American artists Awol Erizku, Kerry James Marshall, and Kara Walker. Erizku also took Beyoncé’s images for her pregnancy announcement.
Beyoncé and Jay-Z posing with a portrait of Meghan Markle
It is well known that the “Break My Soul” singer and Jay-Z own pieces by David Hammons, Richard Prince, and Laurie Simmons, among other artists. The fashion-forward music queen has shown off parts of her walk-in closet while getting ready for red carpet appearances.
$800,000 worth of renovations
The two Grammy winners didn’t just move in; according to British media, they refurbished their pricey property for more than US$800,000. The Bel Air residence had upgrades totaling US$750,000, including the installation of a US$30,000 backup generator and a living space beneath its four pools. According to Cambridge Pavers, there is one pool on the roof and three others are spread out over different levels in the backyard.