The couple reportedly paid cash for the 40,000-square-foot concrete mansion by the Japanese architect.
Left: Beyoncé and Jay-Z just bought this Tadao Ando-designed concrete mansion in Malibu. Photo via Google Earth. Right: Beyoncé and Jay-Z attend a Roc Nation brunch on January 25, 2020 in Los Angeles. (Photo: Kevin Mazur/Getty Images for Roc Nation)
Tadao Ando seems to be the A-list’s new architectural darling. Beyoncé and Jay-Z are the latest to shell out an exorbitant sum of straight cash for one of the Pritzker Prize-winning architect’s few residences in the United States.
The couple just paid $200 million for a nearly 40,000-square-foot, eight-acre property in Malibu that daytime television producer William Bell and his wife Maria commissioned from Ando in 1999. After building the architect’s vision 15 years later, the Bells used it as both a home and gallery for their famed art collection, most notably their collection of Jeff Koons.
Beyoncé and Jay-Z’s purchase of the monumental home marks the most expensive residential real-estate deal in California history. It is also the second-most expensive home price in U.S. history; Citadel founder Kenneth Griffin’s penthouse on New York’s Billionaires’ Row went for $238 million in 2019—although, to split hairs, that is an apartment, not a house. Beyoncé and Jay-Z even got a deal on their new digs overlooking the Pacific Ocean, paying $95 million under the original ask.
Beyoncé and Jay Z recently purchased the most expensive home ever in the state of California for $200M.
According to tmz the home is designed by Tadao Ando located in the prime area of Malibu. pic.twitter.com/h1rFlQLFCf
— WhatsOnRap (@whatsonrap) May 19, 2023
Born in 1941 in Osaka, Ando left a boxing career for architecture after encountering Frank Lloyd Wright’s Imperial Hotel in Japan.
Known for his ability to transmute concrete from industrial to poetic and his “haiku” effect by engaging negative space as an architectural element, Ando recently envisioned the minimalist exhibition design for “Karl Lagerfeld: A Line of Beauty,” and continues to inspire the likes of Daniel Tyree Gaitor-Lomack and Charlotte Taylor.
He won the Pritzker in 1995, received his first American commission from Tom Ford, and even designed the Modern Art Museum of Forth Worth, as well as the entrance to the sculpture garden at MoMA.
If anyone wants to outdo Beyoncé and Jay-Z’s buy, though, they’ll have to compete with more than price alone. The all-concrete home centers on sweeping windows harmonizing artificial and natural light—all the better to drink in those multimillion-dollar views, while still lending the home’s sleek lines that signature Ando buoyancy. Azure pools (plural) punctuate the outdoor space, with access to a private beach.
Given that the Knowles-Carter couple amassed their fortune in no small part through Jay-Z’s investment in blue-chip artists like Warhol and Basquiat, the property offers ample room to let their own collection shine.
Malibu has its latest set of superstar residents after Beyoncé and Jay-Z spent $200 million on a massive mansion just steps from the Pacific ocean.
The colossal concrete compound sits on 8 acres of pristine land off the Southern California coast and has its own private beach, swimming pool, and a water feature in addition to the 40,000 square foot residence.
The concrete compound features an infinity pool just steps from the Pacific ocean. Anthony Barcelo
The modern mansion utilized more than 7,645 cubic yards of environmentally friendly pervious concrete to create. Pacific Pervious Concrete
Commissioned by soap opera legends William and Maria Bell in 1999, the structure was designed by the Japanese architect Tadao Ando. The Bell House, as it is known by the contractors who constructed it, took 15 years to build.
A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million. Anthony Barcelo
Ando is currently designing a home with Kanye West, The Daily Mail reported, though the project has stalled and fallen into disrepair.
The angular structure has wide swaths of negative space and features floor-to-ceiling windows. Pacific Pervious Concrete
The purchase of the mansion makes the Carter family the owners of the most expensive home ever sold in the state of California (handily overtaking the previous record of $177 million) and the second-most expensive real estate deal in the country, TMZ reported.
Caption: The mansion was commissioned in 1999 and took 15 years to complete. Courtesy of WHY; Photo by Florian Holzherr
The most expensive home is a $238 million Central Park penthouse owned by Billionaire hedge-fund manager Ken Griffin.
The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando. Anthony Barcelo
Kurt Rappaport, the celebrity real estate agent who represented the Carters as well as the Bells in the sale, did not immediately respond to Insider’s request for comment.
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