February 11, 2016 | Updated at 09:10 PM EST The Latest Entertainment & Celebrity News

Beyonce Buys Cher's House, $45 Million Malibu Mansion for Blue Ivy & Jay-Z (PHOTOS)

Beyonce lived up to her nickname "Queen Bey" and purchased a massive home fit enough for royalty from another diva. See the photos

By Sonya Magett, EnStars on May 10, 2013 01:20 PM EDT
facebook tweet this pin it plus
Sign Up for Newsletter
Beyonce
Beyonce (Photo : H&M)

Beyonce lived up to her nickname "Queen Bey" and purchased a massive home fit enough for royalty from another diva.

The 31-year-old bought a $45 million mansion located in Malibu from legendary singer Cher.

The Academy Award-winning singer and actress first put the lavish home on the market in 2008 but shortly after decided she wasn't ready to part ways with the luxurious pad. Cher put the home in the real estate market agan in March and the Halo singer quickly snatched it up, according to Hollyscoop.

The Malibu mansion is situated on top of a hill that oversees the Pacific Ocean. The 13,126 square-feet home reportedly has seven bedrooms, nine bathrooms, a gym, theater, tennis court, pool and an adjacent guest house.

See the aerial photos of Beyonce's new Malibu mansion here 

Enstars reported that 2012 was such a successful fiscal year for Beyonce due to her several mega deals, including the $50 million Pepsi partnership. With her success she decided to spoil someone other than her daughter Blue Ivy Carter and her husband, Jay-Z.

The Grammy-winner bought her mother, Tina Knowles, a lavish mansion in their native city of Houston in January for $5.9 million. The sale price is considered a steal as the original asking price was nearly four times more that the price she is paying for it. Three years ago it was up for grabs for $20 million. The palatial home is located in Houston's prestigious Piney Point village area and contains six bedrooms and 16 bathrooms. 

Forbes ranked Beyonce No. 32 in their Power Women List and No. 16 on their Celebrity 100 list. According to Forbes, the Houston native earned $40 million between the summer of 2011 and the summer of 2012, and this was before she struck her $50 million deal with Pepsi.

© 2016 Enstarz, All rights reserved. Do not reproduce without permission.

Tagged :   Beyonce
  • SEARCH ENSTARS

Latest News

Hawaii Five-0

Three 'Hawaii Five-0' Sneak Peeks! Valentine's Day Goes Hilariously Wrong

Chin, McGarrett, and Grover try to take on romance, and Cupid punches them in face.

Finding Carter

'Finding Carter' Petition Gains A Good Haul Of More Signatures

The petition to renew 'Finding Carter' is still active and speeding up signatures.

Reign

Find Out When 'Reign' Will Return With New Episodes

A date has been announced for 'Reign's' return with new episodes.

Gilmore Girls

Find Out How Many 'Gilmore Girls' Episodes Jess Feature In!

Milo Ventimiglia dishes on Jesse's character arc and exactly how long the former rebel will feature.

Outlander

Get Your First Look At Claire & Frank's 'Outlander' Reunion

Frank and Claire will find each other once more, but don't expect both parties to be overly thrilled with the situation.

'Party Down South' cast

Santana's Arrival Stirs Up New Drama On 'Party Down South'

All hell is about to break loose in Savannah.

Marty & Hagan on season 28 of 'The Amazing Race'

Marty & Hagan Hope Being 'Off The Radar' Will Help Them On 'The Amazing Race'

The mother/daughter team think being less famous could be an advantage.

Lip Sync Battle

Watch Eva Longoria Lip Sync 'Low' By Flo Rida

The actress is on tonight's episode of the popular Spike TV series and really gives it her all.

Democratic Debate

How To Live Stream Tonight's Democratic Debate In Milwaukee For Free

Here's how to view Hillary Clinton and Bernie Sanders preaching their candidacy in tonight's PBS debate.

Real Time Analytics