Bezos buys Warner Estate in Beverly Hills for record $165 million

Report: Jeff Bezos buys L.A. mansion for $165M and land from Paul Allen estate for $90M

The Wall Street Journal reported Wednesday that the Amazon founder and president has purchased the Warner Estate in Los Angeles for US$165 million.

Architectural Digest described the estate as "the archetypal studio mogul's estate", with its "expansive terraces and gardens, two guesthouses, nursery and three hothouses, tennis court, swimming pool, nine-hole golf course and motor court complete with its own service garage and gas pumps".

The Wall Street Journal said Bezos purchased three NY apartments earlier this year in a deal valued at about $80 million. 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.

The world's richest man bought the 9-acre property from David Geffen, said the person, declining to be identified as the details are private. In the last six months or so, this is the second big real estate deal that Bezos has made. Bezos was seen socializing on the entertainment mogul's mega-yacht last summer, visible in an Instagram post with girlfriend Lauren Sanchez and Goldman Sachs Group Inc.'s former chief, Lloyd Blankfein. There are also two guest houses on the property. Amazon will pay $162 million in tax on $13.3 billion in profit, which equates to 1.2 percent.

Report: Jeff Bezos buys L.A. mansion for $165M and land from Paul Allen estate for $90M
Jeff Bezos sets new LA real estate record with $165M Beverly Hills buy

Amazon CEO Jeff Bezos, right along with American news anchor Lauren Sanchez poses for photographs during a blue carpet event organized by Amazon Prime Video in Mumbai, India on January 16, 2020.

Bezos' record purchase price may not last long. 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.

The real estate empire of Bezos, who has a net worth of $131 billion, includes his Washington DC, mansion where he recently threw a party for state elites including Jared Kushner and Ivanka Trump.



Latest news

United States files superseding indictment against Huawei, CFO Meng
According to the indictment, Huawei entered into confidentiality agreements with U.S. tech firms and then violated those deals. CFO Wanzhou Meng is now in Canada fighting extradition to the USA , with the first stage of her hearing beginning last month.

NASA launches orbiter towards sun, now many secrets will be revealed
Every 11 years, the Sun's poles flip around completely from negative to positive, beginning a new cycle of solar activity. Solar Orbiter will work closely with NASA's Parker Solar Probe , launched by ULA on a Delta IV Heavy rocket in 2018.

Trump warns US Senate to vote Iran resolution down
While Trump is expected to veto the legislation, he warned the Senate Wednesday to vote it down and not limit his policy choices. Senate has advanced a bipartisan measure meant to limit President Donald Trump's ability to take military action against Iran .

Police looking for vehicle where 6-year-old girl vanished
Police also said they have started following up on about 50 of the 80 tips they've received in the past 48 hours. Investigators are also asking that neighbors review their home surveillance and search for any signs of Faye.

NBC Los Angeles: CDC Confirms Second Coronavirus Case in San Diego County
Both that patient and the briefly released evacuee "are doing well and have minimal symptoms", UC San Diego Health said . The newest case is a patient who was placed under federal quarantine after returning from Wuhan, China.

Other news