Jeff Bezos and Lauren Sánchez are reportedly dropping more than half a million dollars a month to shack up at Kenny G’s Malibu home.
The Amazon founder, 59, and the former news anchor, 53, pay the famed saxophonist, 66, $600,000 a month to rent his 5,500-square-foot house, TMZ reported Wednesday.
The estate, which consists of a large backyard, pool, screening room, recording studio and 3,500-square-foot guesthouse, reportedly came unfurnished, so Bezos and Sánchez also had to cough up additional funds for the interior.
According to the report, the newly engaged couple have been living at the property since March — when they’re not coasting the Mediterranean Sea on their $500 million mega-yacht.
Reps for Bezos did not immediately return Page Six’s request for comment or confirmation on the business mogul’s rental price tag.
However, paying $7.2 million a year in rent would be chump change for the third richest man in the world.
Bezos has a reported net worth of more than $142 billion. He has reportedly spent $175 million of that fortune on a new home with Sánchez.
The 10-acre estate in Beverly Hills, Calif., is currently under construction while the pair travel the world together and reside temporarily in Kenny G’s lavish pad.
It features a guesthouse, a gym, a pergola and a separate house for security.
Bezos bought the Beverly Hills property in 2020, and he also owns the $10 million home next door.
The investor’s wallet also recently became about $2.5 million lighter when he proposed to his new fiancée with a 20-carat diamond ring.
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Page Six exclusively reported that Bezos popped the question earlier this month after dating Sánchez for five years.
The couple have not commented on their wedding plans yet or whether they plan to sign a prenuptial agreement.
However, it is expected that Bezos will ask his future wife to get a prenup since he did not have one with ex-wife MacKenzie Bezos and had to pay her a reported $38 billion in their divorce settlement.
An attorney exclusively told Page Six recently that Sánchez could stand to make at least $1 million for “every year married” and a multimillion-dollar residence as part of the deal.