Tour 21 Of The World’s Most Expensive Billionaire Homes

Tour 21 Of The World’s Most Expensive Billionaire Homes

Billionaires have been trading multimillion-dollar real estate with tremendous zeal in recent years, slapping down record sums for trophy homes while quietly floating other properties in their portfolios through brokers in unofficial, off-market offerings. While the downturn paused activity in the super luxury end of the market, high net-worth buyers started fresh buying sprees in late 2010, trolling for high-end trophy property ‘bargains’ selling at markedly lower prices than their housing bubble heights or parking investment cash in prized pied-a-terres tucked inside the world’s most exclusive buildings. In fact, billionaire buying activity in the super luxury end of the world’s most expensive housing markets has been, according to a recent report from Savills, “so intense over the last seven years that it has led to a doubling of property values in this [super luxury housing] sector.”

Above: Villa Leopolda, Villefranche-sur-mer, France

  • Owner: Lily Safra, worth $1.2 billion
  • Price: 500 million euro ($750 million at the time) in 2008
  • King Leopold II reportedly built a series of waterside homes for his many mistresses. This 20-acre estate was valued at 500 million euros in 2008, when Russian billionaire Mikhail Prokhorov attempted to buy it. He eventually pulled out of the deal, forfeiting a 50 million euro deposit.

1-Antilia-Mumbai-India

Antilia, Mumbai, India

  • Owner: Mukesh Ambani, worth $21.5billion
  • Value: upward of $1 billion
  • The twenty-seven story, 400,000-square foot skyscraper residence, named after a mythical island in the Atlantic, has 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 far and away with construction costs topping $1 billion.

3-Fair-Field-Sagaponack-N-Y.

Fair Field, Sagaponack, N.Y.

  • Owner: Ira Rennert, worth $6.5 billion
  • Property value: about $248 million, according to 2012 tax assessments
  • The industrial billionaire’s hulking 29-bedroom, 39-bath Hamptons compound has not one, but three swimming pools, plus its own power plant on premises.

4-Kensington-Palace-Gardens-London-U.K.

Kensington Palace Gardens, London, U.K.

  • Owner: Lakshmi Mittal, worth $16.5 billion
  • Purchase Price: 117 million pounds ($222 million at the time) in 2008
  • The steel magnate 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 (not pictured), rumored to have been purchased for Mittal’s son, was sold by hedge fund billionaire Noam Gottesman.

5-One-Hyde-Park-London-U.K

One Hyde Park, London, U.K.

  • Owner: Rinat Akhmetov, worth $15.4 billion
  • Sale Price: $221 million in 2011
  • The world’s most expensive apartment, located in posh Knightsbridge, was purchased by the Ukraine’s richest man. It boasts a staggering 25,000-square feet, bullet proof glass and 24-hour hotel concierge service.

6-Ellison-Estate-Woodside-Calif.

Ellison Estate, Woodside, Calif.

  • Owner: Larry Ellison, worth $43 billion
  • Value: estimated $200 million to construct
  • The Oracle founder, arguably the world’s most avid collector of real estate, built his 23-acre Japanese-style estate in 2004 with 10 buildings, a man made lake, a tea house, a bath house and a koi pond. The property is currently assessed at just over $70 million.

14-Kensington-Palace-Gardens-London-U.K.

Kensington Palace Gardens, London, U.K.

  • Owner: Roman Abramovich, worth $10.2 billion
  • Purchase Price: 90 million pounds (about $140 million) in 2011
  • The Russsian tycoon owns several huge London estates (not pictured), including a Billionaires’ Row mansion. Since purchasing, plans to build a subterranean extension that includes a tennis court, health center and auto museum were approved by the city. He also owns a French Riviera chateau and in 2009 spent a record $90 million on a 70-acre estate on St. Bart’s.

9.-Blossom-Estate,-Palm-Beach,-Fla.

Blossom Estate, Palm Beach, Fla.

  • Owner: Ken Griffin, worth $4.1 billion
  • Total Purchase Price: nearly $130 million in December 2012
  • The hedge fund titan purchased four side-by-side properties totaling eight acres on the ocean. Three lots tout houses while the fourth was already torn down; the entire swath of property was once used as a single estate.

9-Xanadu-2.0-Seattle-Wash.

Xanadu 2.0, Seattle, Wash.

  • Owner: Bill Gates, worth $67 billion
  • Market Value: $120.5 million, according to 2012 tax assessments
  • The high-tech Lake Washington complex owned by the world’s second-richest man boasts a pool with an underwater music system, a 2,500- square foot gym and a library with domed reading room.

10-Mountain-Home-Road-Woodside-Calif.

Mountain Home Road, Woodside, Calif.

  • Owner: reportedly Masayoshi Son, worth $8.6 billion
  • Purchase Price: $117.5 million in 2012
  • The most expensive home sale on record 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.

