Jay Z Just Got Outbid For His Dream Home By A Guy He Rapped About

What you are about to read are some first class rich people problems:

Jay Z and Beyonce have been trying to buy a mansion in the LA area for a couple of years now.

In 2014, they were outbid for a Beverly Hills home by Swedish Minecraft billionaire Markus “Notch” Persson, who paid $70 million for the abode.

Last year, they were forced to leave the mansion they were renting in LA because a buyer came in and paid more than they were willing to shell out for it.

In response to their West Coast "homelessness", the couple began renting the house of ex Dodger owner Frank McCourt on a one year lease at 150K a month.

That lease ends soon, so Hov and Bey just put a $49 million bid on another mansion in the neighborhood, only to be outbid by Tom Ford and his $50 million offer

Yes, Tom Ford from the Jay Z hit 'Tom Ford.'

We're betting Hov now regrets contributing to the fashion designer's net worth by promoting him in bars.