Media Mogul Byron Allen Buys $100 Million Malibu Mansion

Byron Allen is making a BIG move … because he just dropped nine figures on an oceanfront home … and it’s in the record books.

The billionaire TV mogul dropped $100 million on an 11,000-square-foot estate in Malibu … and the place is palatial.

Here’s what $100 mil buys in Malibu’s exclusive Paradise Cove enclave … a four-bedroom house with two guest houses and all the bells and whistles, including a home theater, tennis court, gym and yoga studio … all on a breathtaking, expansive lot.

Byron’s new digs sit on a bluff overlooking the Pacific, so the home has sweeping ocean views. The master suite has its own fireplace, bathroom, custom walk-in closets and private terrace.

There’s a winding path down to the beach … and Byron can hop in a golf cart if he doesn’t feel like walking to the coastline. He basically bought his own Malibu resort.

Byron’s adding to an already impressive real estate portfolio … we’re told it’s now worth $500 million … he has properties in Aspen, Beverly Hills, Maui and New York.

And, get this … it’s the most money an African American has ever spent on a home in the United States, with Byron toppling the prior record — $88 million Beyoncé and Jay-Z spent on their Bel-Air mansion.

Byron bought the place from the family who co-founded Public Storage, and his next-door neighbor is WhatsApp cofounder Jan Koum.