Beyoncé and Jay Z outbid on Beverly Hills mansion

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
9600 Wilshire Boulevard (Google Maps, iStock)

Beverly Hills Saks Fifth Avenue hits the auction block

Beverly Hills Saks Fifth Avenue hits the auction block
Michael Shabani of Crown and Russell Russell Gimelstob of Ascendant, and the building (Credit: Google Maps)

Crown Equity partnership sells Rodeo Drive building for $122M

Crown Equity partnership sells Rodeo Drive building for $122M
A rendering of the project (Credit: SKANSKA via Commercial Observer)

Skanska building its first ground-up LA development

Skanska building its first ground-up LA development
Justin Bieber and Hailey Baldwin with 1710 Tropical Avenue (Getty, Redfin)

Bieber and Baldwin list Beverly Hills home

Bieber and Baldwin list Beverly Hills home
Glorya Kaufman and the Hearst estate (Getty, The Agency)

Fortress can proceed with Glorya Kaufman lawsuit: judge

Fortress can proceed with Glorya Kaufman lawsuit: judge
The Beverly Hills office (Credit: Google Maps)

Sam Hakim-led family firm pays $36M for Beverly Hills office

Sam Hakim-led family firm pays $36M for Beverly Hills office
Gene Simmons of Kiss (Credit: Per Ole Hagen/Redferns via Getty Images)

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion
LeBron James and the home at 9955 Beverly Grove Dr. (Credit: Ezra Shaw/Getty Images, and Google Maps)

Closing in on title, LeBron James closes on Beverly Hills mansion

Closing in on title, LeBron James closes on Beverly Hills mansion
arrow_forward_ios

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

Loading...