Billionaire couple Beyoncé and Jay-Z have returned to the financial market with a new $57.75 million mortgage for their stunning mansion in Bel-Air, Los Angeles.
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The property was originally purchased in 2017 for $88 million and now has a 30-year loan financed through Morgan Stanley’s Private Banking division, according to the New York Post.
The new mortgage, officially recorded in April, carries a fixed 5% interest rate for the first 10 years. When they first bought the property, the couple took out a $52.8 million loan, which was later refinanced by Goldman Sachs, keeping the original amount of debt.
Details of Beyoncé and Jay-Z’s Bel-Air Mansion
Designed by renowned architect Paul McClean, the mansion spans 19,000 square feet across six modern structures. Highlights of the luxury residence include:
- 8 bedrooms and 11 bathrooms
- 4 outdoor pools
- Spacious patios and terraces
- Media room and garage for up to 15 vehicles
- Bulletproof windows and private quarters for security staff
The property replaced a previous structure sold for $15 million in 2013, which was completely demolished to make way for the current high-end residence.
Million-Dollar Maintenance and Tax Costs
In addition to the financing, the couple faces significant annual maintenance costs. Property taxes alone are estimated at around $1.2 million per year, or approximately $100,343 per month. With the new loan, Beyoncé and Jay-Z now pay an estimated $637,244 monthly to maintain the Bel-Air estate. The total mortgage value now stands at $111 million.
Expanding Their Real Estate Portfolio with a $190 Million Mansion in Malibu
In 2024, the couple expanded their real estate empire by purchasing a beachfront residence in Malibu worth $190 million. Located along the exclusive Pacific Coast Highway in Paradise Cove, the new home spans 5.9 acres and features seven luxurious bedrooms.
The transaction was one of the most expensive real estate deals in California history. Before the sale to Beyoncé and Jay-Z, the estate had an initial listing price of $295 million. Back in 2003, it was bought for only $14.5 million, showing the extraordinary appreciation of the area.
Other Million-Dollar Properties Owned by Beyoncé and Jay-Z
In addition to their California properties, the couple also owns a luxury apartment in Tribeca, Manhattan, purchased for $6.8 million in 2004. The unit spans over 8,200 square feet, features a 2,900-square-foot private terrace, and is located in a historic building with only 27 residences. It was also the setting of their private wedding ceremony in 2008.
Beyoncé Breaks Records with the Cowboy Carter Tour
Outside the real estate world, Beyoncé continues to make history with her music career. In 2024, she completed the acclaimed *Cowboy Carter and the Rodeo Chitlin’ Circuit* tour, inspired by country music. The tour broke records and became the highest-grossing in country music history, earning $407.6 million across just 32 shows and selling over 1.6 million tickets.
The performances included stops in cities like Los Angeles, New York, Houston, Atlanta, and Washington D.C., as well as international dates in London and Paris. As a result, Cowboy Carter became the shortest tour to ever surpass $400 million in revenue.
A Billion-Dollar Empire
With a combined net worth of $3.28 billion according to Forbes, Beyoncé and Jay-Z continue to grow their artistic and financial empire. Together, they have sold over 340 million records — 200 million by Beyoncé and 140 million by Jay-Z — and are parents to three children: Blue Ivy, 13, and twins Sir and Rumi, 8.
Source: The Richest. This content was created with the help of AI and reviewed by the editorial team.
