It’s a royal flush! A French billionaire simply forked over a king’s ransom — $227 million — for a mansion he doesn’t even plan to dwell in.
Xavier Niel — a telecommunications billionaire and one of many richest males in France who began France’s first web supplier on the ripe outdated age of 25 — simply bought a Paris townhouse generally known as the Resort Lambert from Prince Abdullah bin Khalifa al-Thani of Qatar, in response to Bloomberg.
It had served as one of many prince’s personal residences and he had pour some $147 million into renovating the 43,000-square-foot property.
These renovations didn’t even embody the Prince’s provocative plans to construct an underground parking storage for his fancy fleet. Town put a kibosh on that when rumors of a automotive elevator began circulating.
Al-Thani bought from banker Baron Man de Rothschild for $90 million in 2007 — which means that every one advised he offered for a slight loss.
The Resort Lambert — “resort” on this case simply means “mansion” in French — dates again to 1640. It was designed by considered one of Louis XIV’s most beloved architects and a brainchild of Versailles, Louis Le Vau. It even boasts a gallery painted by Charles Le Brun, the French painter and visionary behind the flowery vaulted ceilings in Versailles’ most acknowledged room: the Corridor of Mirrors.
Positioned within the 4th arrondissement, the Resort Lambert is considered one of solely a handful of addresses on Île Saint-Louis — an unique island within the River Seine.
However regardless of virtually being neighbors with Notre-Dame, Niel has no plans to maneuver into his new digs. A supply says he’ll use it for his basis. With no different comparable listings available on the market, it could possibly be some time earlier than the Metropolis of Lights sees its subsequent $200 million transaction.
Christie’s, nonetheless, is at present hawking a mansion that comes with severe bragging rights: the one 50-foot-long personal indoor pool in Paris. ? Worth is on the market upon request. Irritating? Sure. However it’s one of the best ways to weed out us plebes.
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