It looks like Jay Z and Beyonce aren't having the best of luck in their search for a new L.A. home. According to TMZ, their real estate sources say the couple were outbid by designer/director Tom Ford. Apparently Tom offered $50 million for the Beverly Hills mansion, which outbid Bey-Z's $49 million.
That has to suck as the estate has been said to be pretty nice: 14,000 square feet, sitting on 3.2 acres, with 9 bedrooms, and 10 bathrooms.
The couple has probably joked with Ford about the matter as they both have been supportive of the brand with Jay having a song titled "Tom Ford" and Bey sporting custom made Tom Ford pieces on tour. Jay and Bey lost out on another bid in 2014 to Minecraft creator Markus Persson.
Hopefully they will find their new estate soon!