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Carbon Beach, also known as "Billionaire's Beach," is a famous stretch of beachfront property located in Malibu, California. The beach got its nickname due to the high concentration of wealthy residents who own the multi-million dollar homes that line the shoreline.

The history of Carbon Beach dates back to the early 20th century when it was a relatively undeveloped stretch of coastline. However, in the 1920s, the area began to attract Hollywood celebrities who were looking for a secluded and picturesque location to build their beach homes. Some of the early residents of Carbon Beach included film stars such as Gloria Swanson, Harry Warner, and William Randolph Hearst.

Over the years, the area continued to attract wealthy residents who built increasingly luxurious homes on the beachfront. Today, Carbon Beach is home to some of the most expensive properties in the world, with many of the homes valued at tens of millions of dollars. The beach remains a popular destination for the rich and famous, as well as tourists who come to marvel at the luxurious homes and pristine coastline. However, the beach has also been the subject of controversy due to issues surrounding public access and coastal erosion.