Tuesday, February 26, 2008

Who?




Who is the owner of the world's most expensive house?


Lakshmi N Mittal


Chairman and CEO, of the LNM Group, has bought a central London house for a stunning price of £70 million ($128.25 US million).
The Non-Resident Indian steel magnate's new house has thus walked into the Guinness Book of Records as the world's most expensive house.
The previous record for the most expensive house was £62.7 million ($114.89 million) for a 1997 sale in Hong Kong. The 12-bedroom mansion located at the prestigious Kensington Palace Gardens has garage space for 20 cars. Bernie Ecclestone, the Formula One racing boss, who sold the house to Mittal, had bought it for his wife three years ago.
The Kensington Palace Gardens houses are dubbed Billionaires' Row. Nearby are Kensington Palace and the London home of the Sultan of Brunei. It is also close to Kensington Palace where Princess Diana lived.

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