 Ecclestone Sets Record in House Sale Sunday April 11th, 2004
Ecclestone sold his house in London's Kensington neighbourhood for £75 million (UKP) - the highest price paid for a house in history. The Guinness Book of Records lists a property sold for £60 million in Hong Kong in 1997, as the most expensive house previously. Ecclestone had to settle for 'just' £75 million, having put the house on the market last summer with an asking price of £85 million. Ecclestone himself, however, purchased the house less than 3 years ago, for £50 million. The 12-bedroom mansion was purchased by Indian-born steel billionaire Lakshmi Mittal. The five-storey mansion is based next door to Kensington Palace in London and boasts a host of luxurious features. The house has eight lavish suites - all with their own bedroom, bathroom, dressing room and sitting room. There is also a large dining room, complete with crystal chandelier, a ballroom and an oak panelled picture gallery. Ecclestone himself, along with his wife Slavica and his two daughters, has never lived in the Kensington mansion.
Published at 02:47:38 GMT
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F1 supremo Bernie Ecclestone will go into the record books if for no other reason than to be remembered as the man who sold the most expensive house ever.
(03-11-2005): 
