Jeff Bezos Spent $165 Million On David Geffen’s Beverly Estate
Jeff Bezos Just Purchased A Multi-Million Dollar Estate In Beverly Hills, California Breaking All Records
- Amazon CEO Jeff Bezos reportedly bought $165 million Warner Estate in Beverly Hills, California from David Geffen
- According to The Verge, the world’s richest person bought the most expensive property in Los Angeles with around an eighth of a percent of his net worth
- Bezos became the new King of Hollywood real estate after surpassing a record for a property sale in California of $150 million last year
Making the record for the most expensive home sold in California, Amazon founder Jeff Bezos bought a property in Beverly Hills for $165 million.
He grabbed the property on 12 February 2020 from the media tycoon David Geffen. The 9 acres property was one of the most coveted estates which was originally built for Jack Warner, executive of Warner Bros.
Previously, a verified source, the New York Post reported that Bezos and his now-girlfriend Lauren Sanchez were searching for a house in Los Angeles and were touring mansions.
As per Page Six, Bezos has been searching for the home from 2019.
The 13 thousand square feet mansion boasts two guesthouses, a swimming pool, a tennis court, and a nine-hole golf course. A site described the 1930s designed home as a party palace.
According to Architectural Digest, it includes a motor court that has a garage and indoor gas pumps.
The previous owner, David Geffen, purchased the villa in 1990 for $47.5 million.
A site, The Verge calculated, $165 million is an eighth of a percent of Bezos’ $131 billion net worth. For context, if you make $60,000 a year, that’s like spending $75 on the house.
Reported by the Wall Street Journal, the purchase amount of $165 million is the history-making real estate transaction in the City Of Angels made by the ex-husband of charitable MacKenzie Bezos.
The aforementioned title was prior held by $150 million purchase of the Bel-Air Chartwell estate, aka “The Beverly Hillbillies.”