NRI, Lakshmi Mitta, richest
Asian in the UK bought a house
for a price of 70 million pounds in London
LONDON, APRIL 11, 2004
NRI steel wizard Lakshmi Mittal, the richest Asian in the
UK has purchased a `Guinness Book Records-breaking central
London house for a record price of 70 million pounds. The
previous record was 62.7 million pounds for a 1997 sale in
This house is 12-bedroom house in the prestigious Kensington
Palace Gardensr and it has garage space for 20 cars. This manson
was sold by former Labour donor, Bernie Ecclestone, the Formula
One racing boss, who 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. According to the Sunday Times Rich List 2004, his worthis
an estimated 3.5 billion pounds