It is said that Jay-Z sold Bacardi his majority stake in the D’ussé Cognac company for $750 million earlier this year. So it makes sense that the billionaire mogul and Beyoncé have put some of their money back into an expensive holiday home in Malibu. The very famous couple is said to have paid $200 million for a Brutalist-style house that sits high above Paradise Cove.

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This unbelievable sale price is the highest ever paid for a home in California, beating out the $177 million Malibu house right next door. It is also the second-highest price ever paid for a home in the United States. The house was privately for sale for $295 million. One could also say, though, that the Carters got a great deal.

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The land is on a bluff and has unobstructed views of the ocean and coastline. It also has direct access to what is probably Malibu’s most beautiful beach and a 40,000-square-foot mansion designed by the famous Japanese architect Tadao Ando, who worked with WHY Architects in Los Angeles on this huge project.

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Bill Bell, whose parents created “The Young and the Restless” and “The Bold and the Beautiful” and who is married to Maria Bell, ordered the house in the late 1990s. It took 15 years to plan and build. The huge fortress was built in 2014, at least in part, to hold the Bell family’s huge collection of modern art, which includes many works by Jeff Koons, Andy Warhol, Damien Hirst, and Marcel Duchamp.

There isn’t much more information available because the property was never properly listed for sale. From above, though, the house looks like it has a huge backyard with what looks like acres of green land. There are also two huge outdoor pools: one for swimming and one with a reflecting pool, which is something that Ando is known for.

A lot of concrete was used to build the building, which makes it stand out. Pacific Pervious Concrete, a single company, put down an amazing 22,500 square feet of finished pervious concrete in the estate’s driveway and motorcourts. Morley Concrete, a second builder, provided an extra 7,645 cubic yards of concrete for the building of the house. We don’t know much about the building’s interior; we don’t even know how many bedrooms and toilets it has. But you can be sure that every room is very, very simple.

People who follow real estate will remember that this isn’t Tadao Ando’s only home design in Malibu. Kanye West paid $57 million for a much smaller Ando home near the coast two years ago.

Along with their huge new Malibu home, Beyoncé and Jay-Z also own an apartment in New York City and a house in the Hamptons. But their main home is still a $88 million house in the exclusive Los Angeles neighborhood of Bel Air.