May 24, 2023

Courtesy of WHY; Photo by Florian Holzherr In a colossal real estate move, Jay-Z and Beyoncé have purchased an extravagant vacation home in Malibu for a record-breaking $200 million, as reported by  Dirt . The sale price ranks as the most ever paid for a California home and the second-most paid for a U.S. residence, behind the Ken Griffin-owned penthouse at  220 Central Park South  in Manhattan. The 8-acre Brutalist-style estate, designed by celebrated Japanese architect Tadao Ando in collaboration with L.A-based WHY Architects , flaunts unobstructed ocean and coastline views, direct access to a scenic beach, two outdoor pools, and a 40,000-square-foot mansion. The Carter family's latest acquisition, initially commissioned by soap opera scions Bill and Maria Bell, was completed in 2014, taking 15 years to plan and build. Courtesy of WHY; Photo by Florian Holzherr The original listing had the residence at $295 million, representing an insane 1934.48% increase of the original $14.5 million its previous owners paid at the commissioning in the late-90s, according to the LA Times. The couple has no plans of selling their current LA home valued at $88M. Interested in working on similar commissions? WHY Architecture is currently looking to hire an Architect III on Archinect Jobs .