After years of renting and living bicoastal, it appears the couple are settling on the West Coast for good.
Looks like Beyoncé and Jay Z have completely committed to living in Los Angeles.
As reported by Page Six, the super couple have placed a $120 million bid on a Bel Air mansion that boasts four pools, eight bedrooms, bullet proof windows and “sweeping views” of Los Angeles.
The mansion, which is being sold off-market for an asking price of $135 million, has just been completely remodeled from the ground up, and also boasts 11 bathrooms, a media room, space for a recording studio, a garage that can fit 15 cars, separate staff quarters and a big spa with a hot tub, sauna and steam room.
While the couple have spent more and more time on the West Coast over the years —with Blue Ivy attending private school there— they were always renting homes. At one point, they were paying $200k a month for a Holmby Hills mansion, according to ELLE Decor.
While there’s no word on the couple’s interest in other homes in LA, they are expecting twins soon. So we have a feeling this deal needs to close soon.
Coinage: Life, well spent. Presented by "Geico". With a combined net worth of $1 billion, Jay-Z and Beyonce are one the world's top "power couples". According to Forbes, "Queen B" and Jay-Z were the highest-paid couple of 2016, raking in just over $107 million. "HOV" has been growing from being hustling in Brooklyn To a bona fide business mogul. He had just some of the many hats worn by the man who once famously rapped, I'm not a business man, I'm a business man. Jay Z bought music streaming service Tidal for $56 million in 2015, and recently entered a deal with Sprint, now making Tidal worth $600 million. His company, Rock Nation, not only boasts some of the hottest names in music on its roster, like Rihanna, Santigold, Shakira and more, but has expanded into the sports arena, representing talent like Miguel Cotto, Victor Cruz, and Kevin Durant. [UNKNOWN] latest business venture, Arrive, aims to help startup businesses. The focus of the company is to nurture promising new companies. And we can't forget "Queen B". Beyonce is a global brand. She might actually just be a "black Bill Gates" in the making. The "Queen of Pop" is not only widely successful as an entertainer but also a business woman Her company, Parkwood Entertainment, is a media and entertainment powerhouse. The company manages music artists, has produced motion pictures, television specials, and more. Beyonce also has a stake and title. Her athletic leisure clothing line, Ivy Park, can be found in TopShop, Nordstrom, Nordstrom and Net-A-Porter. The collection sports everything from $30 baseball caps to $200 jackets. The feminist is also an investor in watermelon water. A start up that makes cold pressed watermelon water with a drop of lemon. The company led by Female innovators is backed by providing women living in poverty with micro loans. The star studded couple definitely keep busy outside of their lucrative music careers, which is why they are not only musical royalty, but business bosses. Coinage. Life, well spent. Presented by GEICO.