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.


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