Though the deal was done off market, TMZ is reporting that West has doled out $35 million for his new villa, which is roughly $10.5 million more than its previous owner paid for the home back in early 2022. Originally built for Perfect 10 magazine founder Norm Zada in 2000 and designed by celebrity architect Richard Landry, the contemporary structure was also owned at one time by the late Sheikh Saleh Abdullah Kamel, a prominent Saudi banker who rose from humble beginnings to become one of the Arab world’s wealthiest men.

Per TMZ, Gigi Gharai of Coldwell Banker Real Estate represented the seller, with Jacob Greene of Douglas Elliman handling the deal for Kanye.