Value: upward of $1 billion
The twenty-seven story, 400,000-square foot skyscraper residence, named after a mythical island in the Atlantic, has six underground levels of parking, three helicopter pads, a ‘health’ level, and reportedly requires about 600 staff to run it. It is the world’s most expensive home far and away with construction costs topping $1 billion. More after the cut....
Villa Leopolda, Villefranche-sur-mer, France
Price: 500 million euro ($750 million at the time) in 2008
King Leopold II reportedly built a series of waterside homes for his many mistresses. This 20-acre estate was valued at 500 million euros in 2008, when Russian billionaire Mikhail Prokhorov attempted to buy it. He eventually pulled out of the deal, forfeiting a 50 million euro deposit.
Fair Field, Sagaponack, N.Y.
Property value: about $248 million, according to 2012 tax assessments
The industrial billionaire’s hulking 29-bedroom, 39-bath Hamptons compound has not one, but three swimming pools, plus its own power plant on premises.
Kensington Palace Gardens, London, U.K.
Purchase Price: 117 million pounds ($222 million at the time) in 2008
The steel magnate is believed to own three homes on the high-security street known as Billionaires Row, including a neo-Georgian mansion near the Israeli embassy. The home (not pictured), rumored to have been purchased for Mittal’s son, was sold by hedge fund billionaire Noam Gottesman.
One Hyde Park, London, U.K.
Sale Price: $221 million in 2011
The world’s most expensive apartment, located in posh Knightsbridge, was purchased by the Ukraine’s richest man. It boasts a staggering 25,000-square feet, bullet proof glass and 24-hour hotel concierge service.
Ellison Estate, Woodside, Calif.
Value: estimated $200 million to construct
The Oracle founder, arguably the world’s most avid collector of real estate, built his 23-acre Japanese-style estate in 2004 with 10 buildings, a man made lake, a tea house, a bath house and a koi pond. The property is currently assessed at just over $70 million.
Kensington Palace Gardens, London, U.K.
Purchase Price: 90 million pounds (about $140 million) in 2011
The Russsian tycoon owns several huge London estates (not pictured), including a Billionaires’ Row mansion. Since purchasing, plans to build a subterranean extension that includes a tennis court, health center and auto museum were approved by the city. He also owns a French Riviera chateau and in 2009 spent a record $90 million on a 70-acre estate on St. Bart’s.
Blossom Estate, Palm Beach, Fla.
Total Purchase Price: nearly $130 million in December 2012
The hedge fund titan purchased four side-by-side properties totaling eight acres on the ocean. Three lots tout houses while the fourth was already torn down; the entire swath of property was once used as a single estate.
Xanadu 2.0, Seattle, Wash.
Market Value: $120.5 million, according to 2012 tax assessments
The high-tech Lake Washington complex owned by the world’s second-richest man boasts a pool with an underwater music system, a 2,500- square foot gym and a library with domed reading room.
Mountain Home Road, Woodside, Calif.
Purchase Price: $117.5 million in 2012
The most expensive home sale on record includes a 9,000-square foot neoclassical house, a 1,117-square foot colonnaded pool house, a detached library, a retreat building, a swimming pool, a tennis court and formal gardens.
Silicon Valley Mansion, Los Altos Hills, Calif.
Purchase Price: $100 million in 2011
Bought as a secondary home, the Facebook investor broke records with the recent purchase of a French chateaux-inspired limestone abode that touts indoor and outdoor pools, a ballroom and second-floor living areas that gaze out on San Francisco Bay.
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