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Jay Z And Beyonce Have Purchased A Casual 88 Million Dollar Home Complete With 4 Pools

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LA Times - Jay-Z and Beyoncé may be worth more than a billion dollars combined, but the couple ultimately used conventional financing in order to purchase their first Los Angeles-area home.

The rapper/hip-hop magnate and his superstar wife, through blind trusts, paid $88 million for the sprawling contemporary estate, public records now show. Also revealed in the records is that the couple is carrying a mortgage amount of $52.8 million.

So what does a $250,000-a-month mortgage buy in L.A.?

For Jay-Z and Beyoncé, its a monolithic-vibe modern mansion with approximately 30,000 square feet of living space, four outdoor swimming pools and a spa and wellness center.

Developed by Dean McKillen, the son of Irish billionaire and property investor Paddy McKillen, the residence sits behind gates on about two acres and comprises six structures. Amenities include spa and wellness facilities, a media room and separate staff quarter. There’s also a full-sized basketball court.

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Celebrities, they’re just like us! Think Jay-Z and Beyonce are all that and a bag of chips? Think again. They have a mortgage on their house just like the rest of us schlubs. Sure, is that mortgage the fine price of $52.8 million? Yes, yes it is.

So hey, even if your house looks like this

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or this

you’re still grinding it out to pay that mortgage.

My question though is, how much of your 30,000 square foot home do you actually see? Do you use all 4 swimming pools? Do you keep the candy room fully stocked like it’s Willy Wonka’s chocolate factory? That’s right, a candy room.

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Imagine Jay-Z dancing around tossing candy, great visual.

Have to assume the home is so big you end up sleeping in your actual bedroom maybe twice a week. You fall asleep in the theater room or one of the other 37 bedrooms. Their kids are going to get lost in there like it’s a DZ Discovery Zone. Jay-Z and Beyonce could both live there and not bump into each other for weeks at a time. Probably by design, to be honest.

So congrats to the happy couple on their quaint new home. Do I have to get them something for a housewarming gift? Think they need a toaster?

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