What will you do if you have huge amounts of money? Indulge in all sorts of luxuries that a normal personal would not even able to think of is one possibility. What is the best possible way through which the rich can show their riches? Owing expensive homes is one of the best ways to show off. In fact, having rich houses is not a luxury but a necessity for the rich. Another reason can also be that the best way the rich can make their money safe when the world economy is going through recession is to invest in real estate. In fact real estate is considered the safe haven for investments especially during recession. The property rates especially in the luxury sector are increasing drastically. Reports show that among the top 20 billionaires’ homes, there are only six homes which cost less than 100 million dollars and the least expensive of these homes was priced at 88 million dollars!!! It is also said that most of the buyers wish to remain anonymous and huge cash transactions are involved.
Now Let Us Look The Top Five Expensive Billionaires’ Homes Across The Globe:
One Hyde Park
This is one of the most expensive homes in the world and located in London. It sells at a whooping 237 million dollars. It is said that this place is owned by a Ukrainian. This same apartment held the previous record of highest rate which was 221 million dollars.
Kensington Palace Garden
The second most expensive billionaires’ home is again in London. It is a Neo-Georgian mansion is owned by the well know industrialist Lakshmi Mittal. The cost of this palace is estimated at 222 million dollars. It is located in London’s exclusive address which is called the Billionaires’ Row. It is also the high security areas due to the presence of a few ambassadors’ residencies.
The next most expensive billionaires’ home is in Sagaponack, New York which is the most posh area. The most striking feature of this property is that it has a power plant. It has 29 bedrooms and 3 swimming pools. The cost of this property is 248 million dollars.
This billionaires’ home is located in France. It is said that Villa Leopolda was built by King Leopolda the second for his mistresses which he was said to have in infinite numbers. The cost of this wonderful place is 750 million dollars. This Villa is set in an area of 20 acres. It is being said that a Russian Billionaire once tired to purchase this villa and also paid a deposit of 50 million euros but due to undisclosed reasons he backed out of the deal and also lost the deposit he made.
This place which is owned by an Indian Mukesh Ambani is estimated to be somewhere between 1 million dollars and 2 million dollars. This is located is Mumbai, India. The total area is about 4000000 square feet and has 27 floors. It has 3 helipads, 6 storied car parking which in the basement and is said to have – hold your breath – 600 hired staff to run this place!! Isn’t this how the billionaires’ live!!
Not everyone can afford to stay in such expensive homes but is you ever happen to visit these countries you can definitely see them!!