Jay-Z and Beyonce are based in New York, but it seems they have found a place to stay on the West Coast. The power couple are rumored to have bought up Cher's Malibu mega mansion for an astonishing $40+ million.
Cher's home, which was built in 2002, boasts a sprawling 13,000 square feet, features six bedrooms, a theater, and a guesthouse. There's also a massive pool, tennis court, and underground garage included with the home.
The "Believe" singer appeared on Ellen last week, claiming that her Malibu mansion wasn't up for sale, and property records have yet to reflect a sale.
Source: rumorfix.com
