“According to celebrity gossip juggernaut TMZ, uni-named superstars Jay-Z and Beyoncé have enrolled their three year old child in a pricey private school in Los Angeles and rented a newly built and thoroughly modern mansion in the high-toned Holmby Hills ‘hood at a discounted but still staggering $150,000 per month.

The children may recall the house-hunting couple — they allegedly lost out on the sexed-up, spec-built Beverly Hills house that Mincraft creator Markus Persson bought a couple of months ago for $70 million — briefly leased the gated and secured 1.32-acre estate last summer at a rate of $200,000 per month but — so the stories go — arranged for a significant discount by dealing directly with the home’s owner and signing a year-long lease.”

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