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Report: Jay-Z And Beyonce Paid Cash For $200 Million Home

According to TMZ, Jay-Z and Beyoncé bought their new Malibu, Calif., compound entirely in cash. They dropped $200 million on the estate, which officially made it the most expensive home ever purchased in the state. The contract is also said to be the second most expensive in the history of US real estate, as a New York City apartment previously sold for $238 million.

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