Jeff Bezos is reportedly buying a nine-acre Beverly Hills estate for $165 million.
Jeff Bezos is on a shopping spree befitting the world’s richest man. The Amazon.com Inc. founder agreed to pay $165 million for a Beverly Hills mansion on nine acres, according to a person with knowledge of the matter, setting a record for a Los Angeles-area home. The property designed for Hollywood film titan Jack Warner in the 1930s was described by Architectural Digest in 1992 as the “archetypal studio mogul’s estate," built in Georgian style with expansive terraces and its own nine-hole golf course. It’s emerging just days after regulatory filings showed Bezos cashed out $4.1 billion of Amazon shares and comes amid reports that he’s also entered the art market. He reportedly set a record for artist Ed Ruscha at a Christie’s auction with a $52.5 million purchase of “Hurting the Word Radio #2" in November and also bought “Vignette 19" by Kerry James Marshall for $18.5 million. The purchase of the Warner estate, described by the person on condition they...