The daily gossip: Jay-Z and Beyoncé buy most expensive California home ever sold, Auli'i Cravalho won't reprise Moana in live-action remake, and more

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Beyonce and Jay-Z
(Image credit: Kevin Mazur/Getty Images for Global Citizen Festival: Mandela 100)

1. Jay-Z and Beyoncé buy most expensive California home ever sold

Baby, I can feel your escrow. Jay-Z and Beyoncé are plunking down a mind-boggling $200 million on a 30,000 square-foot home in Malibu, which is now the "most expensive home ever sold" in California, as well as the second most expensive real estate deal in the entire United States, TMZ reported. The previous record for the most expensive California home ever was $177 million, while the top real estate deal in the U.S. is still $238 million for a New York apartment. The power couple previously bought an $88 million Bel-Air mansion in 2017. Their new place, an "all-concrete structure," was designed by Japanese architect Tadao Ando, TMZ said. It was reportedly listed for $95 million more than Jay-Z and Beyoncé paid, meaning they saved enough money to finance roughly 15 seconds of the next "Avatar" film.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.