His $175 million Beverly Hills home is under construction – so Jeff Bezos and his fiancé Lauren Sanchez have to find somewhere else to live. The choice fell on the mansion of saxophonist Kenneth Gorelick, who demands $600,000 a month rent – without furniture.
Ever since Amazon founder Jeff Bezos withdrew from his company, he has become more and more of a bon vivant. Why not? Despite Bezos going through one of the costliest divorces in history, Forbes estimates his net worth at around $147 billion. So the 59-year-old still has enough money to spend his retirement with dignity.
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But good things take time: After he was finally able to receive his mega yacht “Koru” after years of waiting, the construction work on his 175 million dollar house is still going on. Until the former Jack Warner Estate is finished, he and his fiancée will have to endure elsewhere.
Jeff Bezos and Lauren Sanchez are temporarily residing in Malibu
According to “” the choice fell on the mansion of Kenneth Gorelick, better known as Kenny G. It is located directly on Little Dume Beach in Malibu, California. Los Angeles isn’t far from there, but it’s a different world – a Mecca for the rich and famous.
“Multiple sources,” writes “TMZ”, have confirmed that Jeff Bezos and Lauren Sanchez are paying around $600,000 in rent for the house. Every month. And even without furniture. Rumor has it that Kenny G had all of his interior decor moved to a warehouse so Bezos and Sanchez could decorate the house themselves.
Broken down to hours and days, it only becomes clear how absurdly high the rent actually is. With an average of 730 hours per month, it costs $822 per chime to live there. Almost 20,000 US dollars are incurred per day. This plays in a league with the most expensive hotels in the world – just without the service.
A house like in “Two and a Half Men”
After all, the two have plenty of space. The house offers 510 square meters of living space and stands on a 10,000 square meter lot. In the house there is of course a pool, a cinema and a recording studio. In addition, a guest house with 325 square meters of living space is available. “TMZ” writes that access to said beach, Little Dume Beach, is hardly possible without a house on the cliffs. So a small piece of quasi-private stand is included in the price.
For landlord Kenny G, it’s an amazing deal. He bought the home in 1998 for $12.5 million and the neighboring property two years later for another $3 million. Based on the purchase price, around 7.2 million US dollars in rental income per year is really good.
In case you’re wondering how a (very successful) soprano saxophonist got so much money: Kenny G met Howard Schultz in the early eighties and invested in his small coffee house chain very early on. When the company called Starbucks eventually went public, Gorelick made a lot of money.
Source: Stern
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
