adplus-dvertising
International

Money Trouble? Jay Z & Beyonce Take Out 2nd Mortgage On Mansion!

GettyImages 1986605933 1

Jay-Z and Beyoncé’s $110 Million Mortgage? Here’s Why the Billionaire Power Couple Is Still Borrowing Big

Okay, let’s get one thing straight: If you had three billion dollars in the bank, would you still take out a $57.75 million mortgage? Probably not. But then again, you’re not Beyoncé. Or Jay-Z. (Unless you are, in which case — hi, love your work.)

LOS ANGELES, CALIFORNIA – FEBRUARY 04: (L-R) Beyoncé and Jay-Z attend the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. (Photo by Kevin Mazur/Getty Images for The Recording Academy)

The superstar duo — she, Queen Bey from Houston, and he, rap royalty from Brooklyn — may have a combined net worth that could fund a small country, but they’re still borrowing big. According to Media Take Out, the Carters just secured a fresh 30-year mortgage on their Bel Air mega-mansion. Price tag? A jaw-dropping $57.75 million. That brings their total debt on the property to $110.55 million. Yes, really.

Let’s break this down like it’s a Destiny’s Child bridge.

Bel Air, Baby

Back in 2017, Bey and Jay scooped up their Bel Air palace for a cool $88 million. It’s not just a house — it’s a compound, with four pools, bulletproof windows (because of course), and probably a fridge just for vintage champagne. But when they dropped $200 million cash (as one does) on a Malibu estate in 2023 — reportedly California’s most expensive home ever — fans assumed they’d let go of Bel Air.

Nope. Turns out, this place is still “home,” largely because it’s close to the kids’ school. With Blue Ivy now 13 (cue feeling ancient) and twins Rumi and Sir at 8, it makes sense they’d want to stay rooted.

So Why the Mortgage?

That’s the million-dollar (okay, 110 million-dollar) question. Some speculate they’re freeing up cash for investments. Makes sense — if you can earn more elsewhere than you’re paying in interest, it’s a strategic move, not a desperate one.

Still, the loan terms are intense: their new mortgage has a 5% interest rate for the first 10 years, totaling $310,000 a month in payments. Add that to their other $52.8 million mortgage taken out in 2021 at 3.15% (that’s $226,901 monthly), and you’re looking at a casual $537K going out every single month.

And we haven’t even gotten to the property taxes yet. Another $100,343 monthly. So before staff, upkeep, or pool floaties, their Bel Air home is costing them roughly $637,244 a month. That’s like buying a brand-new Lamborghini every four weeks — just to live in their own house.

Oh, and Jay-Z’s Also in Court

Because being a billionaire dad, husband, and hip-hop mogul isn’t enough — Jay-Z is also currently suing Texas attorney Tony Buzbee. The rapper claims Buzbee spread false information about him, costing him millions. So yes, add “defending his reputation in court” to his already-packed to-do list.

TL;DR?

Yes, Beyoncé and Jay-Z are rich beyond imagination. But they’re also making financial moves that—while wild to us—might make perfect sense at that level of wealth. It’s like playing Monopoly, but with real money and actual Malibu mansions.

So next time you’re sweating your rent, just remember: even billionaires have bills. And drama. Just on a much glossier scale.

Tags ·beyonce·jay z·mortgage