Billonaire pays $70 million cash for L.A mansion.

The billionaire creator of the computer game Minecraft has reportedly won a bidding war for a Beverly Hills mansion which Beyonce and Jay Z had their eyes on.

The music stars viewed the eight-bedroom property, which boasts stunning views of Los Angeles and Malibu Beach, around half a dozen times and had made an offer, according to sources.
But Swedish programmer Markus "Notch" Persson has snapped up the 23,000 sq-ft property for $70m (£57m). Persson, who sold his company Mojang to Microsoft for $2.5bn (£2bn), reportedly paid for the house in cash and closed the deal in just six days.

Persson is a member of Sweden's Mensa and also makes electronic music. He was previously married but the relationship ended in 2012.
The 35-year-old won the Special Award at the Game Bafta awards in 2012.
Minecraft allows players to build constructions out of textured cubes in a 3D generated world. It is one of the best-selling video games of all time.