Amazon Founder Jeff Bezos Pays Record $165M for The Warner Estate in Beverly Hills (PHOTOS)

Amazon Founder Jeff Bezos Pays Record $165M for The Warner Estate in Beverly Hills

Beverly Hills, California, United States

According to The Wall Street Journal, Amazon founder Jeff Bezos has just broke real estate records in California after purchasing The Warner Estate from David Geffen for $165 million. The previous record was set in December 2019 when Lachlan Murdoch, son of Rupert Murdoch and co-chairman of News Corp., purchased the historic Chartwell Estate for $150 million. The Warner Estate was designed by architect Roland E. Coate and built from 1926 to 1937 for Canadian-American film executive Jack Warner. Warner was president and the driving force behind the Warner Bros. Studios in California alongside his brother, Sam, who were the first to procure the technology for the film industry’s first talking picture. The nine acre estate was purchased by David Geffen in 1990 for $47.5 million and according to The Wrap includes numerous terraces, formal gardens, three hot houses, two guest houses, a tennis court, swimming pool and nine-hole golf course. Bezos, the world’s richest man with an estimated networth of $131.9 billion, didn’t stop there, People reported that he continued his buying spree by purchasing a vacant piece of property in the Beverly Hills Post Office neighbourhood for $90 million from the estate belonging to the late Microsoft founder Paul Allen. According to CNBC, Bezos also purchased three New York apartments in 2019 for $80 million. An old article by Architectural Digest in 1992 wrote, “The screening room had several concealed devices, including projectors hidden behind a panel that was opened by moving the Buddha’s head. The screen was raised with the help of a water pump, and the front sofa was rotated to provide viewing.” Architectural Digest p

Facebook Comments