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Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

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Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

According to a new report, superstar couple Jay-Z and Beyoncé purchased their enormous new Malibu, California, mansion entirely in cash.

(Photos): Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

The power couple paid $200 million in cash for the estate, making it officially the most expensive home ever purchased in the state of California, as reported by TMZ on Monday, May 22.

The deals is likewise supposed to be the second most costly throughout the entire existence of US land, as a New York City loft recently sold for $238 million.

(Photos): Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

The report says that the Carters bought the all-concrete house from William Bell, one of the world's biggest art collectors who built it over nearly 15 years.

The 30,000-square-foot property was planned by Japanese expert designer Tadao Ando, who was additionally behind the $57.3 million chateau that Kanye West procured during his separation from Kim Kardashian.

(Photos): Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

The compound was initially recorded at $295 million, however the Carter's gotten it from arranged cost of $200m

Beyoncé has a total assets of $450 million, as indicated by Forbes, while Jay-Z has $2.5 billion to his name.

(Photos): Jay-Z and Beyoncé paid cash for their dazzling new $200 million Malibu home, new report claims

They wed in 2008, and they have three children together: Rumi and Sir, twins, Blue Ivy, 11;
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