Jeff Bezos spends jaw dropping $165M for David Geffen’s LA super mansion

Amazon CEO Jeff Bezos, the world’s wealthiest person with homes around the world, is adding to his real estate portfolio.

Bezos has purchased the historic Warner Estate in Beverly Hills from medial mogul David Geffen for an eye-popping $165 million in what is believed to be a record deal for Los Angeles, the Wall Street Journal reported Thursday.

Geffen purchased the 9.4-acre estate in 1990 for a reported $47.5 million. The legendary estate is also known as the Jack Warner Estate, built by the former head of Warner Bros. Studio in 1937.

According to the Bloomberg Billionaires Index, the Amazon founder is worth $131 billion.

The Land Report magazine’s 2018 Land Report listed Bezos as No. 28 on its list of top 100 landowners and reported he owned 420,000 acres.

Source
https://www.usatoday.com/story/money/2020/02/12/jeff-bezos-buys-warner-estate-165-million-david-geffen/4741869002/

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