As million dollar homes become more commonplace every day, it takes multi-million dollar homes bought by billionaires to really stand out. With 8 of the most expensive homes located in the US, the other 6 are found in India, France, and England, the latter boasting 4 of the 6.
The worth of these homes is based on a variety of factors including size, location, vistas, and extravagant amenities such as waterfalls, helipads and multiple swimming pools. If you hit a lottery jackpot, develop a world-altering drug or invent a better mousetrap, you might someday have enough for a down payment on one of these awesome abodes.
Renowned steel magnate Lakshmi Mittal, whose net worth is estimated at around $16.5 billion, bought this jewel for $222 million in 2008. He’s a home collector of sorts, reportedly the owner of three residences on a London street known as Billionaires’ Row. Being a generous father, Mittal bought one home for his son from seller Noam Gottesman, a well-known hedge fund billionaire.
Designated by Forbes magazine as the world’s most expensive home at a value of approximately $1 billion, owner Mukesh Ambani‘s personal worth is estimated at $21.5 billion, so he’s not stressing over the mortgage payments. The home is built up instead of out, with 400,000 square feet spread over 27 unique stories. Its name, Antilia, comes from a mythical island in the Atlantic Ocean, and features such as 6 underground parking levels, and a health level with gyms, lap pool, solarium and juice bar. No wonder it takes around 600 staff members to keep the residence running smoothly.
Expertly managed hedge funds seem to be a good source of excessive wealth as Ken Griffin used some of his earnings to buy 8 contiguous acres of 4 ocean-front properties next to each other that were formerly one massive estate. Griffin made the $130 million purchase back in 2012, which barely dented his $4.1 billion net worth.
Uber expensive real estate isn’t limited to successful males. Tamara Ecclestone, daughter of Formula One billionaire Bernie Ecclestone, got her piece of the exclusive Kensington Palace Gardens for only $70 million in 2011. Of course, after she added some personal touches like a $1 million Amazonian crystal bathtub, a spa for her dogs, a private bowling alley, and a subterranean swimming pool, the value of the 55 room mansion soared.
King Leopold II was very generous with his multitude of mistresses. Between 1929 and 1931, he purportedly built several waterside homes for them on a sprawling 20-acre estate in the French Riviera. Brazilian philanthropist Lily Safra, whose net worth is around $1.2 billion, purchased the home, rumored to be the second most expensive home in the world, for $750 million in 2008.
Rinat Akhmetov, hailed as the richest person in Ukraine with a net worth of $15.4 billion, bought the world’s priciest apartment in the luxurious Knightsbridge district of Hyde Park in 2011 for $221 million. Among the distinctive amenities of the posh 25,000 square foot home are a 24-hour hotel concierge service and bulletproof glass all around. Safety is quite expensive across the pond.
The guy who’s probably posted the most Likes on Facebook is Yuri Milner, whose net worth of $1.1 billion is the result of his savvy investments, including social media phenom Facebook.
With sweeping vistas of the San Francisco Bay, his French chateau style mansion in Los Alto Hills, which set him back $100 million in 2011, has both an indoor and outdoor pool and a sprawling ballroom for special celebrations.
Industrialist Ira Rennert, net worth around $6.5 billion, picked up this New York palace for a mere $248 million. The Hampton’s manor is ideal for huge family reunions with 29 bedrooms and 39 baths and guests can choose among 3 swimming pools to relax in. Keeping the estate up and running won’t burden Con Ed; there’s a self-sufficient power plant on-site.
Larry Ellison made his fortune as the founder and CEO of Oracle, a multinational computer technology corporation that has boosted his net worth to $43 billion. Ellison spent about $200 million in 2004 to have his estate built on a 23 acre parcel just outside San Francisco. The Japanese-style 10 building spread includes a tea house, bath house, koi pond and manmade lake and is valued at a little over $70 million.
Another Billionaires’ Row homeowner, Russian magnate Roman Abramovich owns a variety of swanky London homes, easy to do with an estimated net worth of $10.2 billion. Augmentations to his Kensington spread approved by the city include a health center, automobile museum and tennis court, upgrades that will significantly increase the value of the property Abramovich bought for about $140 million in 2011.
Microsoft founder and philanthropist Bill Gates has a net worth of around $67 billion, which consistently keeps him among the 5 wealthiest people in the world. Not surprisingly, his Seattle home Xanadu is a high-tech showcase valued at over $120 million in 2012. Besides housing an impressive library with a domed reading room and a 2500 square-foot gym for working out in style, the mansion on Lake Washington has a pool with an underwater music system.
Multi-billionaire Dmitry Rybolovlev negotiated a deal with real estate tycoon Donald Trump in 2008 to buy Trump’s garish ocean front Palm Beach mansion for $95 million. No word on whether he left the diamond and gold fixtures intact or utilizes the 50-car garage but with 60,000 square feet of house, Rybolovlev had nearly infinite options.
Oprah and Stedman might owe their apparently peaceful relationship to not stepping on one another’s toes in the icon’s 23,000 square foot estate that sits on 40 acres. The Georgian architectural style home has a freestanding tea house for quiet reflection, 600 rose bushes that fill the air with sweet fragrance, and one of the world’s most fashionable outhouses. Oprah, whose estimated net worth is about $2.8 billion, received an $88 million assessment of her home in 2012.