Amazon founder and CEO Jeff Bezos has reportedly spent $165 million to buy a mansion in Los Angeles. In 1990, Geffen went on to break national records when he purchased the estate for $47.5m and auctioned off about $11m of the mansion's furnishings, which he thought too musty and museum-like, according to the Los Angeles Times.
Mr Bezos, who is worth around $132bn, purchases the property from the media mogul David Geffen.
According to the Architectural Digest 1992, the estate reflects Georgian-style architecture, with "expansive terraces and gardens, two guest houses, a nursery, three hothouses, tennis court, swimming pool, nine-hole golf course, and a motor court". He's so damn rich that he just bought the most expensive home in Los Angeles, California and it didn't even come close to making a blip on the radar of his overall net worth. Citadel founder Ken Griffin plunked down record $238 million for a NY penthouse at 220 Central Park South. Lachlan Murdoch, the son of media mogul Rupert Murdoch, paid a then-California record of about $150 million for a Bel-Air estate that had been featured about a half century ago on "The Beverly Hillbillies" TV show.
The Warner Estate spans nine acres (3.6 hectares) in Beverly Hills. And Bezos' real estate empire doesn't end there.
Along with the Warner estate, Bezos' umbrella company, Bezos Expeditions, also purchased a plot of land in LA that belonged to the estate of Microsoft cofounder Paul Allen, according to The Journal.
Warner Estate in Los Angeles
The world's richest man has turned into an art connoisseur and gone on a shopping spree, remarked recent media reports.
Bezos and his girlfriend Lauren Sanchez had reportedly been visiting several homes in the L.A. area priced at more than $100 million.
Bezos also owns The Washington Post newspaper. Sources confirmed Bezos bought the land, describing it as an "investment". The dude reportedly purchased three NYC units on Fifth Avenue and 26th for a combined $80 million a year ago.
Amazon CEO Jeff Bezos, the world's wealthiest person with homes around the world, is adding to his real estate portfolio.