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February 12, 2020 10:53 pm

Jeff Bezos bought the most expensive property in LA with an eighth of a percent of his net worth


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Photo by PAWAN SHARMA/AFP via Getty Images

According to The Wall Street Journal, Amazon founder Jeff Bezos has reportedly just bought the most expensive property in Los Angeles from David Geffen, another unimaginably wealthy man, for $165 million. (It’s the Warner Estate, which spreads out over nine acres in Beverly Hills.) That’s a wild amount of money for anything — I mean, aside from a 747? — but especially for a place you might presumably live in. (Bezos spent around $80 million on a few New York apartments earlier this year, so it’s not clear where his five-foot, seven-inch frame will primarily reside.) For context, $165 million is an eighth of a percent of Bezos’ $131.9 billion net worth.


The Warner Estate was designed in the 1930s for Jack Warner, who was the former...



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Original Link: https://www.theverge.com/2020/2/12/21135400/jeff-bezos-warner-estate-expensive-property-david-geffen-amazon

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