Perez Hilton, Vibe, and others are reporting that world’s most important couple Beyoncé and Jay-Z have laid down north of $40 million to buy Cher’s 1.7-acre walled compound in Malibu. This wouldn’t be quite as awesome as the pair buying Michael Jackson’s Neverland Ranch (as they were rumored to be doing in February), but it’s still pretty damn splashy. The property comes with a six-bedroom Italian Renaissance mansion with a gym and theater (with design by Ron Wilson), plus a walled tennis court, a pool, an underground garage, and a guesthouse. Cher first listed it back in 2008 for $45 million, then relisted a couple months ago for $41 million. Vibe reports that Bey and Jay paid $45 million, but the ever-reliable Real Estalker is skeptical: “Property records do not yet reflect a transfer of ownership and, children, keep in mind that Your Mama has many times been told by various players in the high stakes world of high price L.A. real estate that Cher has at least twice turned down offers in excess of $40 million.” · Beyoncé Buys Cher’s Malibu Mansion For $45 Million [Vibe] · Cher Selling Off Homes in West Hollywood, Malibu, and Venice [Curbed LA]


Latest News

Here’s Why Your Favorite Sites And Services Haven't Been Working

The widespread disruption experienced across the internet on Friday was likely caused by hackers who launched a massive attack with web cameras and other smart devices, experts said. Hackers blocked or slowed access to sites like Twitter, Reddit, Netflix ...
Posted: October 21, 2016, 6:57 pm

Trump Says U.S. Election Result Will Be 'Like Brexit Times Five'

NEWTOWN, PA — Donald Trump on Friday held three rallies in North Carolina and Pennsylvania in which he compared the inaccurate early predictions of Britain's "Brexit" to his own campaign, and continued his attack on the media. The Republican nominee ...
Posted: October 21, 2016, 9:59 am

Donald Trump Victory Would Send Stocks Plummeting 10 To 15 Percent

A victory for Republican nominee Donald Trump would send stock markets in the United States, the United Kingdom and Asia down by 10 to 15 percent, according to a new economic analysis. “Markets believe this election will have huge ramifications for the ...
Posted: October 21, 2016, 1:10 am
Related Topics: