Barack Obama’s property value just went up.
Jeff Bezos recently purchased the largest house in Washington, D.C., according to the Washington Post. The founder of Amazon paid $23 million for the former Textile Mansion — a whoping 27,000 square-foot property — in cash.
He plans to convert it into a family home. (RELATED: The Swanky DC Mansion Where The Obamas Are Living Next)
Bezos, who also owns the Washington Post, will be living in the Kalorama neighborhood next door to Obama and Ivanka Trump, who both recently rented houses in the area.
“I won’t be leading The Washington Post day-to-day,” he said when he bought the Post in 2013.
“I am happily living in ‘the other Washington’ where I have a day job that I love. Besides that, The Post already has an excellent leadership team that knows much more about the news business than I do, and I’m extremely grateful to them for agreeing to stay on.” (RELATED: Ivanka Trump’s Swanky New Home In Washington)