Billionaires Jay-Z and Beyoncé raise eyebrows as they make a curious move on their $88M Bel Air mansion …a SECOND mortgage?

Rekkapryde

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Jay could really use that 9200 bricks right about now :troll:

Fixed
full
 

Oatmeal

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Well the show was good. I think she made like >$500m summer 2023; I’m sure she’ll make a lot with this tour as well.
They better start treating those tours like a GoFundMe, have her fans donate money after buying a ticket:sas2:.......free game
 

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I know we like to pretend everything rich people do is a 4D chess move but it’s very fair to believe there’s some money or liquidity issues going on in that camp.

Roc Nation has been bleeding money (insane overhead, a lot of high salaries for do nothing jobs) for years and isn’t in the greatest shape. They are a part of a bid to get a Caesar’s Palace casino in Times Square, which is their Hail Mary to get out dumpster.



Obviously they’re far from broke, but wealthy people aren’t going back to the well over and over to take on $100 million in debt on a mortgage if they have other viable options for capital.
 

King_Kamala61

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ANYTHING would be worth more than this :mindblown:
They already got property and homes. Hell they had a refurbished church turned home in NO in the Garden District.

Jay-Z only has only 1 high value art piece in his collection and it Jean-Michel Basquiat. He can get at least 8 more Basquiat's with what they paying.

Hell even a fukking Picasso or Van Gogh or Twombly or All members of the Harlem Renaissance.

His portfolio can't be that nice where they spending cash like this.
 

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Tempted to bump the thread about Mark Zuckerberg having a mortgage

The replies should be interesting compared to this thread
I’ll grant you this but when you see Bezos cashing out every few years its for paltry amounts like a few hundred million …and a few billion occasionally just so he has cash on hand



If Bezos is doing this just for pocket cash…what do you think Hov has on HAND? :gucci:
 
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