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Beyoncé and Jay-Z, worth nearly $3.4 billion, face $110 million in debt

Despite $3.4 billion in wealth, Beyoncé and Jay-Z owe $110.55 million on their Bel-Air home, with mortgages and taxes adding up.

Beyoncé and Jay-Z, worth nearly $3.4 billion, face $110 million in debt
Beyoncé and Jay-Z, face $110.55 million in debt

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Despite a combined net worth of nearly $3.4 billion, Beyoncé and Jay-Z are facing $110.55 million in debt on their Bel-Air mansion, according to recent reports. The couple, among the wealthiest Black families in the world, recently took out an additional $88 million mortgage on the property, raising their total debt on the home to $110.55 million.

Beyoncé, Jay-Z mortgage grows

This follows a $57.75 million mortgage secured in April through Morgan Stanley Private Bank. This is a 30-year loan with a 5 percent interest rate fixed for the first ten years. That amount adds to a previous $52.8 million mortgage from Goldman Sachs, taken out four years ago when the couple purchased the Los Angeles–area estate and later refinanced for the same amount.

The Daily Mail reports that the couple also faces significant property taxes on the Bel-Air home. With annual taxes exceeding $1.2 million, roughly $100,343 per month. They are currently paying about $637,244 each month toward mortgages and taxes alone.

Combined net worth hits $3.38 billion

Beyond real estate, Jay-Z and Beyoncé have built considerable wealth through business ventures. Forbes estimates Jay-Z’s net worth at $2.6 billion, boosted by the sale of his 50 percent stake in Armand de Brignac to LVMH for $300 million in 2021 and the sale of half his stake in D’Usse to Bacardi in a deal valued at $750 million in 2023.

Beyoncé has quietly built her own business empire outside of music and performances, with an estimated net worth of $780 million. Together, the couple’s worth reaches $3.38 billion, placing them among America’s wealthiest celebrity pairs.

Beyoncé and Jay-Z’s $200 million Malibu home

In May 2023, Beyoncé and Jay-Z made headlines with the purchase of a 30,000-square-foot Malibu mansion overlooking Paradise Cove for $200 million, marking the most expensive property transaction in California history. Designed by Japanese architect Tadao Ando, the home was previously owned by art collector William Bell Jr.

The estate, set in Malibu’s exclusive Paradise Cove neighborhood, features a modern mix of concrete and glass, with expansive floor-to-ceiling windows and open, L-shaped rooms. Patios lead to a pool, cabana, and a level grassy lawn perched on a cliff above the Pacific Ocean. 

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