Billionaire Bezos buys estate for $165 million

Amazon CEO Jeff Bezos with the home

Billionaire Amazon chief Jeff Bezos has purchased a Los Angeles-area estate for $165 million, setting a new record for the region, The Wall Street Journal reported on Wednesday.

In doing so, the Amazon founder has broken a previous record of purchasing a residential home set in 2019 when media executive Lachlan Murdoch, son of Rupert Murdoch, paid KSh 15 billion for the Bel-Air estate.

According to Architectural Digest, the Beverly Hills house is spread in 13,600-square feet, which has expansive terraces and gardens, two guesthouses, nursery and three hothouses, tennis court, swimming pool, nine-hole golf course and motor court. The sale price is believed to be the highest in a Los Angeles-area residential real estate transaction, surpassing the previous record of $150 million reportedly spent by media executive Lachlan Murdoch past year to buy the Chartwell estate in Bel-Air.

Geffen paid $47.5 million when he bought the property in 1990, the Journal reported.

"No studio czar's residence, before or since, has ever surpassed in size, grandeur, or sheer glamour than the Jack Warner Estate on Angelo Drive in Benedict Canyon", Hyland wrote.

Amazon CEO Jeff Bezos and his partner Lauren Sánchez stands for photographs in front of the Taj Mahal in Agra, India, Tuesday, Jan. 21, 2020.

Suspected letter bombs explode in the Netherlands
Previous targets have included a hotel, a gas station, a garage, a real estate agent and a bill collection service. Police disarmed a letter bomb at an office of US information technology firm Unisys near Utrecht.

The newspaper also reports that Bezos Expeditions, the executive's venture capital firm, doled out $90 million for undeveloped Los Angeles land from the estate of Paul Allen, the Microsoft co-founder who passed away in October 2018.

It was recently reported that Jeff Bezos was shopping for homes in Los Angeles and money wasn't an issue.

Bezos also owns The Washington Post newspaper.

Bezos has been in the news already this year for a variety of professional and personal challenges.

Bezos' record purchase price may not last long. Jeff Bezos' net worth fluctuates but it's in the range of $131.9 BILLION. 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.

Related News:



Most liked

Russian Satellites Stalking US Satellite - Space Force Chief
On January 14, 2020, General John "Jay" Raymond was officially sworn in as head of the Space Force , the sixth branch of the U.S. The NRO is an agency within the Department of Defense and one of the five major US intelligence agencies.

Chelsea fans react as Sancho looks set to leave Dortmund
The Daily Mirror is reporting that Manchester United are ready to enter the race to sign Sancho at the end of the season. Sancho, who turns 20 next month, has become a full England global since joining Dortmund from Manchester City in 2017.

Pence: "We'll see" if UK's Huawei decision threatens trade deal
The French government has confirmed that it'll make an objective decision in picking the right company for a 5G deal. The equipment has been deployed at the periphery, separated from the "core" where data is processed.

United States announces 15th virus case, this one in Texas evacuee
The Southern Nevada Health District confirmed this on Wednesday and said it is looking into the possible 'performance issues. The Maine CDC in a Monday press release said it was "made aware of the individual through protocols established by the U.S.

Turkey Deploys Special Forces to Syria's Idlib
Idlib has been a stronghold of the opposition and anti-government armed groups since the outbreak of the Syrian civil war in 2011.

Azhar Ali credits bowlers for Rawalpindi Test victory
Bangladesh and West Indies are the only two teams who are yet to get among the points in the World Test Championship. Hello and welcome to the live blog of the fourth day of the first Test between Pakistan and Bangladesh .

Trevor Noah, Stephen Colbert Try To Find The Funny In Roger Stone
As a result, all four prosecutors on the case resigned and Attorney General William Barr assumed direct control over Stone's case. Now, Stone has been recommended for a prison sentence of 7-9 years by prosecutors in the case.

United Nations publishes list of companies with ties to Israeli settlements
About 600,000 Jews live in about 140 settlements built since Israel's occupation of the West Bank and East Jerusalem in 1967. The Palestinians said the report was a "victory for worldwide law", but Israel called it "shameful".

Donald Trump 'approves conditional peace deal with Taliban'
USA officials trying to broker a peace agreement with the Taliban have put a "reduction in violence proposal" on the table, U.S. The Taliban source in Pakistan said the group has agreed to the proposal.

CDC confirms ME resident being tested for coronavirus
So far, airport screening has processed more than 30,000 travelers from China who have passed through 11 airports. The other confirmed cases in the United States are in California , Arizona, Washington state, Illinois , and MA .

Fans lose themselves over Eminem's surprise Oscars performance
The performance took everyone by surprise and a lot of praises were heaped on the musician for an extraordinary performance. If you were scratching your head as to why Eminemperformed " Lose Yourself " at the 2020 Oscars , you're not alone.

Coronavirus 'super spreader' released from London hospital
Steve Walsh , who remains in an isolation unit in hospital, says his thoughts are with others who have contracted the virus . The Scouting Association confirmed to Yahoo UK Mr Walsh has not been to any scout meetings since his return to the UK.

Facebook, Twitter refuse to take down edited Pelosi video
Never-short of a nickname, Trump took jabs at House Speaker Nancy Pelosi (D-California), whom he called "Mumbling Nancy". Trump's imitated Pelosi's response to his State of the Union Address that he made to Congress last week.

Narayan Murthy's son-in-law Rishi Sunak appointed UK's finance minister
It is now understood No 10 and No 11 will have a new joint team of advisers, signalling the PM will have more control. Javid's departure follows months of tension between the Chancellor and Johnson's special adviser, Dominic Cummings.

Apex Legends Valentine's Day Rendezvous Event Starts Tomorrow
Be sure to keep your eye out for Valentine's Day Rendezvous goodies in the shops during the limited time event this week. This Valentine's event is just a small addition, it's expected that the larger event will be another Town Takeover.