11-Further-Lane-de-Menil-East-Hampton-N-Y.

Further Lane de Menil, East Hampton, N.Y.

  • Owner: Ron Baron, worth $1.6 billion
  • Purchase Price: $103 million in 2007
  • The investment guru snapped up more than 50 acres of undeveloped oceanfront Hamptons land during the market’s height with the intention of constructing his own home.

12-Silicon-Valley-Mansion-Los-Altos-Hills-Calif.

Silicon Valley Mansion, Los Altos Hills, Calif.

  • Owner: Yuri Milner, worth $1.1 billion
  • Purchase Price: $100 million in 2011
  • Bought as a secondary home, the Facebook investor broke records with the recent purchase of a French chateaux-inspired limestone abode that touts indoor and outdoor pools, a ballroom and second-floor living areas that gaze out on San Francisco Bay.

13-Broken-O-Ranch-Augusta-Mont.

Broken O Ranch, Augusta, Mont.

  • Owner: Stanley Kroenke, worth $5 billion
  • List Price: $132.5 million
  • Purchase Price: undisclosed
  • Thanks to state laws, the final sale price of this 124,000-acre operational ranch is undisclosed and unconfirmed. The estate boasts a 10,000-square foot main house with indoor pool, horse stables, nearly 4,500 heads of cattle, extensive water rights, and substantial agricultural capacity for small grain crops and alfalfa hay.

14-Kensington-Palace-Gardens-London-U.K.

Kensington Palace Gardens, London, U.K.

  • Owner: Tamara Ecclestone, daughter of Formula One billionaire Bernie Ecclestone
  • Purchase Price: 45 million pounds in 2011 (roughly $70 million)
  • Estimated Construction Costs:20 million pounds (about $30 million)The heiress has spent an estimated $98.7 million on a 55-room house (not pictured) on Billionaire’s Row factoring in renovations that include a $1 million Amazonian crystal bathtub, a private nightclub, a bowling alley, a subterranean swimming pool, a beauty salon, a dog spa and a car lift.

15-15-Central-Park-West-New-York-N.Y.

15 Central Park West, New York, N.Y.

  • Owner: Daniel Loeb, worth $1.5 billion
  • Purchase Price: $45 million in 2008
  • The hedge fund titan owns the coveted 10, 674-square foot penthouse on the very top of the exclusive Central Park-flanking high rise. It has been rumored to be for sale with an asking price of $100 million.

16-Kensington-Palace-Gardens-London-U.K.

Kensington Palace Gardens, London, U.K.

  • Owner: Lakshmi Mittal, worth $16.5 billion
  • Purchse Price: 57 million pounds in 2004 (nearly $90 million)
  • The Indian steel magnate picked up a 55,000-square foot mansion (not pictured) from billionaire Bernie Ecclestone and, after pouring millions more into its renovation, named it “Taj Mittal.” Located on Billionaires Row, it has 12 bedrooms, a pool and marble sourced from the same quarry as the Taj Mahal.

17-Maison-de-L'Amitie-Palm-Beach-Fla.

Maison de L’Amitie, Palm Beach, Fla.

  • Owner: Dmitry Rybolovlev, worth $9.1 billion
  • Purchase Price in 2008: $95 million
  • Originally listed for $125 million, the sprawling oceanfront 60,000-square foot compound, bought from real estate billionaire Donald Trump, includes diamond and gold fixtures and a garage with space for nearly 50 cars.

18-Promised-Land-Montecito-Calif.

Promised Land, Montecito, Calif.

  • Owner: Oprah Winfrey, worth $2.8 billion
  • Market Value: $88 million, according to 2012 tax assessments
  • Purchased in 2001 for nearly $52 million, the media queen’s 23,000-square-foot Georgian-style manse sits on more than 40 acres, boasting a tea house, more than 600 rose bushes and an upscale outhouse.

19-15-Central-Park-West-New-York-N.Y.

15 Central Park West, New York, N.Y.

  • Owner: Ekaterina Rybolovleva, daughter of billionaire Dmitry Rybolovlev
  • Purchase Price: $88 million in 2012
  • An LLC associated with the Russian heiress scooped up the Central Park-facing 6,744-square foot penthouse for the full asking price, less than six weeks after it came to market. At roughly $13,500 per square foot, it’s the most expensive sale by square foot ever in the U.S.

20-The-Manor-Los-Angeles-Calif

The Manor, Los Angeles, Calif.

  • Buyer: Petra Ecclestone, daughter of billionaire Bernie Ecclestone
  • Sale Price: $85 million in 2011
  • Originally listed for $150 million, the 56,500-square foot Holmby Hills mansion is stocked with every amenity imaginable including dog grooming room, five bars, a gift-wrapping room, a flower-cutting hall with professional florist fridge, and a bowling alley.

via Forbes

NestQuest Direct
[email protected]
No Comments

Post A Comment