Jeff Bezos Just Purchased A Multi-Million Dollar Estate In Beverly Hills, California Breaking All Records
Amazon CEO Jeff Bezos reportedly bought $165 million Warner Estate in Beverly Hills, California from David Geffen
According to The Verge, the world's richest person bought the most expensive property in Los Angeles with around an eighth of a percent of his net worth
Bezos became the new King of Hollywood real estate after surpassing a record for a property sale in California of $150 million last year
Making the record for the most expensive home sold in California, Amazon founder Jeff Bezos bought a property in Beverly Hills for $165 million.
He grabbed the property on 12 February 2020 from the media tycoon David Geffen. The 9 acres property was one of the most coveted estates which was originally built for Jack Warner, executive of Warner Bros.
Previously, a verified source, the New York Post reported that Bezos and his now-girlfriend Lauren Sanchez were searching for a house in Los Angeles and were touring mansions.
As per Page Six, Bezos has been searching for the home from 2019.
The 13 thousand square feet mansion boasts two guesthouses, a swimming pool, a tennis court, and a nine-hole golf course. A site described the 1930s designed home as a party palace.
According to Architectural Digest, it includes a motor court that has a garage and indoor gas pumps.
The previous owner, David Geffen, purchased the villa in 1990 for $47.5 million.
A site, The Verge calculated, $165 million is an eighth of a percent of Bezos' $131 billion net worth. For context, if you make $60,000 a year, that's like spending $75 on the house.
Reported by the Wall Street Journal, the purchase amount of $165 million is the history-making real estate transaction in the City Of Angels made by the ex-husband of charitable MacKenzie Bezos.
The aforementioned title was prior held by $150 million purchase of the Bel-Air Chartwell estate, aka "The Beverly Hillbillies."