Jay-Z & Beyoncé $200M Malibu Pad Purchased in Cash, Baby!!!
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$200 million is an astonishing amount to just about everybody in the world, but if you're Jay-Z and Beyoncé, you can afford to drop it all at once ... and still be one of the richest couples on the planet.
Sources with direct knowledge tell TMZ ... the two paid $200 million CASH for the 30,000-square-foot Malibu mansion purchased from William Bell, one of the biggest art collectors in the world.
The figure is mind-boggling ... but if you look at the couple's financial portfolio, they've certainly got the assets to make it work.
According to Forbes, Jay is worth $2.5 billion ... thanks to his lucrative liquor businesses, Ace of Spades and D'Usse, his music catalog, and his fine art collection -- with pieces from Basquiat.
In 2022, Forbes estimated Beyoncé's net worth to be just shy of $500 million ... crediting her tours, music catalog, and appearances in feature films to the majority of her wealth.
Of course, she also just kicked off her "Renaissance" tour, which is expected to rake in more than $1 billion ... so their net worth will only go up from here.
TMZ broke the story, the Malibu purchase was the most expensive ever recorded in the state of California.
We covered it all in the latest episode of The TMZ Podcast, available on all podcast platforms.
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Maino Ja Morant's Issues ... Not Caused By NBA Youngboy Or Rap!!!
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Just because Ja Morant flashed guns on camera while listening to NBA Youngboy and rap music doesn't make it hip hop's fault ... so says Maino, who tells TMZ Sports the blame for Morant's woes is entirely on the Grizzlies superstar -- and no one else.
We got the "All the Above" rapper out in L.A. this week days after Morant was seen yet again on a social media live stream waving around a firearm ... and he told us straight up, Morant needs to get his act together quickly.
He said he was concerned about the people Morant has surrounded himself with ... telling us he's worried they're not advising the basketball player to make smart decisions -- and he suggested Ja bring others into his circle ASAP.
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"He gotta have people around him that don't care what he got to say," Maino said.
As for those who believe rap is playing any role in all this ... Maino made it clear, that's just not an excuse he believes Morant can use.
"We know you like the music, you come from a culture, but homie, truth be told, you got way more opportunity than the average person," Maino said. "Don't throw the opportunity away trying to keep up with what's goin' on."
Maino tells us he's speaking from personal experience ... as the Brooklyn native spent time behind bars earlier in his life, before he turned things around.
"I'm the last person to try to condemn somebody for making mistakes because I've made many," he said. "Trust me!"
"He got age on his side," the 49-year-old added. "He got time on his side. I want to see him do way better than that."
Memphis has suspended Morant from team activities indefinitely over the latest video. NBA commissioner Adam Silver, meanwhile, said earlier this week he was disappointed while announcing the league has already commenced an investigation into it all.
For his part, Morant said of the latest drama that he takes "full accountability" for his actions ... and has vowed to work further on himself.
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Adidas Selling Off Yeezys Yeah, We Were Slow Cutting Ties With Ye ... But We're Giving $$$ to Anti-Defamation League
Looks like Adidas is trying to make good after getting skewered for failing to part ways with Kanye West during his antisemitic tirade ... because the company's donating a chunk of its upcoming Yeezy profits to the Anti-Defamation League and other charities.
Adidas says it's going to sell off some of its remaining inventory at the end of this month, adding a "significant amount will be donated to selected organizations working to combat discrimination and hate, including racism and antisemitism."
In addition to the Anti-Defamation League, the Philonise & Keeta Floyd Institute for Social Change -- started by George Floyd's brother, Philonise -- will also benefit.
It's unclear how much will go to the charities, but as we reported, there's about $1.3 billion in Yeezy products left over after the company pulled the plug on Kanye back in October.
You'll recall, Adidas seemed slow on the draw when it came to Ye -- dropping him well into his antisemitic tirades, including his unforgettable post -- "death con 3 on JEWISH PEOPLE."
Ye also had some extremely controversial takes regarding Floyd's tragic death back in 2020.
Adidas eventually kicked Kanye to the curb and tried repurposing its remaining stock, selling the shoes without the Yeezy name ... which, by the way, fell flat.
Regardless, it seems Adidas is trying to bring those profits back up and make things right with the communities.
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Jay Z & Beyoncé $300 Million in L.A. Properties ... Holding On to Bel-Air Estate
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It's nice to have options ... and that's exactly why Jay-Z and Beyoncé are going to hold on to their $100 million Bel-Air mansion, despite just shelling out $200 million in a historic purchase.
