Popular Hollywood couple Beyonce Knowles and Jay Z, who earlier moved into a $400,000-a-month Malibu mansion, will reportedly stay there until September. They are struggling to find a permanent home for themselves.
According to sources, Jay Z and Beyonce have been searching for their perfect family home for several years, but have failed to find a place that meets their needs for their $75 million budget, reports tmz.com.
The couple reportedly welcomed twins earlier this month.
They plan to stay in Malibu for the summer, as their daughter Blue Ivy is enrolled in a school elsewhere.
The source said: "They want a super baller, crazy estate, and the ones they love are going for $150 million.
"They have seen just about everything that's on the market and nothing in their price range is floating their boat."