August 5, 2025

Malibu mansion

Mortgage

Beyoncé and Jay-Z just took out a massive mortgage on their $88M Los Angeles mansion

Even the most powerful couple in music has a mortgage — or two. Beyoncé and Jay-Z took out a $57.75 million mortgage on their Bel Air mansion in Los Angeles, the Daily Mail reported. The superstar pair boasts a combined estimated net worth of $3 billion and an impressive real estate portfolio on both coasts,

Read More
Investors

He sold investors on a new app, but spent the money on cars, his Malibu mansion and yacht, feds say

A Malibu man has been convicted of fraudulently obtaining an estimated $25 million in investments in his tech company and using the funds to finance a lavish lifestyle that included a Rolls-Royce, mansion by Carbon Beach and yacht, authorities said. After a nine-day trial, Bernhard Eugen Fritsch, 63, was found guilty of one count of

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline