The worlds richest are only getting richer. One thing about the majority of them is that they are relatively unknown. Most maintain a low profile, and it is only the very curious amongst us who get to how the world’s richest people live. There are some, however, whose homes are common knowledge. For example, we all know that the Queen of England owns the Buckingham Palace. But, do you know, for instance, who owns the 27-story home in Mumbai, India? Not likely!
Top 10 millionaire home, selected from around the globe.
In this article, we provided you with a complete list of the world’s most expensive residences. We have hunted for their locations, and we provide you with information about the homes and their rich owners. Some of these homes are steeped in rich history. Some of the big names in history have occupied them and called them home at one time or the other. Others, however, have been built from the ground up in recent times. Investors like Bill Gates, Ira Rennert and other top-notch CEOs have built palaces that are worth millions – and sometimes billions – of dollars.
10. 17 KENSINGTON PALACE GARDENS, LONDON ($90 MILLION)
The property seats on a very prestigious part of town. This location is commonly referred to as the Billionaires’ Row’’. Roman Abramovich owns this home. Abramovich is the super-rich owner of Chelsea football club. He also owns Millhouse Limited and is worth well over $7.5 billion. The ’Billionaires’ Row’’ is home to other high fliers in the society. The likes of Leonard Blavatnik and Lakshmi Mittal live in this tree-lined area. In fact, Blavatnik’s own property is a massive 55,000 sq. ft., has a Turkish bath, ballroom, picture gallery and 12 king-sized bedrooms.
The Number 17 Kensington Palace is in the process of renovation. Once complete, the $90 million property will feature a health center, a tennis court, and a car showroom.
9. XANADU 2.0 COMPOUND, MEDINA ($125 MILLION)
Bill Gates owns this home. Bill Gates is the Founder and CEO of the world’s biggest software company, Microsoft. This makes him one of the richest men who ever lived. Indeed, several authorities have listed him as the world’s wealthiest man for a number of years. He currently holds the record for the richest man in America.
Bill Gates’ Xanadu 2.0 home is an enormous 66,000 square feet in size. Upon its construction in 1994, the home was valued at $63.4 million. Today, this home is worth an astonishing $125 million! The home sits on a pristine area of Washington.
This kingly home is a marvel in the use of technology in home construction. It features futuristic elements throughout the 18.75 bath, 7 bedrooms home. It has advanced sensor systems that automatically adjust the lighting and room temperature as the visitor would prefer, in each room they move through. It also features an amazing swimming pool that is over 60 feet long. The amazing thing about it is that it plays the music of your choice from under the water. The house has wide computer screens that allow you to see the artwork of your choice. These high definition screens that change what they display, depending on your taste, have not been featured in any other home in the world.
All this is made possible by the special electronic pin that every person in the house wears. The pin is able to decode and communicate to the various gadgets your preference in almost anything in the house. Your experience in the home is thus enhanced. Talk of taking full advantage of technology! Indeed everything about Bill Gates’ palace might have as well been taken out of a futuristic sci-fi movie.
Other features include a gym that is over 2,500 square feet, a reception hall measuring a massive 2,300 feet, a 2,100 sq. ft. library and an undethe rground garage that is well over 6,000 square feet.
Overlooking the Lake Washington, the home came at a cost to Bill Gates. He spent over 14 million dollars to give it his signature touch. It also took up to 7 years to complete it. Bill Gates named this home after the lead character in “Citizen Kane’’.
8. 17 Upper Phillimore Gardens ($130 million)
Our second millionaire home is in London. In a city with limited space, owning a 10 bedrooms home is no mean feat. This is one home is rich in tastes. It is expensively decorated in marble and gold. The daughter of Olena Pinchuk, the former Ukrainian President, owns the palatial home. She is also the founder and CEO of the Anti-Aids foundation, a charity NGO that she set up to help Ukraine deal with the AIDS pandemic.
The rooms and the compound have extensive, well-decorated developments. In fact, Pinchuk’s daughter did not spare any expense when it came to putting up the cinema, the pool, the gym and – of all things – a panic room!
7. HEARST CASTLE ($191 MILLION)
The Hearst Castle is found in San Simeon, California. It is owned by the newsmaker William Randolph Hearst. William Randolph Hearst is credited with the creation of Citizen Kane. As the name suggests, the Hearst Castle is indeed a castle in every respect of the word. It has become part of California State Park System. Indeed, you can pay it a visit, as it is open to members of the public on select days.
6. PALAZZO DI AMORE, CALIFORNIA ($200 MILLION)
This property is located in Beverly Hills. The super-rich real estate magnate, Jaffe Greene, owns it. He has advertised this property for sale, and the asking price is a heart-stopping $195 million. In fact, experts opine that the property could be worth much more than this – in the region of $200 million! So, what makes this property so expensive?
The Palazzo Di Amore comprises 55,000 sq. ft. of prime space. It is built Mediterranean style, making it a rare building on this part of the globe. What is more, the home has 12 king-sized bedrooms, a fully furnished theater, a bowling alley, 23 bathrooms, reflecting pools, a swimming pool, a 27-car garage, a tennis court, and waterfalls. What a marvel!
