February 5, 2016
Forbes has ranked 20 of the World’s Most Expensive Billionaire Homes and the locations and price tags are amazing. In recent years, billionaires have been trading multi-million dollar real estate paying record sums for trophy home quietly selling some of their other properties quietly through brokers. According to a recent report from Savills, a global real estate services provider, the super luxury end of the world’s most expensive housing market has been ‘so intense over the last seven years that it has led to a doubling of property values in this super luxury housing sector’.
The billionaire homes that made the list have property values based on last purchase price or previous tax assessments. Read More
Check out the billionaire homes that made the list.
A 27-story skyscraper residence in Mumbai, India is ranked as the world’s most expensive home. With construction costs that topped over $1 billion, it has three helicopter pads and requires 600 staff to run the residence.
Palm Beach, Florida makes the list of most expensive billionaire homes two times with Blossom Estate ($130M) and Maison del L’Amitie ($95M).
Other properties are located in Villefranche-sur-mer, France ($750M); Sagaponack, NY ($248M); Kensington Palace Gardens, London ($222M); Hyde Park, London ($221M); Woodside, CA ($200M); Kensington Palace Gardens, London ($140M); Bill Gates’ home in Seattle, WA ($120.5M); Woodside, CA ($117.5M); Ron Baron’s home in East Hampton, NY ($103M); Facebook investor Yuri Milner’s home in Los Altos Hills, CA ($100M); Augusta, MT ($132.5M); Kensington Palace Gardens, London ($70M); New York, NY ($45M); Kensington Palace Gardens, London ($90M); Oprah Winfrey’s home in Montecito, CA ($88M); New York, NY ($88M); and Los Angeles, CA ($85M).
Randy Ely and Nicholas Malinosky; the #1 Luxury Team in the Beach Area.