Sources close to the couple tell TMZ, as crazy as it sounds ... the brand new Malibu pad will serve as a weekend home -- in a sense -- at least for the time being. We're told the Bel-Air home, purchased for $88 million back in 2017 is still "home" ... close to the kids' schools and friends.
Eventually, our sources say, Jay-Z wants to move his family to the Malibu estate full-time ... but hasn't indicated whether that shift would also include selling Bel-Air.
TMZ broke the story ... the couple paid $200 million for the 30,000-square-foot mansion, setting a record in the state of California for the most expensive home ever sold. It sits on 8 acres on the Pacific Ocean in the Paradise Cove area ... aka Billionaires' Row.
What's also astonishing ... our sources say the home's previous owner and builder, William Bell, one of the biggest art collectors in the world, had a $1 BILLION art collection inside.
Those pieces obviously won't stay with Jay-Z and Beyoncé ... but you gotta wonder if they might've been able to work a portrait or two into the final negotiations.
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Jay-Z And Beyonce Celebrate $200 Million Record Home Purchase ... With Soufflé Dinner In London
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One would think Jay-Z and Beyoncé would be living it up in their new $200 million Malibu estate -- the most expensive home sale in California history --- but nothing could be further from the truth.
In fact, the power couple was thousands of miles away in London Friday night after news surfaced about their massive house purchase, which bested the previous record of $177 million in the Golden State.
Check out these photos, obtained by TMZ, which show Jay and Bey dressed to the nines as they leave Harry's Bar in Mayfair with their security in tow. We're told they climbed inside a Viano box van and were driven back to their hotel.
Our sources say the A-listers had dinner at Harry's with billionaire entrepreneur Nassef Sawiris and satisfied their taste buds with a "delectable soufflé."
Not a bad way to spend the night ... but it probably would have been cozier inside their mansion fit for a king or a queen or both in their case.
Of course, there's plenty of time for Jay and Bey to enjoy their 30,000-square-foot monstrosity in the heart of Malibu's Paradise Cove area ... aka Billionaires' Row ... overlooking the Pacific Ocean.
TMZ broke the story Friday morning about their eye-popping real estate transaction -- which would have been the largest ever residential purchase in the nation if not for someone having bought an NYC apartment for $238 million.
Still though, Jay and Bey's house is a true architectural masterpiece, created by master builder Tadao Ando, who is also designing the house Kanye West bought in Malibu.
Turns out this is Jay and Bey's second big housing purchase in the Los Angeles area ... back in 2017, the couple plunked down $88 million for a Bel-Air mansion and funneled millions more into the home to push it over the $100 million mark.
We covered it all in the latest episode of The TMZ Podcast, available on all podcast platforms.
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Jay-Z Didn't Stab Me in '99, Despite Conviction!!! Victim Finally Speaks Out
Former music exec Lance 'Un' Rivera is clearing the air about his stabbing 24 years ago, saying Jay-Z absolutely did not do it ... and he insists prosecutors got it wrong when they nailed the rapper for the crime.
Rivera, best known for his affiliation with Notorious B.I.G., sat down with "Vlad TV" ... and got candid about the highly-publicized stabbing, for which Jay ended up getting 3 years probation just as his career was blowing up.
Rivera says Jay was in the nightclub on that fateful night, but he's not the one who stabbed him in the back with a large blade -- and adds, everyone knows Jay wouldn't have done something like that. However, he's not saying who actually did it.
This all goes back to December 2, 1999, when Rivera was stabbed leaving a release party for Q-Tip's Album "Amplified." He says Jay and other members of Roc-A-Fella Records approached him and accused him of leaking Hov's "Vol. 3... Life and Times of S. Carter" album.
Witnesses reportedly identified Jay as the stabber, and although he turned himself in to NYPD for questioning, he maintained his innocence.
He was arrested for felony assault charges, and after a 2-year-long legal battle, finally pled guilty in 2001.
Although he avoided prison time, Jay couldn't leave NY state during his 3 years of probation -- a major career hurdle, as it happened after the success of his Grammy-winning '98 album "Vol. 2... Hard Knock Life."
There's always been debate about what actually went down ... with Nas notably stating on his track, "Ether," that Jay-Z took the fall for a friend.
Rivera himself now seems to be adding credence to that theory by stating it wasn't Jay!
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Jay-Z, Beyoncé Purchase Most Expensive Home Ever in California
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Jay-Z and Beyoncé have just snagged one of the greatest architectural masterpieces in the country ... a 30,000-square-foot home in the prime area of Malibu ... and they paid a King's ransom.
