Beyoncé and Jay Z Can Own Anything They Want—Except This Mansion

Beyonce and Jay Z in 2014
Beyonce and Jay Z attend the 'Charles James: Beyond Fashion' Costume Institute Gala in New York, May 5, 2014. The couple were reportedly outbid on an LA mansion. Neilson Barnard/Getty

Beyoncé once boasted that she and husband Jay Z are worth a billion dollars, but there are some things that even music's most powerful couple can't buy—like a Beverly Hills mansion.

TMZ reports the A-list couple bid $49 million on a prospective home in Los Angeles but were outbid by fashion designer, and sometime-filmmaker, Tom Ford, who picked up the property for just $1 million more.

The irony, of course, is that Jay Z counts Ford as one of his favorite designers and even penned the song 2013 song "Tom Ford," taken from his Magna Carta Holy Grail album, in his honor. "I don't pop molly, I rock Tom Ford," Jay rapped.

The 4,000-square-foot property is said to boast nine bedrooms and 10 bathrooms. It was previously owned by James Bond film producer Albert Broccoli.

Beyoncé and Jay Z looking for a new house together appears to suggest all is well in their marriage, following speculation of infidelity sparked by the release of the singer's sixth studio album Lemonade in April.

One track, "Sorry," that referred to a love rival dubbed "Becky with the good hair," prompted Beyoncé's loyal Beyhive to target various female associates of Jay Z including fashion designer Rachel Roy and his one-time protégée Rita Ora.