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This Beyoncé Moment Caused a 979% Spike -- Here’s What Happened
BEL AIR, LOS ANGELES, CALIFORNIA, JUL 22 – Jay-Z and Beyoncé’s new $57.75 million mortgage raises total debt on their Bel Air mansion to $110 million with monthly payments around $310,000, amid ongoing property tax costs.
- Recently, Jay-Z and Beyonce took out a 30-year, $57.75 million mortgage through Morgan Stanley Private Bank at 5% for the first decade, bringing total borrowing to $110 million.
- Despite their billionaire status, they turned to refinancing; the reason remains undisclosed and Beyonce must tour to cover debts.
- Together, these obligations surpass $410,000 monthly, highlighting the estate’s carrying costs on the Bel Air estate.
- Critics questioned their wealth following the announcement this borrowing ranks among California’s largest residential mortgages, and it prompted online backlash from Nicki Minaj fans.
- Since April of this year, Beyonce has been on her 'Cowboy Carter' world tour, which concludes with Las Vegas shows on July 26 and 27.
13 Articles
13 Articles
Beyoncé is blueprint—and the economy agrees
I am a huge Beyoncé fan. Point-blank. Period. But it’s not the music that moves me. It’s the fact that she’s more than an entertainer. She’s an economic force. Since the launch of her Cowboy Carter tour on April 28, Beyoncé has done more than sell out stadiums. She’s flipped entire city economies on their heads—and the numbers prove it. Beyoncé became the first woman — and only the second artist ever after George Strait — to cross the $17 milli…
Hotter Than A June Bug In July! A Gallery Of Purrrty Darlins Who Looked Mighty Fine At Yeehaw Yoncé’s Cowboy Carter Tour, Vol. 3
Hotter than a june bug in July! Source: IG: @Dorshizzle We’re back with another helpin’ of purrrty darlins who turned heads while serving a whole heap of slay at Yeehaw Yoncé‘s world-stoppin,’ stadium-rockin’ Cowboy Carter Tour. Produced by Parkwood Entertainment and promoted by Live Nation, the SWEET ★ HONEY ★ BUCKIIN’ spectacular recently moseyed on down to Queen Bey’s hometown Houston before stopping in Atlanta for an electric 4-night run wit…
Money Trouble? Jay Z & Beyonce Take Out 2nd Mortgage On Mansion!
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…
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