Hedge fund billionaire Ken Griffin has just bought one of the most expensive homes ever sold in London.
The founder of the hedge fund Citadel paid £95 million ($122 million) for 3 Carlton Gardens close to Buckingham Palace. It is the largest amount publically paid for a property in London since Lakshmi Mittal bought his house in Kensington Palace Gardens for £117 million ($150 million) a decade ago.
Citadel’s communication officer, Julie Andreeff Jensen, confirmed the purchase.
In October last year, property developer Nick Candy remortgaged his penthouse in London’s One Hyde Park for £160 million ($206 million), which made it London’s priciest valuation, though it did not change hands. He is now demanding £150,000 a week in rent, another record-breaker.
Read more from Forbes starting at ‘Why So Much?’ at…..American Billionaire Defies Brexit By Buying London’s Most Expensive House