Jay-Z and Beyonce drop $200 million on Malibu mansion, setting a record in California

Jay-Z and Beyoncé just shattered California's price record, paying $200 million for a striking concrete compound overlooking the ocean in Malibu, according to TMZ.It's the most ever paid for a home in the Golden State - by a mile.The hip-hop power couple stole the record from their new neighbor, billionaire venture capitalist Marc Andreessen, who paid $177 million for the home right next door in 2021.

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