Real estate sources tell TMZ ... the couple paid $200 million for the property, making it the most expensive home ever sold in the entire state of California ... eclipsing the previous record of $177 million. It's also the second most expensive real estate deal in the country -- the top being $238 million for an NYC apartment.
They actually got an unbelievable deal ... the home was quietly listed for a whopping $295 million.
The house sits on an 8-acre bluff overlooking the Pacific Ocean in the Paradise Cove area ... AKA Billionaires' Row.
It's also an architectural jewel, designed by Tadao Ando, a Japanese master architect, who is also designing the house Kanye West bought in Malibu.
The house was owned and built by William Bell, one of the biggest art collectors in the world. It took Bell almost 15 years to build the all-concrete structure.
The home is the couple's second massive real estate purchase in the Los Angeles area that we know of ... back in 2017, they purchased a Bel-Air mansion for $88 million, and pumped millions more into the home to push it over the $100 million mark.
Mega-celebrity realtor Kurt Rappaport repped both the buyers and seller. We contacted his office for comment ... so far, no word back.
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FETTY WAP ASKS JUDGE For 5-Year SENTENCE ... In Drug Trafficking Case
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Fetty Wap is begging the judge in his federal drug trafficking case to only sentence him to the mandatory minimum ... but the feds want him to be locked up a lot longer.
According to new legal docs, obtained by TMZ, Fetty is seeking a 5-year sentence after pleading guilty to conspiracy to distribute at least 500 grams of cocaine stemming from his October 2021 arrest.
The rapper's legal team told the judge Fetty "accepts full responsibility for his crimes, but his conduct here does not and should not define him" ... and they attached a bunch of positive letters from family and friends, who say Fetty was just trying to provide for them financially ... by selling drugs.
Uncle Sam sees it differently, though ... in the docs, the feds want Fetty to spend between 87 and 108 months behind bars, claiming he participated in a massive drug trafficking organization that flooded Long Island with cocaine.
The office of U.S. Attorney for the Eastern District of New York Breon Peace also says leniency isn't really warranted here, saying Fetty "has used, and continues to use, his fame, sizeable platform and influence to glamorize the drug trade."
TMZ broke the story ... Fetty Wap was on his way to Rolling Loud New York back in 2021 when the feds apprehended him and several others, accusing them of using USPS trucks to smuggle drugs. The feds say their investigation uncovered 16 kilograms of cocaine.
Fetty pled guilty in August and he's going to learn his fate soon ... because May 24 is his sentencing. It will be interesting to see what the judge decides.
Stay tuned ...
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Tom Brady, Travis Scott Mentor Rookie QBs ... Bryce Young, Will Levis, CJ Stroud
Tom Brady and Travis Scott are sharing some of their immense wisdom ... mentoring a group of star rookie quarterbacks including #1 overall pick, Bryce Young, as they transition from college to the pros.
TB12 and La Flame both found the time to attend a luncheon hosted by Michael Rubin at his L.A. home ... where the trio gave all kinds of advice on business and brand building to CJ Stroud, Will Levis, and Anthony Richardson, in addition to Young.
Video shows Brady telling the guys not to be discouraged, even in the face of adversity, a window into how the 7x Super Bowl champion overcome failure during his legendary career.
Tom also shared one of the keys to his longevity, saying he didn't get complacent with his early success, remembering he was selected No.199 in the sixth round. That allowed him to play more than 20 seasons.
"I just outlasted everybody," Brady said. "There's another me back there. So how do I keep my edge on everybody? I had to keep working. I didn't go, 'Hey, I'm good. I won three Super Bowls.'"
Rubin's message to the guys was simple ... mistakes are a part of the process, but don't let them stress you out ... saying it's all about how you bounce back.
"Every day we're screwing things up," Rubin said. "We've just got to get a lot more right than wrong and keep learning from it ... The tougher s*** gets, the more focused I am."
As for Travis, he drilled home the importance of Young, Stroud, Richardson, and Levis having a core group of people they can rely on daily, and hold them accountable.
Tom, Travis, and Michael ... passing on the wisdom! 👏👏👏👏👏
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Guess Who This Sweet Kiddo Turned Into!
Born in Gary, Indiana ... this adorable, little girl turned into quite the music icon, but before making it big in the music industry, she had big dreams of becoming an entertainment lawyer ... or possibly even a horse racing jockey!
