Amazon founder Jeff Bezos, who is also the world’s richest man, has recently bought the Warner Estate in Beverly Hills for whopping $165 million.

The deal marks the latest residential record for the Los Angeles area.

Previously, the record was set by media executive Lachlan Murdoch, who paid approximately $150 million for Chartwell, a Bel Air estate. The property was used as the Clampett residence in the popular television show ‘The Beverly Hillbillies,’ Reuters report stated.

Bezos’ 9.4-acre Beverly Hills estate was previously owned by media mogul David Geffen since 1990, who had purchased it for $47.5 million.

The property was initially designed for Hollywood film titan Jack Warner in the 1930s. Built-in Georgian style, the property was described as ‘archetypal studio mogul’s estate,’ by Architectural Digest in 1992.

As per the reports, Bezos and his girlfriend have been hunting for a home for the past year. However, it was not immediately known if the duo plans to make the Warner estate as their primary residence.

(With input from agencies)