Amazon CEO Jeff Bezos has purchased the Warner Estate from media mogul David Geffen for a record-setting $165 million, according to people familiar with the matter.
The whopping number breaks a purchasing record set late last year by media executive Lachlan Murdoch, who paid around $150 million for the Chartwell Estate.
The Warner Estate was first designed in the 1930s for Jack Warner, the late former president of Warner Bros. The property, located on nine acres in Beverly Hills, has gardens, several guest houses, a tennis court, and its own nine-hole golf course.
Geffen originally bought the property for $47.5 million in 1990.
In addition to the sprawling manor, Bezos also bought a plot of land from the estate of Microsoft co-founder Paul Allen for $90 million.