Millionaire media mogul Byron Allen has snapped up a luxurious mansion overlooking the Pacific Ocean for a whopping $100 million — the most ever an African-American in the United States has spent on a home.The 11,000 square foot property in Malibu's coveted Paradise Cove enclave sits on a 3.5-acre lot on top of a bluff overlooking the ocean.It is located directly adjacent to a roughly $190million property owned by WhatsApp cofounder Jan Koum, and neighbors other famous residents like actress Halle Berry and venture capitalist Marc Andreessen.
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