London known as one of the playgrounds of the super-rich, the capital had three fewer billionaires compared to last year, a fall of three per cent, but remains home to more than any other city in the world with 77.
The number of billionaires in Moscow, Los Angeles and Mumbai also declined, down 15 per cent, 12.5 per cent and 22 per cent respectively, according to figures from the latest Sunday Times Rich List.
Meanwhile, the number of Paris billionaires increased from 21 to 30 and in Beijing from 27 to 33.
77 Billionaires in London all based around the “Platinum Triangle” Mayfair, Knightsbridge and Belgravia
Sheikh Hamad bin Jassim bin Jaber al-Thani (Qatar)
Heidi Horton (Austria)
Sheikh Mohammed bin Rashid Al Maktoum (Dubai UAE)
Francois Henri Pinault (France)
Srichand and Gopichand Hinduja (India)
Roman Abramovich (Russia)
Alisher Usmanov (Russia)
Ernesto and Kirsty Bertarelli (Swiss)
John Fredriksen and family (Norway)
Charlene de Carvalho-Heineken and Michel de Carvalho(Dutch)
Carrie and Francois Perrodo (Singapore)
Joseph Lau and family (Hong Kong)
Idan Ofer (Israel)
London has been named the billionaire capital of western Europe, boasting a higher
number of “ultrahigh net worth individuals” than Paris and tax haven Geneva combined.
No Mansion would be under £10 million – the Billionaires usually make the UK their first home.
The billionaires lives in large family homes, they are mostly married and have an average 2.1 children.
There are more than 2,170 billionaires around the world, and their combined net worth
has more than doubled in just the last five years – up from £1.85 trillion to £3.88 trillion.
Mayfair, Park Lane and Grovenor Sqaure and Knihtsbridge on the right
London is first choice among the western European capitals, with 77 billionaires choosing
either a mansion in the “platinum triangle” formed by Mayfair, Knightsbridge and
Belgravia, or a palatial residence in leafy St Johns Wood or Regents Park.
Paris, meanwhile, has just 25 billionaires – and despite its reputation as a tax haven,
only 18 “ultrahigh net worth individuals” (UHNWI) choose to live in Geneva.
The French Riviera, Tuscany ,Marbella and Greek islands are the locations of their typical holiday homes.
In round figures 18 per cent of their wealth, are available in cash, with 42 per cent in private holdings, 35 per cent in publicly held
companies – and just three per cent in property.
Kensington Palace Gardens residents
The street is lit by very dim Victorian gaslight-style streetlights.
Current occupiers and residents include:
East side of Kensington Palace Gardens
1–3 — Demolished. Now a coach park on Bayswater Road.
4–5 — Embassy of Russia — consular department
6–7 — Embassy of Russia — chancery 51°30′25.49″N 0°11′26.71″W
8 — Block of 4 private apartments built in 1961–4, each on two floors. Past residents include Carole and Neville Conrad (Flat 3, 1996–2007) and reportedly Michael Grade as a child.
9 — Official residence of the High Commissioner from India
10 — Jonathan Hunt, founder of Foxtons, bought in 2005 for £14m, with plans for an underground extension under the back garden.
11 — Official residence of the Ambassador of France
12 — Saudi royal family – possibly Prince Abdul Aziz bin Fahd, who may also own 5 Palace Green.
12a — Embassy of Nepal. Built in 1863–5 by architect James Murray and gifted to the Nepalese in 1937 in appreciation of the Gurkhas. Rumoured in April 2013 as being considered for sale for £100m to £180m.
Residence of the Russian Ambassador
13 — Official residence of the Ambassador of Russia
14 — Official residence of the Ambassador of Finland
15 — Leonard Blavatnik (Double plot) Building completed in 1855 and first occupied by the Victorian merchant and philanthropist George Moore who moved in with his first wife Eliza Moore née Ray in 1856.
15b — Leonard Blavatnik
West side of Kensington Palace Gardens
18–19 Kensington palace gardens, residence of Lakshmi Mittal.
15a — Wang Jianlin, bought for £80 million in December 2015.
16 — Roman Abramovich. Said to have been bought in August 2011 for £90 million from hedge-fund manager Pierre Lagrange.
17 – Leased since 2008 from the Crown Estate by Joseph Hackmey, Israeli businessman and art collector, but occupied by Pierre Lagrange’s former wife Catherine Lagrange.
18–19 — Lakshmi Mittal. Purchased in 2004 for £77 million (US$128 million)—made it the world’s most expensive house at the time. Previous occupants: Baron de Reuter, founder of the news agency in the 1850s; John Leech, Punch artist; The de Rothschild family (early 1900s); The Free Poles (1939–45); David Khalili, art dealer(1995–2001); Bernie Ecclestone, Formula 1 chief (2001–2004). 51°30′25.41″N 0°11′29.80″W, Bird’s eye view
20 — Hassanal Bolkiah, Sultan of Brunei. The number eight can be seen on the roof, symbolizing the phrase Ba Shi Fa Cai (“the number eight brings prosperity”). 51°30′27.38″N 0°11′30.68″W
21 — Embassy of Lebanon
22 — Official residence of the Ambassador of Kuwait
23 — Official residence of the Ambassador of Japan
24 — Official residence of the Ambassador of Saudi Arabia
Embassy of Slovakia
1 Palace Green, designed by Philip Webb
25 —Embassy of Slovakia
26–30 — Embassy of the Czech Republic
1 — 1 Palace Green, built by architect Philip Webb in 1870 for George Howard, 9th Earl of Carlisle. Divided into apartments in 1957. Current residents: Nik Holford and others
2 — Embassy of Israel 51°30′11.24″N 0°11′22.43″W
3 — Residence of the late Hasib Sabbagh.
4 — Embassy of Romania 51°30′14.36″N 0°11′23.85″W
5 — Prince Abdul Aziz bin Fahd of Saudi Arabia (who may also own 12 Kensington Palace Gardens). Offered for sale for £100 million in July 2013.
6 — Lakshmi Mittal. Bought from Noam Gottesman, hedge-fund trader for £117 million, for the use of Mittal’s son, Aditya. Sale said to have later fallen through. In 2013 Mittal was reported to be seeking a buyer for the house for £120 million.
8 — Tamara Ecclestone. Bought in 2011 for £45 million, with a further £18 million spent on renovations.
9a — Lakshmi Mittal. Former building of Embassy of the Philippines. Mittal bought it for £70 million in 2008, for his daughter Vanisha. 51°30′18.81″N 0°11′26.71″W
10 — Official residence of the Ambassador of Norway.
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