With her musical hits like "Rhythm Nation," this singing machine was one to reckon with during the 1980s and 1990s. And, singing isn't her only forte ... she's got moves for days and knows how to work the stage. And, don't sleep on her fashion game!
Need one more clue? Just talk to her long-time friend Paula Abdul!
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Travis Scott 'Utopia' Briefcase Cuffed To Security ... Teases Upcoming Album
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Travis Scott is inching closer to the release of his first album drop in 4 years, and taking extra precautions to make sure it doesn't leak ... literally handcuffing the damn thing to his muscle-bound security guard.
The rapper was spotted out in Hollywood Thursday leaving a vinyl record spot -- but he wasn't alone -- watched closely by his guard, who flashed a briefcase handcuffed to his own wrist with the word "Utopia" written on it as he held the door open for TS.
This ain't just a cool fashion statement, it's also an insanely creative piece of marketing ... because a source tells us the highly-anticipated album is indeed inside. We're told the whole reveal for Travis' return to music is pretty damn imminent -- sometime this summer.
Another hint Travis is up to something, check out the shoes he's wearing, with "Utopia" on the back ... gotta imagine there's another collab with Nike on the way.
For those unaware, fans have been waiting almost 5 years for Travis to bring out some new music ... and as we reported, he played "Utopia" for the Houston Astros earlier this week ahead of their game against the Cubs -- talk about team perks!
BTW -- producer Mike Dean posted, then quickly took down, a screenshot this week of his editing bay of what appears to be "Utopia," and The Weeknd, who was featured on 2018's "Astroworld," threw up a couple of lollipop emojis before the thing was scrubbed.
Safe to say ... "Utopia" is coming. 👀
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Flavor Flav Fights the Power with WGA Picketers ... Good Vibes, Music & Food!!!
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Flavor Flav is making sure Hollywood writers feel his support during the ongoing WGA strike by putting on a show for protesters outside Warner Bros. studios.
Flav pulled up Thursday in Burbank, and was full of good vibes ... delivering some words of encouragement for those on the picket line, telling them, "[I'm] glad to be here, glad to support. I got ya'll back."
As you know, Writers Guild of America members and their allies have been on the ground picketing at the major studios for weeks ... demanding fair pay and protections against AI.
Several other celebs have joined in the fight and shown their support, and Flav is yet another.
The rapper and reality TV legend was joined by other famous faces including Jason Sudeikis and his "Ted Lasso" team ... and Quinta Brunson and the folks behind her hit series "Abbott Elementary".
Flav didn't come empty-handed. We're told, he brought 25 Prince Street pizzas, 100 burgers from Irv's Burgers, and Liquid Death Water.
Flav didn't leave without performing for the strikers -- he was in super high spirits as he rapped along to Public Enemy's protest anthem, "Fight the Power." Talk about a perfect fit!
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'White Men Can't Jump' Remake Dedicated To Lance Reddick ... After Actor's Death
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The "White Men Can't Jump" remake -- starring Jack Harlow -- will pay tribute to Lance Reddick by dedicating the upcoming film to the late actor, following his sudden death.
TMZ Sports is told ... the film, a remake of the original 1992 flick, featuring Reddick in one of the leading roles, will receive an on-screen dedication ... after the actor passed away in March due to heart disease.
Reddick, best known for his work on HBO's The Wire and the John Wick movie franchise, plays a character named "Benji."
Of course, Wesley Snipes and Woody Harrelson starred in the OG White Men Can't Jump in 1992, and became an instant classic.
Charles “Calmatic” Kidd II, the Grammy-award-winning director of the remake, recently raved about working with Reddick while talking to the LA Times.
"As director, it was weird because I’m so used to giving actors notes. But for [Lance], I was like, “Man, I don’t have any notes. That was damn near perfect.” So I think what I learned from him was the importance of prep."
"I feel like when he came onto the set, he was just so prepared and knew exactly what to do and knew all the nuances of his character that he just knocked [it] out the park the first time. I don’t think we realize how good we had it for him to be a part of this film."
Harlow also recently opened during the movie's premiere about what it was like working with Lance, saying it "was an absolute pleasure to be around" him.
Reddick was 60 years old.
The movie hits Hulu on Friday.
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Rick Ross My Car Show 'Cant Be Stopped!!!' Still a Go After Permit Issue
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Rick Ross is going toe-to-toe with Fayette County over his 2nd annual car show ... telling us denying him a permit isn't gonna stop him from throwing the event for thousands of fans.
