The new$200 million home of Beyoncé and Jay-Z, designed by renowned architect Tadao Ando, is the most expensive in California and maybe in the whole America. Reportedly, the couple purchased the concrete palace designed by the Japanese architect for a cash payment of 40,000 square feet.
Tadao Ando appears to be the latest darling of the A-list when it comes to architectural design. Beyoncé and Jay-Z are the latest high-profile individuals to fork out an extravagant lot of cash in order to purchase one of the few mansions in the United States that was designed by the architect who won the Pritzker Prize.
The daytime television producer William Bell and his wife Maria commissioned the eight-acre property in Malibu from Ando in 1999, and the pair has recently paid $200 million for it.
The home has almost 40,000 square feet of living space. After establishing the architect's concept 15 years later, the Bells utilized it as both a residence and gallery for their renowned art collection, the highlight of which was their collection of works by Jeff Koons.
The acquisition of the historic mansion by Beyoncé and Jay-Z is the most expensive transaction ever recorded in the history of residential real estate in the state of California.
It is also the second-most expensive home price in the history of the United States; Citadel founder Kenneth Griffin's penthouse on New York's Billionaires' Row sold for $238 million in 2019.
However, to be pedantic for a moment, it is an apartment, not a house. This residence is a mansion. Even on the purchase of their new home with a view of the Pacific Ocean, Beyoncé and Jay-Z were able to negotiate a price reduction of $95 million below the asking price.
Beyoncé and Jay-Z, two of the most influential figures in the music industry, have achieved tremendous success throughout their careers, amassing significant wealth along the way. While it is challenging to provide an exact figure for their combined net worth, various sources estimate their wealth to be in the billions of dollars.
Ando, who was born in 1941 in Osaka, switched from boxing to architecture after seeing Frank Lloyd Wright's Imperial Hotel in Japan. Ando recently envisioned the minimalist exhibition design for "Karl Lagerfeld: A Line of Beauty," and continues to inspire the likes of Daniel Tyree Gaitor-Lomack and Charlotte Taylor.
He is known for his ability to transmute concrete from industrial to poetic, as well as his "haiku" effect by engaging negative space as an architectural element. He earned the Pritzker Prize in 1995, obtained his first American contract from Tom Ford, and even created the Modern Art Museum of Fort Worth and the entry to MoMA's sculpture garden.
If anybody wants to outbid Beyoncé and Jay-Z's purchase, they'll have to fight on more than just money.
The all-concrete home is centered on broad windows that blend artificial and natural light—all the better to take in those multimillion-dollar views while maintaining the home's distinctive Ando buoyancy. The outside space is punctuated by azure pools (plural), with access to a private beach.
Given that the Knowles-Carter pair gained their money in part because to Jay-Z's investments in blue-chip painters such as Warhol and Basquiat, the home provides plenty of space for their own collection to shine.