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Amazon CEO buys historic Warner Estate for $165 million


Amazon CEO Jeff Bezos, the world’s wealthiest person with homes around the world, is adding to his real estate portfolio. 

Bezos has purchased the historic Warner Estate in Beverly Hills from medial mogul David Geffen for an eye-popping $165 million in what is believed to be a record deal for Los Angeles, the Wall Street Journal reported Thursday.

Geffen purchased the 9.4-acre estate in 1990 for a reported $47.5 million. The legendary estate is also known as the Jack Warner Estate, built by the former head of Warner Bros. Studio in 1937.

The Journal also reported that Bezos bought a plot of land from the estate of Microsoft co-founder Paul Allen for $90 million.

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This story is developing and will be updated.

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko





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