Jeff Bezos just bought the most expensive house ever sold in Los Angeles, and he's not going to have to worry about mortgage payments: With an estimated net worth of $131 billion, the Amazon founder could have bought the $165 million mansion nearly 800 times over.
Given all those headaches, it's easy to understand the appeal Bezos might see in a 13,600-square-foot mansion that includes its own golf course, tennis court and gas pumps, according to a 2016 feature in Architectural Digest.
The purchase adds to a string of mega-deals for high-end residential properties since the start of 2019. That beats the previous record for priciest residential purchase of $150 million in LA set a year ago for a Bel Air estate known as Chartwell.
Jeff Bezos is the reported buyer of more prime real estate.
Jeff Bezos reported new $165 million home in Beverly Hills
According to a report by Forbes, an American business magazine, the billionaire and his girlfriend Lauren Sanchez had reportedly been touring the priciest mansions in Beverly Hills and Bel Air in quest to expand their extensive real estate empire. The Chartwell property set a new all-time high for the state when it sold for about $150 million late previous year, the Los Angeles Times reported at the time.
Bezos, whose worth has been estimated at more than $110 billion, started internet colossus Amazon and is considered the richest person in the world. The nine-acre estate originally belonged to Jack Warner, the late former president of Warner Bros Studios. This property is just 1.7 miles away from his other purchase, according to Variety. As the total cost of the estate and plot of land comes to $255 million, the property purchase equates to less than two percent of the money Bezos made in minutes.
The combined purchase price of $255 million surpasses the $238 million that hedge fund executive Ken Griffin spent on a Manhattan penthouse.
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.