Beyonce and Jay Z lose bid for Beverly Hills most expensive property as billionaire Minecraft creator snatches it up for $70m

December 19, 2014 8:10 AM

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Beyoncé and Jay Z had their eyes set on the lavish Beverly Hills compound and were reportedly 'on the verge of closing a deal' earlier this month after visiting the home six times.

But according to TMZ, Swedish billionaire Markus Persson - who created the video game Minecraft - managed to outbid the music super couple and secured the estate for himself for a record $70 million.

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