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Hip Hop’s First Billionaire Jay Z Has a $88 Million Mansion With Wife Beyonce That Overshadows Michael Jordan and LeBron James

Published 09/26/2022, 6:30 AM EDT

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Celebrities and athletes tend to spend their earnings to buy things they wished for while growing up, and at other times they just spend on slightly weird things, all because they simply can. From Lady Gaga’s ghost detector to Beyonce’s diamond-encrusted barbie doll for her daughter, and Paris Hilton’s $300,000 worth dog mansion, the list goes on.

However, Beyonce had also apparently bought a mansion along with her husband Jay Z which might have cost them a fortune. In 2017, rapper Jay-Z and Beyonce bought a mansion worth millions of dollars in a residential neighborhood in Los Angeles. The couple, who have a combined net worth of $1.16 billion, reportedly bought the $88 million mansion in Bel Air.

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Beyonce and Jay Z’s LA mansion cost more than the houses of billionaire NBA legends Michael Jordan and LeBron James

The LA property was bought by Dean McKillen, who is the son of an Irish billionaire. The mansion has eight bedrooms, 11 bathrooms, a spa, a garden, and a basketball court. The 30,000 sq-ft colossal house contains six structures and boasts bulletproof glass windows. The property also has staff quarters and a huge garage.

Mirroring Billionaire Father Michael Jordan, Who Gambled $5 Million in One Night, Son Marcus Spent $50K on a Big Vegas Party

The Carters had reportedly taken a mortgage of $52.8 million to buy the Bel Air residence, which would be paid in a 30-year span with an interest rate of 4%.

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Nevertheless, $88 million for a mansion is certainly a huge sum of money. In comparison, even the richest NBA players did not dare to spend such fortunes on a house. The current highest-paid NBA player at the moment is Golden State Warriors point guard Stephen Curry. His estimated earnings from the 2022-23 season are said to be $48.07 million. Additionally, the Warriors player owns a mansion that is worth half the price of the Carters’ mansion.

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Curry owns a three-story house in the Bay Area that is worth $41 million. Similarly, Los Angeles Lakers great LeBron James, who was recently mentioned in Forbes as a billionaire, owns a mansion worth $38 million in Beverly Hills. Whereas, fellow billionaire and former Chicago Bulls legend Michael Jordan owns a $19 million mansion that sits on 56,000 sq. ft. property in Chicago.

What do you think about Jay Z and Beyonce’s mansion? Let us know your thoughts in the comments below.

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Written by:

Siyari Debbarma

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Siyari Debbarma is an NBA writer for EssentiallySports. She is currently pursuing a degree in Civil Engineering from Abascus Institute of Engineering and Management. She previously interned at the Y-East Organization as a content writer.
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Edited by:

Veer Badani