The Fabulous Real Estate of Jay Z and Beyoncé
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The royal couple of music have been making moves on Billboard charts, stock markets and city blocks, buying up real estate and businesses all over the country. Take a look at some of the Rap King and Pop Queen's finest holdings.
195 Hudson St, New York
Jay Z spent $6.85M on an 8k SF spread in the building at 195 Hudson St in 2004, where the power couple wed in a private ceremony in 2008.
1527 Harmony St, New Orleans
Beyonce and Jay Z snagged a former church (fitting for music industry gods) turned mansion on 1527 Harmony Street in New Orleans for $2.5M, one of the most historic properties in the Big Easy.
Indian Creek Village, Indian Creek, FL
The couple sold a two-story Mediterranean-style waterfront palace in Indian Creek Village for $9.3M in 2010. The 7.8k SF crib had seven bedrooms, eight baths, a pool and neighbors like Enrique Iglesias, model Adriana Lima and former Miami Dolphins coach Dan Shula.
Holmby Hills, L.A.
After renting this sweet $45M mansion in LA's elite Holmby Hills neighborhood, Beyoncé and Jay Z will soon be without a West Coast home. The property was for sale throughout the Knowles-Carter family's stay—even though they signed a one-year lease—and someone just picked up the home for $35.5M.
On the commercial end, Jay Z co-owns the 40/40 Club, an upscale sports bar that started in NYC, has locations in Atlantic City and Chicago, and now plans to expand to Tokyo and Singapore.
In March 2015, Jay Z purchased Aspiro, a Norwegian company that operates the subscription-based music streaming service Tidal, for $56M.
Jay held stake in Brooklyn's Barclays Center and NBA franchise Brooklyn Nets, but sold his shares in both for $1.5M. The sale freed up money to launch talent management company Roc Nation Sports.
Armand de Brignac
In November 2014, the mogul snagged the Armand de Brignac champagne brand for a chunk of change (between $25M and $30M, industry metrics say), taking control of one of France’s oldest and smallest houses. Want to try a bottle? That’ll be $760.