Billionaire Bezos buys estate for $165 million

Jeff Bezos buys $165 million home after mansion-hunting with girlfriend

Bezos' new mansion in Beverly Hills is reportedly the most expensive sold in the Los Angeles area.

Earlier this week, it was reported that Amazon CEO Jeff Bezos sold almost $4.1 billion shares in his company, but the executive is making news yet again with the purchase of media mogul David Geffen's Warner Estate in Beverly Hills.

Bezos, whose net worth was estimated by Forbes at $131 billion this year, owns properties around the world.

Architectural Digest described the estate as "the archetypal studio mogul's estate", with its "expansive terraces and gardens, two guesthouses, nursery and three hothouses, tennis court, swimming pool, nine-hole golf course and motor court complete with its own service garage and gas pumps". Bezos' reported purchase eclipses the last record set in the LA-area the $150 million purchase of the Chartwell estate by Lachlan Murdoch in 2019 .

Geffen, the founder of Geffen Records and early investor in Apple, purchased the estate for $47.5 million in 1990, then a record for Los Angeles County.

The 9-acre estate - surrounded by tall hedges and a gate - was originally built in the 1920s for Jack Warner, founder and former president of Warner Bros.

Amazon CEO Jeff Bezos, right along with American news anchor Lauren Sánchez poses for photographs during a blue carpet event organized by Amazon Prime Video in Mumbai, India, Thursday, Jan. 16, 2020.

The 56-year-old already has several adjacent condos overlooking Central Park in New York City, a almost 30,000-acre estate in Medina, Washington, a massive ranch in west Texas and two properties in Washington, DC. This property is just 1.7 miles away from his other purchase, according to Variety.

Jeff Bezo's new residential home worth KSh 16.5 billion home in Beverly Hills, Los Angeles, USA. The dude reportedly purchased three NYC units on Fifth Avenue and 26th for a combined $80 million a year ago.

Bezos, the world's richest man with a fortune over $120 billion, purchased the mega-mansions for $165 million and $90 million, respectively.

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