Lakshmi Mittal’s extra Kensington Palace Garden mansion for sale – and it’s a bargain

September 27, 2011 at 1:17 PM Leave a comment

This is a legacy post from the blog which is now maintained as an archive within the Zoopla blog. Links have been preserved.

Here at we’ve been keeping you abreast of  the various goings on in the über high-end property enclave that is London’s Kensington Palace Gardens.

Lakshmi Mittal’s mansion for sale is just across the road from the actual Kensington Palace Gardens

As regular readers will know, there’s been a lot to keep up to date with in billionaire’s row: we broke the story recently about Roman Abramovich buying a £90 million ex-spy house there.

But now comes the news, reported by the Daily Mail today, that Britain’s wealthiest man, the steel magnate Lakshmi Mittal, is keen to sell off one of his homes (yes, he actually has more than one) on Kensington Palace Gardens.

Mittal lives in another property on the same street, which he bought from Bernie Ecclestone in 2004.

Now, the steel magnate is reportedly so keen to sell the extra home he bought for £117 million from hedge fund millionaire Noam Gottesman in 2008 that he will consider any offer in excess of £100 million.

Oh, and no need to worry too much about wear and tear, the home has stood empty since Mittal bought it.

Entry filed under: Buying & Selling, Celebrity. Tags: , , , .

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