According to a report, Jeff Bezos and Lauren Sánchez are spending $600,000 per month on renting a home in Malibu.

The 59-year-old Amazon founder and the 53-year-old former news anchor are paying a monthly rent of $600,000 to the renowned 66-year-old saxophonist for the lease of his 5,500-square-foot house in Malibu. 


Kenny G’s mansion, seen here, is close to one of Malibu’s most exclusive beaches, the Little Dume Beach.

According to the report, the newly engaged couple have been living at the property since March — when they’re not coasting the Mediterranean Sea on their $500 million mega-yacht. 

The saxophonist reportedly rented out his multimillion-dollar home without furniture.

Bezos has a reported net worth of more than $142 billion. He has reportedly spent $175 million of that fortune on a new home with Sánchez.

The 10-acre estate in Beverly Hills, Calif., is currently under construction while the pair travel the world together and reside temporarily in Kenny G’s lavish pad.

The couple got engaged while on vacation in the South of France.

The investor’s wallet also recently became about $2.5 million lighter when he proposed to his new fiancée with a 20-carat diamond ring.