The hip hop mogul assures us the car show will go down exactly as planned on June 3 on his Promised Land estate in Fayetteville, GA, and he's called in backup -- some event planning experts -- to ensure his neighbors can rest easy.
Fayette County recently rejected Ricky Rozay's permit, saying the car show is not in compliance with the county's zoning ordinances, adding last year's show -- a huge success in Rick's eyes -- happened without County approval.
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Regardless, Rick's full steam ahead, and is likening the whole thing to a front yard BBQ -- one with about 7,000 folks in attendance! He says he didn't hear any complaints after last year's show, but some neighbors have now been voicing their concerns.
If you're wondering if this is all about the County wanting a slice of Rick's financial pie ... he ran down all the ways his car show is an absolute cash cow for Fayette County and its businesses.
BTW, Rick announced he's exploring a run for mayor of Fayetteville after the whole permit roadblock came up, and he breaks down why he'd be the perfect candidate.
You can see the full interview with Rick -- including some shade thrown at County officials -- on Thursday's episode of "TMZ Live."
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SHY GLIZZY EX-GF CLAIMS HE THREATENED TO KILL HER AND HER FAMILY
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Shy Glizzy's ex-girlfriend claims he's threatening to kill her, her family, her friends, and any man she dates in the future ... and now she just got court-ordered protection.
The rapper's ex, who works as a model, makes the shocking claims in her request for a restraining order against him ... telling the judge he's been threatening her ever since she broke things off with him.
According to the docs, obtained by TMZ, the gf claims Shy has repeatedly told her he will kill her and her mother. She says he's been making the threats ever since she broke up with him in April ... and she says he sent her a text message that said, "Ima f*** ya life up."
Shy's ex claims she started dating Shy in December but broke up with him on April 28 because she says he has "anger issues." She says Shy did not take the breakup well and things reached a head on May 13, when he was arrested for allegedly threatening her.
In the docs, the ex claims on May 13 she was driving around Los Angeles and noticed Shy was following her. She says she was stopped at a red light when he got out of his car and approached her car, banging her car with the handle of a gun. She says she drove away but he followed her and tried to run her off the road, hitting her car with his car and causing damage.
For those of you searching Twitter for updates on Shy Glizzy, here is the video from today. 🎥 streetpeopleofbeverlyhills on IG pic.twitter.com/ofqRtbF6Pl
— Sandy 🇺🇸 (@SandyAtkins_) May 15, 2023 @SandyAtkins_
TMZ broke the story ... Shy Glizzy was arrested on May 13 on a felony charge of making criminal threats after his ex told police he pulled a gun on her.
The ex claims she's told Shy to stop contacting her, but she says he keeps messaging her, threatening to kill her, and post explicit pictures and videos of her without her consent in what she believes is an attempt to ruin her modeling career.
Shy Glizzy's ex also claims he texted her best friend, "Imma get her a** beat."
The judge granted a temporary restraining order ... and now Shy Glizzy has to stay 100 yards away from his ex and he's barred from contacting her. The judge also prohibited Shy from posting or distributing any explicit photos or videos he may have of the two.
We reached out to Shy Glizzy's camp ... so far no word back.
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Busta Rhymes 'Can't Do No Wrong' on New Album!!! Swizz, Tim & Pharrell with Me in Studio
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Busta Rhymes is feeling more like King Midas these days, 'cause he says everything he touches is basically turning to gold ... and his new album should be no different considering the heavy hitters he's got on board.
TMZ Hip Hop caught up with Busta late Tuesday night in NYC as he was leaving Quad Recording Studios ... and it was obvious he was excited about what was going on inside.
The Brooklyn MC confirmed Timbaland, Swizz Beatz, and Pharrell Williams are joining him to executive produce the upcoming album -- and he says he's feeling "amazing" about the year he's having.
This will be Busta's 11th solo studio album -- check out the clip, even he's losing count -- and he says after more than 3 decades, he's still excited to work with new artists.
He said he's also feeling blessed to hang with some fellow legends recently ... having performed gigs with Diddy, Pharrell, Janet Jackson, and Mary J. Blige in the last few weeks -- and on top of that, he's going on tour this summer with 50 Cent.
Music aside, Busta says he's also coming off the high of Mother's Day weekend -- he spent time with Moms, of course, but also celebrated a milestone for one of his kids. The usually bombastic MC was more like an everyday proud pop ... as she shouted out all four of his kids for their success.
Bus-a-Bus will be raising a glass to his 51st birthday later this week, and here's hoping the celebration includes a taste of his new music!!! 🥂