Mittal buying London’s costliest house for son
The palatial residence, on a street dubbed Billionaires’ Row, is
believed to have been bought by Britain’s richest man, steel tycoon
Lakshmi Mittal. He is believed to be close to exchanging contracts with
owner Noam Gottesman, a US-born financier. The home in Kensington
Palace Gardens, West London, Princess Diana’s former street, is being
sold furnished and with an art collection. It works out at an
astonishing £8,000 per square foot. Mr Mittal, who denies being the
buyer, has been looking to splurge some of his £27.7billion fortune on
a home for son Aditya, 32. Mr Mittal moved into the half-mile,
tree-lined private avenue four years ago after paying £67million for a
12-bedroom home. His new pad pips the £115 million previous record –
paid in March for a flat being built in nearby St James’s Square.
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