Music icons Jay-Z and Beyoncé have sparked curiosity after securing a new multi-million-dollar mortgage on their luxurious Bel Air mansion in Los Angeles, California.
The couple, who bought the property in 2017 and own several high-end homes across the U.S., already have an extensive real estate portfolio, including mansions in Malibu and East Hampton and a penthouse in New York.
The latest financial move raises questions about why the billionaire pair opted for such a large loan, especially after spending big on another record-breaking property just two years ago.
Industry insiders speculate this could be part of a bigger investment strategy, but the new loan means a significant increase in the couple’s monthly housing costs.
