Who Bought The Most Expensive House In The World

2024 Author: Steven Freeman | [email protected]. Last modified: 2023-12-17 08:15

In 2015, the sale of the so-called “most expensive house in the world” caused a sensation for the lavish details of the 57-acre mansion, as well as for the mystery surrounding its sale: its buyer remained completely anonymous.

This weekend The New York Times revealed that the buyer of the "Chateau Louis XIV," which Fortune magazine has described as "the most expensive house in the world," was the crown prince of the Saudi throne, Mohammed Bin Salman.

The monarch who faces a strong campaign against corruption in his country paid far from the 17th century monarchist. However the interior of this lavish property has very modern interiors with lights, weather and fountains that can be controlled with a smartphone, as well as a movie theater and a wine cellar.

This purchase is just one of several bombastic acquisitions of this tycoon including a yacht of ra of this property was concealed by several shell companies in France and Luxembourg, who were eventually owned by Eight Investment Company, a firm led by the director of the personal foundation of the Prince.

As reported by CNBC, Bin Salman publicly leads a modernist drive in Saudi Arabia and has successfully cultivated an image as a radical reformer, poised to eradicate corruption. However, the revelation that he owns this huge property "could lead to allegations of hypocrisy as it currently demands that the Saudi Arabian elite adopt a less lavish lifestyle."