Jeff Bezos just bought a $165 million Beverly Hills mansion, setting a record for the most expensive home sale in the Los Angeles area. The previous record was set by Lachlan Murdoch, who purchased the iconic Bel-Air Chartwell Estate for $150 million last December.
The Amazon CEO, who’s currently the richest person in the world, bought the Warner Estate from media mogul David Geffen, according to the Wall Street Journal. Built in the 1930s for Jack Warner, the late former president of Warner Bros., the property spans 9 acres. When Geffen bought the property for $47.5 million in 1990, he set the record at that time for a Los Angeles home.
In 1992, Architectural Digest featured the property in a spread, describing the home as a “13,600-square-foot Georgian-style mansion” that Warner gradually created over a decade. Outside, the sprawling Warner Estate has a tennis court, two guest houses, gardens, and a 9-hole golf course. “No studio czar’s residence, before or since, has ever surpassed in size, grandeur, or sheer glamour the Jack Warner Estate on Angelo Drive in Benedict Canyon,” wrote Los Angeles real-estate agent Jeff Hyland in a book quoted by the Wall Street Journal.
Bezos’s venture capital firm Bezos Expeditions also purchased a plot of undeveloped land in Los Angeles for $90 million, the Wall Street Journal reports. The land, which belonged to late Microsoft co-founder Paul Allen, was purchased as an investment property.
With the $255 million purchase of both properties, Bezos continues to expand his extensive real estate portfolio.
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