Jeff Bezos has reportedly broken California's record for the most expensive home sale of all time with his purchase of a $165 million Beverly Hills mansion

Jeff Bezos

Amazon CEO Jeff Bezos has reportedly purchased a Beverly Hills mansion for $165 million, setting a record for the most expensive home sold in California.

According to a report from The Wall Street Journal's Katy McLaughlin and Katherine Clarke, Bezos bought the home of media tycoon David Geffen, a sprawling estate that was originally built for former Warner Bros. executive Jack Warner.
Last week, multiple reports said that Bezos and his girlfriend, Lauren Sanchez, were house-hunting in Los Angeles, reportedly touring mansions throughout the area. Bezos has reportedly been seaching for the last year.

A spokesperson for Amazon did not immediately respond to Business Insider's request for comment on the purchase.

The property, which has been described as a "party palace," was designed in the 1930s. It features a 13,000-square-foot mansion, two guest houses, a tennis court, a swimming pool, and a nine-hole golf course. It also includes a "motor court" that has its own garage and gas pumps, according to Architectural Digest.

Geffen bought the estate in 1990 for $47.5 million. Bezos' reported purchase eclipses the last record set in the LA-area - the $150 million purchase of the Chartwell estate by Lachlan Murdoch in 2019.

Bezos and Geffen are known to be friendly: the Amazon CEO was spotted partying onboard Geffen's megayacht with Sanchez, Lloyd Blankfein, and Karlie Kloss off the coast of Spain last summer. Exclusive FREE Report: 30 Big Tech Predictions for 2020 by Business Insider Intelligence