Amazon CEO Jeff Bezos just bought an LA property for a record $165 mn, how’s your week going? | Tech News

Amazon CEO Jeff Bezos just bought an LA property for a record $165 mn, how’s your week going?

This is the biggest residential deal in the Los Angeles area as the previous record was created last year for a deal worth roughly $150 million when media executive Lachlan Murdoch acquired Chartwell, a Bel-Air estate.

By: INDO ASIAN NEWS SERVICE
| Updated on: Aug 20 2022, 19:19 IST
Amazon CEO Jeff Bezos has created a record with a new deal in Los Angeles when he bought the Warner Estate for $165 million (roughly  <span class='webrupee'>₹</span>1,178 crore), The Wall Street Journal reported.
Amazon CEO Jeff Bezos has created a record with a new deal in Los Angeles when he bought the Warner Estate for $165 million (roughly 1,178 crore), The Wall Street Journal reported. (REUTERS)

Amazon CEO Jeff Bezos has created a record with a new deal in Los Angeles when he bought the Warner Estate for $165 million (roughly 1,178 crore), The Wall Street Journal reported.

This is the biggest residential deal in the Los Angeles area as the previous record was created last year for a deal worth roughly $150 million when media executive Lachlan Murdoch acquired Chartwell, a Bel-Air estate.

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According to a report in The Verge, the Warner Estate bought by Bezos spreads out over nine acres in Beverly Hills.

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Designed in the 1930s for Jack Warner, who was the former president of Warner Bros., the Warner Estate came up after nearly 10 years of work.

Also Read: Jeff Bezos sued for defamation by girlfriend Lauren Sanchez's brother

The estate has terraces, guest houses, a tennis court, and a golf course.

While the deal may appear way to expensive for ordinary mortals, it may not pinch Bezos much whose net worth is $131.9 billion.

The Amazon CEO bought the Warner Estate from media mogul David Geffen.

Earlier this year, Bezos reportedly spent around $80 million on a few New York apartments.

Also Read: Jeff Bezos adds $13.2 billion to his fortune in just minutes

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First Published Date: 13 Feb, 15:02 IST
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