Bezos buys most expensive property in Los Angeles with 0.126% of his net worth

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Amazon CEO Jeff Bezos, the world’s wealthiest person, has reportedly bought the most expensive property in Los Angeles from media mogul David Geffen for $165 million, equivalent to 0.126% of his $131.3-billion net worth. The 9.4-acre Warner Estate was designed for late Warner Bros Studio chief Jack Warner in 1930s. It features guesthouses, tennis court, swimming pool and a golf course.