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Jeff Bezos Spent Massive $165 Million On David Geffen's Beverly Hills Estate

Published Thu Feb 13 2020 By Bean
Jeff Bezos Spent Massive $165 Million On David Geffen's Beverly Hills Estate

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.  

Jeff Bezos bought $165 million Warner Estate in Beverly Hills, California from David GeffenImage Source: Variety
Jeff Bezos bought $165 million Warner Estate in Beverly Hills, California from David Geffen

Image Source: Variety

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

Record-Setting Purchase   

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

Jeff Bezos’ Record-Breaking Los Angeles HomesImage Source: Dirt
Jeff Bezos’ Record-Breaking Los Angeles Homes

Image Source: Dirt

The aforementioned title was prior held by $150 million purchase of the Bel-Air Chartwell estate, aka "The Beverly Hillbillies."