Jeff Bezos has forked out $10 million for a Beverly Hills home located right next door to the $165 million compound he purchased in the area back in February.
Real estate records show the Amazon chief – who is the world’s richest man with a net worth of $182.2 billion – snapped up the home in an off-market deal earlier this month.
The three- bedroom, four-bathroom home, originally built by architect Sumner Spalding back in 1930, was last listed back in 2018 for the sum of $5.45 million.
Since then, the property has undergone extensive renovations, completed by the design team who also worked on Justin Bieber’s Beverly Hills pad.
Listing photos taken prior to the makeover show the light and airy home features a large kitchen and several spacious living areas complete with original fireplaces.
Jeff Bezos has forked out $10 million for a Beverly Hills home located right next door to the $165 million compound he purchased in the area back in February. His new purchase is pictured above in a 2018 real estate listing
It’s unclear what Bezos plans to do with the new home, given he recently purchased a far more opulent estate right next poor. Perhaps the property will be used to host friends and family when they come to Los Angeles to visit Bezos and his girlfriend Lauren Sanchez (with him above)
2018 listing photos show the home features a large kitchen and several spacious living areas complete with original fireplaces
The home boasts plenty of natural light and dark hardwood floors. One of the property’s living areas is pictured above
One of the $10 million home’s three bedrooms is seen above. In the time since the listing snaps were taken, the property has undergone extensive renovations, which were completed by a design team that also worked on Justin Bieber’s Beverly Hills pad
One of the home’s large bathrooms is pictured. A listing from the time of the 2018 sale also reveals that the home has a library, a media room and a vegetable patch
A listing from the time of the 2018 sale also reveals that the home has a library, a media room and a vegetable patch.
The comfortable and cozy home is quite modest in comparison to the opulent 13,600-square-foot Georgian-style mansion Bezos owns next door.
He snapped up that nine-acre estate from media mogul David Geffen back in February. The deal was widely reported as the most expensive California home sale of all time.
That estate – which was originally developed by Jack Warner of Warner Bros. – boasts terraces, guest houses, a tennis court, and a nine-hole golf course.
It is also said to be covered in paintings by famous American artists and includes a floor once owned by Napoleon.
It’s unclear what Bezos plans to do with the new home next door that he has just purchased.
However, $10 million is pocket change for the world’s richest man, who’s net worth has skyrocketed within the past year.
According to BuzzFeed, Bezos now makes more than $12 million per hour, or $311 million per day.
Amazon is thriving amid the coronavirus pandemic, and on Thursday the company posted a record quarter with $88.9billion in sales – causing its stocks to climb six percent in after-hours trading.
Back in February, Bezos shelled out $165 million for this 13,600 sqft Georgian-style mansion next door, which boasts terraces, guest houses, a tennis court, and a nine-hole golf course
The opulent nine-acre Beverly Hills estate is seen from the air. It was designed in the 1930s for media mogul Jack Warner
Bezos already boasts an impressive property portfolio.
In addition to the two properties in Beverly Hills, he also owns a $5 million mansion in the swanky Washington, D.C. suburb of Kalorama.
The double-story brick home is located close by homes owned by Barack Obama and Ivanka Trump.
Meanwhile, he owns four separate apartments inside an art-deco block on Manhattan’s Upper West Side.
He bought three of the apartments inside the complex at 25 Central Park West back in 2019 for a reported sum of $80 million.
He then shelled out $16 million this spring for a fourth unit.
According to Architectural Digest, he plans to combine all four units into a ‘dream home overlooking Madison Square Park’.
Bezos also owns this $5 million mansion in the swanky Washington, D.C. suburb of Kalorama
Meanwhile, he owns four separate apartments inside this art-deco block on Manhattan’s Upper West Side. The units cost him a grand total of $96 million
Bezos grilled alongside Apple, Facebook and Google CEOs during Congressional Hearing
On Wednesday Bezos, alongside Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai were repeatedly ripped as copycats, liars, bullies and traitors when they were questioned by Congress’s Antitrust, Commercial, and Administrative Law Subcommittee for five hours on Wednesday.
Pichai and Zuckerberg took particularly sharp jabs from Democrats and Republicans who say Google and Facebook have crippled smaller rivals in the quest for market share – while Bezos was interrogated over Amazon’s treatment of small merchants who use its online marketplace.
In one of the most damaging moments, lawmakers unveiled Zuckerberg’s internal emails boasting about buying competitors, saying Instagram was a threat as he plotted to purchase it, and talking about a ‘land grab’ on other competition.
Pictured clockwise from top left: Amazon’s Jeff Bezos, Apple’s Tim Cook, Google’s Sundar Pichai and Facebook’s Mark Zuckerberg