Beyoncé & JAY-Z Keeping $88M Bel-Air House Despite Buying Malibu’s Most Expensive Home

Beyoncé and JAY-Z will reportedly not be selling their $88 million Bel-Air home.

BYCole Blake
Beyoncé & JAY-Z Keeping $88M Bel-Air House Despite Buying Malibu’s Most Expensive Home

Beyoncé and JAY-Z are reportedly keeping their $88 million house in Bel-Air, despite having just purchased the most expensive home in all of Malibu. TMZ reported last week that the couple dropped $200 million on the mega-mansion. At that fee, it ranks as the second most expensive real estate deal in the country behind a $238 million bid for an NYC apartment. The couple's new property was reportedly listed for $295 million. Celebrity realtor Kurt Rappaport represented both parties to bring the deal together.

The outlet described the property as one of "the greatest architectural masterpieces in the country." It overlooks the Pacific Ocean and is located in the exclusive Paradise Cove area and was designed by famed Japanese architect, Tadao Ando. At 40,000 square feet, it also doubles as an art museum. Art collectors Bill and Maria Bell originally commissioned the property.

Read More: Most Expensive Rapper Homes: Jay-Z & Beyonce, Drake & More

Beyoncé & JAY-Z

JOHANNESBURG, SOUTH AFRICA - DECEMBER 02: Beyonce and Jay-Z perform during the Global Citizen Festival: Mandela 100 at FNB Stadium on December 2, 2018 in Johannesburg, South Africa. (Photo by Kevin Mazur/Getty Images for Global Citizen Festival: Mandela 100)

Back in 2022, JAY-Z's frequent collaborator, Kanye West, purchased a home in Malibu for a whopping $57 million. Tadao Ando also designed his beachfront property. Other rappers to drop small fortunes on homes in the area include Dr. Dre, who bought a $40 Million home in Brentwood, California, Diddy, who purchased a $40 Million property in Holmby Hills, California, and more.

Beyoncé's purchase of the Malibu property comes as she embarks on The Renaissance World Tour. For the effort, she'll be making a total of 57 stops across England, Spain, France, Germany, and more. The shows kicked off on May 10 at Friends Arena, in Stockholm, Sweden. She'll begin her run of shows in the United States on July 12 with a performance at Lincoln Financial Field in Philadelphia. DaniLeigh recently revealed that she worked with Beyoncé on the choreography for the concerts. Additionally, Natalia Bryant worked as an intern for Beyoncé ahead of the tour. It marks her first solo tour since the Formation World Tour in 2016.

Read More: Beyoncé Reveals Natalia Bryant’s Role On The “Renaissance” Tour


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About The Author
Cole Blake is currently an Editor at HotNewHipHop based out of Brooklyn, New York. He began working at the site as an intern back in 2018 while studying journalism at St. John’s University. In the time since, he’s graduated with a bachelor's degree and written extensively about a wide range of topics including pop culture, film & television, politics, video games, sports, and much more. He’s also covered music festivals such as Gov. Ball and Rolling Loud. You can find him publishing work for HNHH from Monday to Wednesday or on weekends. On the sports front, Cole’s a passionate NBA and NFL fan with his favorite teams being the Indianapolis Colts and Los Angeles Lakers. He also roots for the Yankees whenever he finds himself at Yankee Stadium or the Red Storm when in the company of other SJU alumni. His favorite hip-hop artists are billy woods, Earl Sweatshirt, Cam’ron, MIKE, and Mach-Hommy.