Jeff Bezos Acquires Warner Estate for a Whopping $165 Million

Business mogul and currently world’s richest man Jeff Bezos is said to have bought Warner Estate in Beverly Hills for a whopping $165 million.

The news was first reported on Wall Street Journal by individuals claiming direct involvement in the transaction, they further said Bezos bought the estate from David Geffen, a media guru.

Geffen bought the 9.4-acre (3.8-hectare) estate back in 1990 at a price of $47.5 million.

According to a post published last week by New York Times, Jeff and his girlfriend, Lauren Sanchez, have been visiting mansions around Los Angeles areas supposedly searching for a house. NYT said they had been doing this for over a year now.

Attempts to reach the Amazon Inc. (AMZN) chief executive officer by WSJ to clarify whether he intends to turn Warner estate to his primary home went futile.

This deal posts a new record in Los Angeles when it comes to estate acquisition around the area. Previous record had been set by Australian-British-American media mogul Lachlan Murdoch, who bought Chartwell- a Bell Air estate for $150 million.

Prior the purchase the Bell Air estate was being used in a television show ‘The Beverly Hillbillies’ as a Clampett residence.