Beyoncé and Jay-Z Add Another Mortgage to Bel Air Home

Music’s richest couple is taking out a second mortgage on one of their Southern California properties.

Beyoncé and Jay-Z have secured a nearly $57.8 million mortgage on their mansion in Bel Air, raising the total amount of money borrowed on the property to almost $110.6 million, The Daily Mail reported. The money comes through a 30-year loan from Morgan Stanley’s Private Banking division.

The couple, whose combined net worth tops over $3 billion according to Forbes, bought the Bel Air manse in 2017 for $88 million. They borrowed $52.8 million to buy the place and refinanced it in 2021 with Goldman Sachs for the same amount. The additional $57.75 million in borrowing went into effect in April this year.

In addition to the nearly $111 million borrowed on the Bel Air house, Beyoncé and Jay-Z are on the hook for property taxes at the Bel Air site to the tune of more than $1.2 million from 2024 to 2025, or about $100,343 per month, according to The Daily Mail. As a result, the couple is spending $637,244 per month in mortgages and property taxes alone on the Bel Air property.

It’s a property fit for a Queen (Bey). The estate features eight bedrooms, 11 bathrooms, four outdoor swimming pools, a spa, a wellness center, a media room, several outdoor entertaining areas, a 15-car garage, a full-sized basketball court and staff quarters. The home is composed of six interconnected structures on 2 acres of land in the Bel Air hills and offers panoramic views of Los Angeles through its glass-walled common areas.

It’s not the only home the couple has in the Los Angeles area. In 2023, the “Drunk in Love” duo paid $200 million cash for a seaside mansion in Malibu, advertised as the most expensive home in California at the time. The seven-bed, 11-bath estate was originally listed for $245 million.

Like the Bel Air property, their Malibu outpost is nothing to sneeze at. The seven-bed, 11-bath mansion, previously owned by soap opera creator heir William Bell and first marketed in a 2023 pocket listing for $295 million, has four pools including an infinity option and one that ends at the edge of a cliff overlooking the Pacific Ocean. The artists also own a $26 million estate in East Hampton, New York, known as the Pond House, spanning seven bedrooms on 2 acres with heated marble bathtubs throughout the home and more than 200 feet of water frontage outside.

— Chris Malone Méndez