Welcome to Malibu: Beyonce and Jay Z Purchase Record Setting Home on PCH
Around Town, Real Estate

Welcome to Malibu: Beyonce and Jay Z Purchase Record Setting Home on PCH

Mega-celebs Beyonce and Jay Z recently recently set the record for purchasing the most expensive home in California. The $200 million, 40,000 s.f. designed by Tadao Ando, a Japanese master architect, shatters Marc Andreessen’s former record in California, set with his $177 million purchase in 2021, also in Malibu.

The house was built by art collector William Bell Jr. and his wife Maria heir to a soap opera fortune as the son of the creators of The Young and the Restless and The Bold and the Beautiful. The modern mansion utilized more than 7,645 cubic yards of environmentally friendly pervious concrete to create and took over 15 years to complete.

Photo by Florian Holzherr
Photo: Anthony Barcelo
Photo: Anthony Barcelo

The property is located on the 27000 block of Pacific Coast Highway.

Super star realtor Kurt Rappaport of Westside Estate Agency represented both buyer and seller.

 

May 20, 2023

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Editor in Chief, Cece Woods

Editor-in-Chief Cece Woods founded Malibu Daily News in 2021.

Woods began publishing in 2013, creating the lifestyle publication 90265 Magazine. One year later, she launched The Local Malibu, an activism-based platform, in 2014.

The publication was instrumental in the success of two ballot measures, seating three Malibu City Councilmen in 2016, and supporting the top two vote-getters again in 2020.

During the summer of 2018, Woods exposed the law enforcement cover-up in the Malibu Creek State Park Shootings and a few short months later, provided the most comprehensive local news coverage during the Woolsey Fire attracting over 1 million hits across her social media platforms.  

Woods went on to create the LA political platform The Current Report, exposing the corruption at LA Metro under Philip Washington. She worked with Federal investigators, a watchdog organization, and senators, ultimately leading to Washington withdrawing his nomination to become head of the FAA.   

In 2020, Woods added Cali Mag to her extensive list of successful publications.