Beyonce and Jay Z done with L.A. after failing to sealed a house deal

Jay Z and Beyonce have scratched plans to get a wildly expensive pad in L.A. after losing out to an incredibly rich nerd in a ferocious bidding war, TMZ said.

According to TMZ who broke the story, Jay Z and Beyonce put an offer in on a sick Beverly Hills mansion...was revealed they were shy of $70 million. The couple were only several million off from sealing the deal. But former Minecraft mastermind Markus Persson swooped in and sealed the deal for $70M.

Mr. and Mrs. Z have told close friends in L.A. they really wanted that house and it's soured them on looking further. They looked before eyeing the property and found nothing they really liked.

See the full house they lost.