Posted in Architecture, Buildings, Estate, News on 31 July 2009
Hear hear, recession has struck everyone hard, the rich included. We are referring to the richest man of Britain, steel magnate Lakshmi Mittal. Apparently, the man has had not succes in finding a buyer for a luxe home of his, which is why he had decided to rent out the property instead.
The plush estate is located in Hampstead in North London and goes by the name of Summer Palace. Experts calculated its price to be $65.5 million before the credit crunch hit. This is indeed a home fit for a king with 11 luxuriously decorated bedrooms with 12 complementing bathrooms. There are six reception rooms, a glass lift leading to the swimming pool plus a jacuzzi along side a steam room.
Posted in Furniture, Luxury, Worlds Most Expensive on 16 April 2009
Steel prices may be diving in the face of recession, but India-born steel tycoon Lakshmi Mittal is the world’s richest soccer club owner in the Forbes list of soccer billionaires, with a net worth of $19.3 billion, according to Forbes.
Mittal is followed closely by Amancio Ortega of Deportivo De La Coruna team with a net worth of $18.3 billion and Software giant Microsoft’s co-founder Paul Allen ($10.5 billion) ranked third.
Commenting about the top soccer 10 picked up from its list published in March, the American business publication said that while anybody could by a ticket to a soccer game, `these moguls own the teams on the field’.
Posted in Estate, News, Property, Worlds Most Expensive on 23 May 2008
Huh…Whilst the news about World’s most expensive flat and world’s most expensive apartment was still a haute topic and fortune favors those filthy rich industrialists who have no option but to ink more pricey deals and make up to the headlines. News is a London-based estate is set to sell for £117million; thereby earning the honor of being the world’s costliest home. The splendid residence located on a street dubbed Billionaires’ Row, is believed to be soon owned by the Britain’s richest man, steel tycoon Lakshmi Mittal.
Word is around that he would soon close exchanging contracts with owner Noam Gottesman, 47, a US-born financier. Four years ago, Mittal moved into the half-mile, tree-lined private avenue after dropping over £67million for a 12-bedroom home.
Via TheSun
