Saudi crown prince splashed £225m on world’s most expensive home - NewYorkTimes

Saudi crown prince splashed £225m on world’s most expensive home - NewYorkTimes
Sun Dec 17, 2017 08:30:38

The palatial property was bought by the crown prince who has been leading a corruption crackdown.

(TheSun) -- Mohammed bin Salman who is leading a corruption crackdown has been revealed as the buyer of "the world's most expensive home" - a £225million French Chateau.

The palatial property, which boasts a home cinema, indoor and outdoor pools, two ballrooms, a nightclub and a moat, was reportedly scouted by Kim Kardashian as a potential location for her lavish marriage to rapper Kanye West.

A New York Times investigation revealed a paper trail from the purchase of the extravagant castle leading to austerity promoting prince Mohammed bin Salman - the heir to the Saudi throne.

Chateau Louis XIV, which sits in a 57-acre landscaped park, was purchased by companies owned by Eight Investment Company - managed by the head of Salman's personal foundation.

At the time of its sale in 2015 the property was dubbed the "most expensive in the world" by Fortune magazine.

Despite leading a sweeping crackdown on corruption in Saudi Arabia, which has seen hundreds of the country's wealthiest individuals imprisoned in a five star hotel, the crown prince's expensive taste has seen a number of lavish purchases.

AP

In 2015 he bought a 440-foot yacht from a Russian businessman for the eye-watering reported sum of £300million.

He is also reported to be the buyer of Leonardo da Vinci’s Salvator Mundi, which sold last month for a record breaking £341million.

The prince has been splashing out while locking up Saudi's wealthy elite and demanding they cough up huge sums in return for their freedom.

(Photo: Chateau Louis XIV was reportedly purchased by the Saudi Prince for £225million in 2015, SWNS)

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