Most expensive billionaire homes in the world have been garnering more attention since 2010 when the top end trophy homes started coming back to the markets with staggering price tags. We had recently brought for you the list of most expensive cities for luxury real estate and the most expensive British home. The billionaire buying activity in the super luxury end of the real estate market has been intense in the last couple of years pushing the values further up. However the really expensive billionaire homes rarely come on the market as they are occupied by the people who find a place on top of the list of the richest people in the world. Here we bring for you a list of the top ten most expensive billionaire homes in the world.
Antilia, Mumbai India
Owner: Mukesh Ambani, worth $21.5 billion
Value: upward of $1 billion
Located in downtown Mumbai it is a twenty-seven story structure that provides 400,000-square foot of living space to its billionaire owner. The skyscraper residence is named after a mythical island in the Atlantic. The building boasts of six underground levels of parking, three helicopter pads, a ‘health’ level, and reportedly requires about 600 staff to run it. It is the world’s most expensive home by far with construction costs topping $1 billion.
Villa Leopolda, Villefranche-sur-mer, France
Owner: Lily Safra, worth $1.2 billion
It is a 20 acre estate consisting of a series of water front homes.King Leopold II reportedly had them built for his many mistresses. In 2008 the Russian billionaire Mikhail Prokhorov attempted to buy it and the estate was valued at 500 million Euros. He eventually pulled out of the deal, forfeiting a 50 million euro deposit.
Fair Field, Sagaponack, N.Y.
Owner: Ira Rennert, worth $6.5 billion
According to the tax assessment records for the year 2012 this property was valued at about $248 million. The billionaire home boasts of 29-bedrooms and 39-bathrooms and not one, but three swimming pools. For its power requirements it has its own power plant on premises
Kensington Palace Gardens, London, U.K.
Owner: Lakshmi Mittal, worth $16.5 billion
The steel magnate bought this property in 2008 for 117 million pounds ($222 million at the time). The Mittal family is believed to own three homes on the high-security street known as Billionaires Row, including a neo-Georgian mansion near the Israeli embassy. The home was purchased from hedge fund billionaire Noam Gottesman.
One Hyde Park, London, U.K.
Owner: Rinat Akhmetov, worth $15.4 billion
Known as Ukraine’s richest man, Rinat Akhmetov had bought the world’s most expensive apartment for $221 million in 2011. Located in posh Knightsbridge, the apartment boasts a staggering 25,000-square feet of living space. It is protected by bullet proof glass and has access to 24-hour hotel concierge service.
Ellison Estate, Woodside, Calif.
Owner: Larry Ellison, worth $43 billion
The founder of Oracle is known for his interest in real estate. He built this 23 acre estate in 2004 at an estimated cost of$200 million. The estate built in Japanese style consists of 10 buildings a manmade lake, a tea house, a bath house and a koi pond. However the current valuation of the estate is much lower than its cost of construction at around $70 million.
Kensington Palace Gardens, London, U.K.
Owner: Roman Abramovich, worth $10.2 billion
The Russian billionaire is known for his lavish lifestyle and extravagant purchases of real estate. He purchased the Kensington Palace Gardens in 2011 for 90 million pounds(about $140 million). He had since submitted plans to build a subterranean extension that includes a tennis court, health center and auto museum on the property. According to reports his plans have been approved by the city. The tycoon also owns other London estates including a mansion on Billionaires’ Row.
Blossom Estate, Palm Beach, Fla.
Owner: Ken Griffin, worth $4.1 billion
The hedge fund billionaire purchased four side-by-side properties totaling eight acres on the ocean for nearly $130 million in December 2012. Originally all these lots made up a single estate but was split later. Currently three lots have houses while the fourth was already torn down for redevelopment.
Xanadu 2.0, Seattle, Wash.
Owner: Bill Gates, worth $67 billion
The name of the property is rather appropriate high-tech Lake Washington complex that boasts a pool with an underwater music system, a 2,500- square foot gym and a library with domed reading room. The property owned by the world’s second richest man is currently valued at $120.5 million according to the latest tax assessment records.
Mountain Home Road, Woodside, Calif.
Owner: reportedly Masayoshi Son, worth $8.6 billion
The purchase of the house in 2012 for $117.5 million made it the most expensive home sale on record. The estate includes a 9,000-square foot neoclassical house, a 1,117-square foot colonnaded pool house, a detached library, a retreat building, a swimming pool, a tennis court and formal gardens.
Via: forbes