But that’s not all. The property can be hired for special events. One can hold a party of up to 1,000 people on the property. The gardens are vast, and your guests can walk around the floating walkways. Wine is produced on the property, so you do not have to worry about that.
5. 18-19 KENSINGTON PALACE GARDENS ($222 MILLION)
This yet another property that is located in the ’Billionaires Row’’, in London. It sits on two properties but is counted as one. The Indian steel magnate Lakshmi Mittal bought this property in 2004 from Bernie Ecclestone for $90 million. The home has since risen in value as a result of the many developments that Mittal has done on it. The owner fondly refers to the home as his ’Taj Mittal’’- a clever pun on his name. Mittal spent a considerable amount of cash to spruce the Kensington Palace just as he wanted it. He used marble from the same source as the marble used for the Taj Mahal.
The number 18-19 Kensington Palace Gardens has all the features of a super-rich man’s home, in addition to a 20-vehicle garage.
4. FOUR FAIRFIELD POND, NEW YORK ($250 MILLION)
At over 110,000 sq. Ft., this is one of the biggest homes on the globe. It is located in Sagaponack, New York. It sits on over 63 acres of predestine land. It has its own power plant that provides energy to the 29 bedrooms 3 swimming pools, an orangery, a 165-seater theater, a bowling alley, a basketball court and 30 bathrooms. The home is owned by Ira Rennert, a dollar billionaire who runs the Renco Group. Ira Rennert is into mining, motor vehicle manufacturing, and smelting. His personal net worth is well over $6.5 billion.
The construction of the Four Fairfield Pond was steeped in controversy. In fact, Rennert’s family could not move into their new home until 2004, when a court decision ruled in his favor. The crux of the matter was that his neighbors opposed the construction of the compound citing that its construction would negatively affect their welfare. They instituted legal proceedings against Ira Rennert in 1998, and it was not until 6 years later that the matter was resolved. Rennert was allowed to continue with the project, but the Town of Southampton decided never to allow the construction of homes bigger than 20,000 ft.
3. Villa La Leopolda ($750 million)
This is one of the millionaire homes with a rich history – even though it is mostly dark history. It was built by the 19th Century Belgian king Leopold II. The Villa Leopolda’s dark history stems from the original owner’s cruelty towards the people from Congo, Africa. Being in a Belgian colony, the Congolese became the subjects of King Leopold by default. However, he treated them with a cruelty that is quite unrivaled throughout history. He bequeathed the villa to one of his numerous mistresses.
Edmond Safra bought the property in 1998. He died of fire burns in 1999, after some arsonists attacked his neighbor’s property, and he was caught in the ensuing melee. The property was then left to his wife, the Brazilian investor and philanthropist Lily Safra. It sits on a whopping 50 acres. It has, amongst other features, a huge guesthouse, an outdoor kitchen, a massive swimming pool; an industrial-sized greenhouse and a helipad. Lily Safra and her Lebanese husband did most of the improvements on the property. Lily Safra is the current owner of this property.
With over 14 bathrooms and 11 bedrooms, this 50-acre property that was built in 1902 is worth well over $750 million dollars in current Market prices. In fact, when the Russian “money man” Mikhail Prokhorov attempted to purchase it in 2008, he was shocked by its valuation of $725 million. The Villa Leopold has served as the location for a number of movies, including the 1955 Hitchcock flick ” To Catch a Thief”.
2. ANTILIA, MUMBAI ($1 BILLION)
Antilia is a 27-story building built by Mukesh Ambani as his personal home. Ambani owns Reliance Industries, a company that deals in materials and energy. He is also heavily involved in cryptocurrency trading. The home is located on Altamount Road – one of the most expensive locations in Mumbai, India. The 400,000 sq. ft. the home was completed in 2012, and Mukesh Ambani moved into it together with his wife and three children. He named his home after an island in the Pacific Ocean.
The home was designed and built by Perkins and Will of Chicago. It comprises of 3 helipads, a temple, a health center, guest suites, a 50-seater home theater, gardens and a 168- car garage. It is run by not less than 600 staff. This personal skyscraper counts as the most expensive of all millionaire home.
1. BUCKINGHAM PALACE, ENGLAND ($1.55 BILLION)
This is one of the more famous millionaire homes in the world. It was built in 1703 as the home for the Duke of Buckingham. King George II acquired the property and bequeathed it to his. It thus got the name �the Queens House’. It became the official home of the reigning king/queen in the 1800s. Queen Victoria was its first official occupant as the reigning monarch.
With well over 700 rooms, the Buckingham Palace is valued ate a princely 1.5 billion US dollars. It is one of the most photographed millionaire home.
There you have it! That is our list of well-researched top ten millionaire home. You will notice that most of the rich tend to live – and build – around the same locations. That is one reason why when you get one millionaire home somewhere, you are likely to get another rich fellow living somewhere in the vicinity. Such is life. So, go ahead and review the list once more. Who knows, maybe one day you will feature in it!