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Jeff Bezos is the new king of Hollywood real estate after scooping up David Geffen's Beverly Hills estate for a drop in the bucket -- to him, anyway -- $165 million.
The Amazon honcho reportedly purchased the famous 9-acre property this week. It was one of the most coveted in the L.A.-area because it used to belong to the Warner Bros. founder and president, Jack L. Warner, in the 1930s.
The purchase amount -- first reported by the Wall Street Journal -- is history-making in the City of Angels. The previous most expensive property sale was last year's $150 million purchase of the Bel-Air Chartwell estate, made famous by "The Beverly Hillbillies."
So, what did JB get for all that cash? Oh, just a 13,600-square-foot mansion with massive terraces and gardens. Of course, there are multiple guest houses, a nursery, greenhouses, a tennis court, a swimming pool, a 9-hole golf course and its own car emporium (fancy for HUGE garage) ... with gas pumps!!!
Geffen's owned it since 1990, and he only spent $47.5 million at the time. Yes, that was a record way back then. Bezos' real estate team has been busy -- he also dropped $90 million for an undeveloped plot of land in L.A., and another $80 mil for 3 apartments in NYC, which total more than 17,000 sq. feet.
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Amazon founder and chief executive Jeff Bezos has landed one of the most storied estates in all of Los Angeles — th… https://t.co/BWVebopgE0
Billionaire Jeff Bezos has reportedly paid $165 million for media magnate David Geffen’s Beverly Hills estate, sett… https://t.co/QNWTfqdqID
Jeff Bezos just bought the most expensive estate in Los Angeles for $165 million. https://t.co/kEn1YgFOAb
RT @ISELLStThomas: Think house prices here are off the charts? Jeff Bezos just purchased David Geffen's Beverly Hills mansion for $165 mil…
Think house prices here are off the charts? Jeff Bezos just purchased David Geffen's Beverly Hills mansion for $16… https://t.co/GpN0hYbUEZ