Legendary musicians Jay-Z and Beyoncé are equally talented and wealthy. The couple, who live a lavish lifestyle, are reported to have a combined net worth of US$1.9 billion by Cosmopolitan. They dish out chart-topping single after chart-topping song with style while performing in large arenas, taking vacations on superyachts.
One of their many accomplishments is owning their dream home (Jay-Z became the first hip-hop millionaire, while Beyoncé is estimated to be worth US$500 million by 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 executive and his 41-year-old American singer wife looked for their dream home for at least three years. Call them perfectionists or those who need to be impressed. According to CNBC, they lived in a series of exorbitantly priced apartments until settling on their brand-new Bel Air estate, which cost US$88 million.
Beyoncé and Jay-Z footed a whopping US$800,000 bill for home renovations
The wealthy couple, according to Love Property, lived in a 13,000 square foot home in New Orleans that was formerly a Presbyterian church and featured soaring 10-meter (26-foot) ceilings and large windows.
The following stop was a magnificent beachside villa along the Pacific Coast Highway in Malibu. The same source claims that Rumi and Sir’s parents paid almost US$400,000 a month to have their twins born in this spectacular estate, which has 15 bedrooms and 10 bathrooms.
The final rental home, according to Love Property, was a 16,000 square foot mansion on the exclusive Holmby Hills estate that went for US$150,000 per month and included eight bathrooms and seven bedrooms. It’s interesting to note that the couple had just 60 days to find new housing after the LA rental was sold in 2015. The crowning achievement of their thrilling real estate voyage, according to Architectural Digest, was their decision to purchase the US$88 million (asking price was US$120 million) contemporary Bel Air mansion in 2017.
Beyoncé, Jay-Z, and their three children now live in the 30,000 square foot, six-building castle that cost US$88 million. Dean McKillen built the modern estate, which has eight bedrooms and eleven baths, according to the Los Angeles Times. The mansion’s extraordinary amenities stand out more than its wide layout and ornate architecture.
Beyoncé and Jay-Z’s Bel Air mansion costed a whopping US$88 million
There has a 15-car garage, spa, and home theater. The theater, also known as the media room, is a luxurious space with a large screen, fine furniture, mood lighting, and even a door that appears in one YouTube video to be covered in lizard skin. The opulent home features four pools, a basketball court, and separate staff quarters in order to offer 24-hour services.
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 estate in Bel-Air, but they were not without help. Given their combined net worth of US$1.9 billion, some may be startled to find that the billionaire celebrities secured an astounding US$52.8 million mortgage from Goldman Sachs, according to the Los Angeles Times. According to the public loan document, the modification resulted in a monthly payment of US$149,600 for the wealthy moguls. The highest-paid celebrities paid 40% of the $35.2 million purchase price in cash.
The home is shielded by windows with bulletproof glass.
The house offers elements that set its design apart in addition to first-rate comforts. The sculpted limestone staircases and the 10,000 square feet of outdoor area are also beautiful. But what about the last flourish? Security is provided by the windows’ bulletproof glass, which does not hinder the panoramic views of Los Angeles.
Some other Bey-hive highlights
The editor-in-chief of British Vogue, Edward Enninful, joined Beyoncé for dinner in her Bel Air home earlier this year and commented on how laid-back it seemed and how incredibly minimalist it seemed with great art.
Speaking about art, there are several outstanding pieces throughout the house. Beyoncé admires the work of contemporary Ethiopian-American artists Awol Erizku, Kerry James Marshall, and Kara Walker, according to Artspace. Erizku also photographed Beyoncé 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 reportedly spent more than $800,000 renovating their luxury apartment before they moved in, according to British media. A US$750,000 worth of improvements were made to the Bel Air home, including the setting up of a US$30,000 backup generator and a living area beneath its four pools. Three pools are dispersed over various levels in the rear, and one is located on the roof, according to Cambridge Pavers.