Billionaire Bezos buys estate for $165 mn

  • Billionaire Bezos buys estate for $165 mn

Billionaire Bezos buys estate for $165 mn

Amazon CEO Jeff Bezos reportedly purchased a Beverly Hills mansion for $US165 million, setting the record for the most expensive home sold in California. Jeff Bezos' net worth fluctuates but it's in the range of $131.9 BILLION. The new house reportedly belonged to music mogul David Geffen.

In doing so, the Amazon founder has broken a previous record of purchasing a residential home set in 2019 when media executive Lachlan Murdoch, son of Rupert Murdoch, paid KSh 15 billion for the Bel-Air estate. And Bezos' real estate empire doesn't end there.

On 9 acres in Beverly Hills, the Warner Estate was designed in the 1930s for Jack Warner, the late former president of entertainment giant Warner Bros. The Hollywood mogul ended up expanding the estate with several neighboring properties, Architectural Digest reported.

At the time, the home was 13,600 square feet. As the total cost of the estate and plot of land comes to $255 million, the property purchase equates to less than two percent of the money Bezos made in minutes. Citadel founder Ken Griffin plunked down record $238 million for a NY penthouse at 220 Central Park South. Lachlan Murdoch, the son of media mogul Rupert Murdoch, paid a then-California record of about $150 million for a Bel-Air estate that had been featured about a half century ago on "The Beverly Hillbillies" TV show.

Allen purchased the 120-acre estate in 1997 for $20 million and spent millions more renovating it, Variety added. It includes a one-mile long driveway and two gated entrances, among other features.

As The Post reported earlier this month, Bezos and his girlfriend Lauren Sanchez have been furiously shopping for homes with nine-digit price tags in the Beverly Hills and Bel Air neighborhoods in recent weeks.

Bezos has been in the news already this year for a variety of professional and personal challenges. The others include the record US$238 million Citadel founder Ken Griffin plunked down in January 2019 for a NY penthouse at 220 Central Park South.