Amazon CEO Jeff Bezos has just penned the most expensive real estate deal in Californian history after splashing US$165 million (AU$246 million) on the Jack Warner Estate in Beverly Hills.
The world’s richest man will soon be the owner of the Georgian Revival-style property, according to The Wall Street Journal, along with a separate 120 undeveloped acres in the 90210 postcode.
The latter purchase was made through Bezos Expeditions, which oversees The Washington Post and Mr. Bezos’ charitable foundation, the New York Times has reported.
Warner Estate was built in the 1930s for Jack Warner, the former president of entertainment giant Warner Bros. After his passing in 1978, Warner’s wife remained at the address until 1990 when it was sold to DreamWorks co-founder David Geffen, who bought it for US$47.5 million (AU$71 million) – another record at the time.
The 1200-square-metre mansion boasts two guesthouses, a tennis court, a swimming pool, and previously, a nine-hole golf course. Before Geffen removed the golf course during renovations, the home next door also had a nine-hole course, allowing the Warners and their neighbours to play 18 holes right in the middle of Beverly Hills.
The New York Times reported that the Warner estate never officially hit the market, but “one of the people familiar with the deal said it had been shopped around quietly for US$225 million.”
See more of Bezos’ recent spending spree, most notably his three condo purchase at 212 Fifth Avenue in Manhattan that has a total value of about US$80 million (AU$114 million).