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Billionaires Jay-Z and Beyoncé raise eyebrows as they make a curious move on their $88M Bel Air mansion

BBG News

According to DailyMail.com, the joint estimated net worth of Jay-Z and Beyoncé is approximately $3 billion; however, they’ve recently taken out a mortgage of $57.75 million on their cherished Bel Air mansion. As a result, their overall debt on this property now amounts to an impressive $110 million.

Due to their vast fortune and ownership of at least four high-end residences, the famous duo’s recent 30-year mortgage from Morgan Stanley Private Bank has sparked curiosity.

In 2017, they acquired the Bel Air mansion for a whopping $88 million and chose to retain it. Later, in 2023, when they purchased California’s most expensive property in Malibu for a staggering $200 million in cold hard cash, they decided to hold onto that one as well.

They continued to hold onto the Bel-Air house, considering it as their ‘residence’, largely because of its close proximity to the school where their children – Blue Ivy (age 13), and the twins Rumi and Sir (age 8) – attend classes.

However, both the 43-year-old from Houston and the 55-year-old from Brooklyn have chosen to keep their house, which now comes with a new 30-year mortgage having an initial interest rate of five percent for the first ten years. This equates to a monthly payment of $310,000 over this period.

Alongside this, they also obtained a 30-year mortgage worth $52.8 million from Goldman Sachs four years ago, with an interest rate of 3.15%. This means their monthly repayments amount to approximately $226,901.

They might be utilizing their latest mortgage loan for investments aimed at compensating the 5% interest they owe, however, this still signifies a staggeringly high debt of approximately $110.55 million.

But that’s not all the expenses on the Bel Air homestead. 

An important factor to consider in addition to mortgage payments is property tax on the Bel Air estate, amounting to $1,204,120 from 2024 to 2025, which equates to approximately $100,343 per month.

Without accounting for employee costs and upkeep, the couple is already spending $637,244 per month solely on mortgage payments and property taxes.

This grand property boasts eight bedrooms, eleven bathrooms, four beautiful outdoor pools, a spa, fitness center, movie theater, numerous outdoor lounging spaces, a large 15-car garage, a full-size basketball court, and living quarters for the staff.

Located atop a two-acre hillside plot, the impressive Bel Air estate was skillfully crafted by developer Dean McKillen and features six harmoniously connected buildings.

The spacious communal areas within the mansion, enclosed by floor-to-ceiling glass walls, provide breathtaking vistas of Los Angeles. Moreover, these areas feature robust, bulletproof glass doors and windows for added security.

In my role as a lifestyle expert, I can share that back in 2016, I secured a substantial loan of $52.8 million to acquire a property. Fast forward to 2021, I chose to refinance the same amount with Goldman Sachs. More recently, in April of this year, I took on an additional loan of approximately $57.75 million.

This disclosure becomes even more striking, given that they shelled out around $200 million for a Malibu property in cold hard cash.

In March 2023, they shelled out an enormous sum to purchase their Malibu residence, breaking all existing California real estate records and setting the highest price ever paid for a U.S. home that year.

The oceanfront mansion stands majestically on a sprawling, eight-acre cliff overlooking the breathtaking Pacific Ocean, nestled within the affluent district of Paradise Cove, affectionately known as Billionaires’ Row.

This expansive 40,000-square-foot dwelling was meticulously crafted by the celebrated Japanese architect, Tadao Ando, known for his work on Kanye West’s previous residence in Malibu. Construction on this project spanned an impressive fifteen years.

Ando is additionally recognized as a laureate of the prestigious Pritzker Prize, renowned for his distinctive concrete architectural works in Asia, Europe, and North America.

This spacious, luxurious mansion, initially priced at $245 million, features not just one but eleven bathrooms. It includes an infinity pool, a private pool, and a vast backyard that showcases another pool, ending with a clifftop offering breathtaking views of the beach.

In 2003, the sleek contemporary residence, once belonging to the well-known art connoisseur, William Bell, was purchased for a reported $14.5 million, as stated by the Los Angeles Times.

For approximately fifteen years, Bell meticulously constructed the brick-and-mortar framework of the house, yet he never formally put it up for sale – instead, he privately showcased it to a limited number of potential buyers. Eventually, this renowned celebrity duo acquired the property, as reported by the publication.

Besides their many accomplishments, it’s worth mentioning that Jay-Z and Beyoncé are proud owners of a stunning $26 million estate in East Hampton. Named the Pond House, this seven-bedroom mansion rests on a spacious two-acre plot with approximately 200 feet of immaculate waterfront.

This home is designed to beautifully showcase both sunrises and sunsets over the water. It boasts traditional Versailles parquet floors, individually crafted heated marble bathtubs, and fireplaces reminiscent of the 18th century, seamlessly combining enduring elegance with contemporary opulence.

In 2004, Jay-Z, himself, bought his luxurious $6.85 million penthouse, which spans over 8,300 square feet, in the Manhattan district of Tribeca – three years after he began a relationship with the former Destiny’s Child singer.

The very spot where they exchanged vows during a modest ceremony back in 2008, is the same place. Notably, this structure has been home to some A-list dwellers like Hailey and Justin Bieber.

In the year 1998, Beyoncé and Jay-Z first crossed paths, and since then, they’ve collected an impressive total of 56 Grammy Awards among them. Additionally, their joint wealth has soared to a staggering $3 billion.

Currently, Beyoncé is performing on her 32-date Cowboy Carter World Tour. This tour has already earned $269.5 million and will conclude in Las Vegas on July 25 and 26. Remarkably, her daughter Blue Ivy is also part of the show, assisting as a backup dancer.

The four-day performance she held in Atlanta, Georgia, concluded on Monday, but encountered an issue after it was revealed that unpublished songs were allegedly stolen from the choreographer’s SUV on July 8.

As a lifestyle expert, I’d like to share an unfortunate event that occurred three days prior to my highly anticipated performance at the Mercedes-Benz Stadium. Around 8 pm, I found myself in an unexpected situation within the parking deck of Krog Street Market.

At this time, the suspect, whose identity has not yet been released, has not been found.

Neither Beyoncé nor Jay Z returned requests for comment on the Bel Air mortgage. 

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2025-07-22 15:19

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