May 24, 2008
Mittal ‘buys world’s costliest home’ in UK
ust months after putting his £40-million house at Bishops Avenue on sale, Indian steel tycoon Lakshmi Mittal is said to have splurged £117 million to buy a new mansion here — making it possibly the world's costliest home.
Britain's richest man Mittal has purchased the palatial home on Kensington Palace Gardens, a street dubbed Billionaires' Row in West London, fully furnished and with an art collection for his 32-year-old son Aditya, leading tabloid 'The Sun' reported today.
However, according to the tabloid, Mittal — who moved into the half-mile, tree-lined private avenue four years back after paying £67 million for a 12-bedroom house — has denied buying the residence which works out at an astonishing £8,000 per square foot.
Mittal had recently put his 11-bedroom Summer Palace — one of Britain's most expensive homes — on Bishops Avenue on sale after one of his neighbours, the Barratt family, got approval from the civic authorities to build luxury apartments next door.
The 57-year-old world's largest steel maker, whose fortune is estimated at £51 billion, had earlier led an unsuccessful attempt to prevent the builder getting the permission from the local city council which outrightly rejected his appea
by erectusplus at 10:04 AM |
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