The world’s wealthiest person, Jeff Bezos, has purchased a Beverly Hills mansion for a record-breaking sum.
Bezos is taking over the Warner Estate, previously owned by media mogul David Geffen, who originally purchased the home in 1990 for $47.5 million. The comparatively meager price was a then-record for a Los Angeles-area home, The Wall Street Journal reports.
The home is named for the person who built the mansion in 1937, Jack Warner, a Warner Bros Studio chief. The home features terraces, several guest homes, a tennis court, and a nine-hole golf course.
Bezos, with a net worth of $131 billion according to Forbes, owns several properties around the world, so it’s not clear if the Warner Estate will become his primary residence. The New York Post reported last week that Bezos was on the house hunt, looking at mansions around the LA area with girlfriend Lauren Sanchez.
The Wall Street Journal reports that Bezos purchased three New York apartments earlier this year in a deal worth $80 million.
The mansion purchase for $165 million is thought to be the biggest transaction for a residential property in Los Angeles since Lachlan Murdoch dropped $150 million on the Chartwell estate in Bel-Air.
Fans may recognize the famed Chartwell estate, as it was the home of the fictional Clampett family in CBS’ “The Beverly Hillbillies.”