LOS ANGELES — Music power couple Beyoncé and Jay-Z have taken out a second mortgage on their sprawling Bel Air estate, bringing total borrowing on the property to nearly $111 million.
The pair secured a $57.8 million mortgage in April through Morgan Stanley’s Private Banking division, according to reporting by the Daily Mail. That new loan adds to the $52.8 million they originally borrowed to purchase the mansion in 2017 for $88 million — a loan later refinanced with Goldman Sachs in 2021 for the same amount.
The move means Beyoncé and Jay-Z are now carrying $110.6 million in total debt on the Bel Air property.
Massive Estate, Massive Carrying Costs
Along with mortgage obligations, the couple is paying more than $1.2 million in annual property taxes — about $100,343 per month. Combined with mortgage payments, they spend roughly $637,244 every month to maintain the property.
The estate, a 2-acre compound in the Bel Air hills, includes eight bedrooms, 11 bathrooms, four outdoor swimming pools, a spa, a wellness center, a media room, a 15-car garage, a basketball court, and staff quarters. The home is spread across six interconnected structures, with floor-to-ceiling glass walls framing panoramic views of Los Angeles.
Other Trophy Properties
The Bel Air manse is only part of the couple’s real estate portfolio.
In 2023, they paid $200 million cash for a Malibu clifftop estate — the most expensive home ever sold in California at the time. That 11-bath, seven-bedroom home includes four pools, one spilling dramatically over a cliffside with views of the Pacific Ocean.
The couple also own a $26 million East Hampton estate, known as the Pond House, with seven bedrooms, heated marble bathtubs, and more than 200 feet of water frontage.
Beyoncé and Jay-Z’s combined net worth tops $3 billion, according to Forbes, cementing their status not only as music icons but as some of the country’s most prominent real estate investors.