LOS ANGELES– Power couple JAY-Z and Beyoncé are facing a wave of online speculation after reports surfaced that they secured a $57.75 million mortgage on their Bel-Air estate—despite their billionaire status.
The new loan, tied to their 30,000-square-foot mansion purchased in 2017 for $88 million, adds to their existing $52.8 million mortgage through Goldman Sachs, bringing the total to approximately $110.55 million, according toDaily Mailreports.
News of the updated 30-year mortgage sparked debate on social media, particularly among Nicki Minaj fans, who used the development to question the Carters’ financial standing. This follows recent public tensions between Minaj and JAY-Z’s Roc Nation.
One fan wrote on X (formerly Twitter), “Nicki is ‘broke and touring for free’ for taking out a loan but when Jay Z and Beyoncé do it, they’re strategic and money smart?” Another added, “So Jay Z and Beyoncé are broke now? No wonder Jay Z stole Nicki Minaj’s money and Beyoncé is touring so often.”
Despite the online chatter, financial analysts suggest the mortgage is likely a strategic refinancing move aimed at freeing up liquidity for new investments or business ventures.
Supporters of the couple were quick to push back against the criticism. “Y’all really think Beyoncé & JAY-Z are broke? The same couple that paid cash for a $200M Malibu home last year? Stop it,” one user responded.
Indeed, in 2023, the Carters reportedly purchased a Malibu property in an all-cash transaction—one of California’s most expensive residential real estate deals.
Beyond their music empires, the couple has a combined estimated net worth of between $3 billion and $4 billion.
Their assets include Beyoncé’s Parkwood Entertainment, JAY-Z’s Roc Nation, significant stakes in companies like Uber and D’ussé, and a multimillion-dollar fine art collection.
Source: Thezimbabwemail
