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Jeff Bezos just dropped $165 million on a new Beverly Hills mansion
The world's richest man is on a real estate binge. Amazon CEO Jeff Bezos paid $165 million to buy a Beverly Hills mansion belonging to Hollywood mogul David Geffen, a source familiar with the transaction told CNN Business. The news was first reported by the Wall Street Journal. That isn't the Amazon founder's only Los Angeles purchase. According to the source, he shelled out another $90 million to buy a plot of land near the mansion from the estate of Microsoft co-founder Paul Allen, who died in 2018. That deal was made by Bezos Expeditions, an entity that controls several of Bezos' other investments including The Washington Post and space company Blue Origin, the Journal reported.