Mansion Global: Beverly Hills mansion donated to charity by Jeff Bezos ex-wife MacKenzie Scott sells for $37 million

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It was owned by Jeff Bezos, donated to charity by his philanthropist ex-wife MacKenzie Scott and now it’s been snapped up by a music executive. The recent history of this Beverly Hills mansion, just sold for $37 million, might just be its most interesting amenity. 

The almost 12,000-square-foot spread was acquired by the multibillionaire Amazon AMZN, -2.28% founder and his ex-wife in 2007, when they paid close to $24.45 million for it, records with PropertyShark show. 

Following their divorce in 2019, Scott acquired full ownership of the home, which she went on to donate to the California Community Foundation this summer.

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Now, record producer Mike Caren, who has worked with Beyoncé and Bruno Mars, is the home’s new proprietor, records show. He could not be reached for comment.

Of the $37 million Caren paid for the home in November, 90% is set to go to the foundation’s affordable housing grantmaking and the remainder “will be used to support its immigrant integration program to advance opportunities for the millions of immigrants from throughout the world who call Los Angeles County home,” CCF said in a news release when Scott’s donation was announced in August. 

Details of the home, which never came onto the open market, are scarce.

There are seven bedrooms, seven bathrooms and amenities such as a movie theater, terraces and parking for upwards of 12 cars, according to Dirt, which first reported the sale. 

“We are grateful to MacKenzie Scott for investing in our community,” CCF said. “Through the sale of this home CCF will have the resources needed to be able to grow our reach in the community and provide additional grants to nonprofits in L.A. County that are building affordable housing or are advocating on behalf of tenants.”

CCF’s mission is to “lead positive systemic change that strengthens Los Angeles communities.” Since 2000, it has received nearly $3 billion in donor contributions and given out more than $2.5 billion in grants, making it the fourth largest community foundation in the U.S. based on total giving, according to its website. 

More: Jeff Bezos pledges to give most of his $121 billion fortune to charity, but says philanthropy is ‘really hard’

This article was originally published by Marketwatch.com. Read the original article here.

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