Beyoncé and Jay Z outbid on Beverly Hills mansion

Tom Ford beat them out for the Hillcrest Drive pad

TRD LOS ANGELES /
May.May 18, 2016 09:30 AM

A photo posted by Beyoncé (@beyonce) on

On their list of 99 problems, real estate may be pretty high.

Beyoncé and Jay Z have lost yet another bidding war for a Beverly Hills mansion, this time to none other than famed fashion designer Tom Ford, TMZ reported.

The music industry’s premier power couple submitted a $49 million bid for an eight-bedroom, 10-bathroom house on Hillcrest Drive, after more than a year of hotel stays and rental pads, the gossip site said.  It’s real estate “Déjà Vu” for Bey, who lost another bidding war in 2014, for a 23,000-square-foot, $85 million mega-mansion.

This time, Ford, the occasional film director and former creative director for Gucci, outbid the couple by $1 million. His new 14,000-square-foot home was built in 1934. Previous owners include James Bond producer Albert Broccoli and actor William Powell. [TMZ]Cathaleen Chen


Related Articles

arrow_forward_ios
Lauren Sanchez and Jeff Bezos with the property at 1441 Angelo Drive (Credit: Getty Images and Redfin)

A $90 million patch of dirt: A look at Jeff Bezos’ other record LA deal this week

A $90 million patch of dirt: A look at Jeff Bezos’ other record LA deal this week
Doug Harmon, Chairman of Cushman & Wakefield, and the Mountain of Beverly Hills (Credit: Cushman & Wakefield)

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?
The living room at the Opus (Credit: JIM BARTSCH via Forbes)

Spec mansion marketing shifts from champagne fridge to organic pantry

Spec mansion marketing shifts from champagne fridge to organic pantry
Prince Harry and Meghan Markle (Credit: Chris Jackson/Getty Images)

Harry and Meghan on the hunt for a mansion in the hills

Harry and Meghan on the hunt for a mansion in the hills
LVMH CEO Bernard Arnault and a rendering of the Cheval Blanc (Credit: Bertrand Rindoff Petroff/Getty Images and Peter Marino Architect/LA Times)

Louis Vuitton’s parent company plans ultra-luxe hotel in Beverly Hills

Louis Vuitton’s parent company plans ultra-luxe hotel in Beverly Hills
Kathryn Bigelow and the home (Credit: Trisha Leeper/FilmMagic/Getty Images, and Coldwell Banker)

The Hurt Valuation: Kathryn Bigelow slashes price on Beverly Hills home

The Hurt Valuation: Kathryn Bigelow slashes price on Beverly Hills home
From left: Jeff Bezos, the Beverly House and Lachlan Murdoch (Credit: Getty Images, Beverly House Estate, iStock)

Hearst estate owner hopes for $125M parachute amid megamansion frenzy

Hearst estate owner hopes for $125M parachute amid megamansion frenzy
North Office at 301 Canon Drive and Jamie Duran

Coldwell Banker closes an office in Beverly Hills, and throws a big party

Coldwell Banker closes an office in Beverly Hills, and throws a big party
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...