Jay-Z and Beyoncé are preparing a major expansion of their real estate empire, setting their sights on a sprawling countryside estate in England’s Cotswolds. The power couple, recently named the richest celebrity duo, has secured planning permission for what local reports describe as a spectacular rural estate on 58 acres near Wiggington.
The move would place the Carters close to Great Tew, an area known for attracting celebrities. Sources revealed the pair have visited popular local spots, including the Burford Garden Centre, as they prepare for what could be their new European base.
Community reaction split over celebrity move
Not everyone in the neighborhood is welcoming the high-profile couple. A local resident told MailOnline he had no interest in their arrival and admitted his wife did not even recognize them. Meanwhile, an employee at the Falkland Arms pub in Great Tew told The Times that regulars fear the Carters’ presence could change the atmosphere of their quiet clientele.
Friends of the couple said the idea of a UK base emerged after wildfires in Los Angeles raised concerns about safety. One insider explained that Beyoncé admires the UK because of the strong support she receives from fans there, and that the family wants land and space for privacy.
Although Los Angeles will remain their main home, the Cotswolds is now firmly on the agenda. The couple has already stayed in the area several times and is even open to short-term rentals before committing to a permanent residence.
Jay-Z and Beyoncé’s multimillion-dollar property empire
The potential UK mansion would add to the Carters’ already staggering list of luxury estates. In 2017, they rented the 12,000-square-foot Malibu property La Villa Contenta for $400,000 a month shortly after Beyoncé gave birth to twins Rumi and Sir.
That same year, they purchased a 30,000-square-foot Bel Air mansion for $88 million, featuring four pools, 11 bathrooms, and a 15-car garage. In 2023, they shattered records with the $200 million purchase of a 40,000-square-foot Malibu estate, the most expensive residential sale in California history.
Financial records reveal that the couple carries two enormous mortgages on their Bel Air mansion. One is worth $57.75 million with Morgan Stanley Private Bank, while the other stands at $52 million with Goldman Sachs. Combined, the loans cost the Carters over $500,000 a month, not including taxes.
An insider close to the couple emphasized that Beyoncé wants touring life to feel as normal as possible for their children, which is why luxury hotels are not ideal. A rural estate, according to the source, would provide the privacy, comfort, and stability they are seeking.
For now, the planning approval confirms the Carters are serious about their UK expansion. But as construction plans take shape, locals remain divided on whether global superstars moving in will transform their quiet countryside into a spotlight destination.
Jaja has a degree in journalism and took classes in international law and business communication. Her career spans roles at prominent international media outlets, including International Business Times, Celebeat and Delightful Philippines. As a news editor, Jaja covered a wide range of beats, including legal, business, economy, cryptocurrency, personal finance, gaming, technology, and entertainment.