Jay -Z and Beyoncé lose bidding war to Tom Ford on this mansion!
Jay-Z and Beyoncé
lose out on another LA home, and this time it's to Tom Ford.
A mansion in Beverly Hills has got stars taking out their cheque books and bidding their fortunes on this beautiful home.
It was a battle of who is willing to spend the most of opulence and Tom Ford won the bid, offering $50 million on a Beverly Hills mansion ... he edged out Jay and Bey, who bid $49 million, reported TMZ.
The beautiful estate is said to be 4,000 square feet, sitting on 3.2 acres and has 9 bedrooms, and 10 bathrooms. It was built in 1934 and owned by the rich and famous, including actor William Powell and 'James Bond' producer Albert Broccoli.
Photographs sourced from: Mail Online ( http://www.dailymail.co.uk)