Sunday, September 17, 2023

A bit of a steel

The Mittal family market one of their three “Billionaires Row” homes for £7 million less than they paid for it

 

One of the world’s richest men, Indian steel magnate Lakshmi Mittal paid £117 million in 2008 for No. 6 Palace Green in Kensington. He bought the property for his son, Aditya, from an Israeli-American banker named Noam Gottesman but is now selling the property for £110 million.

 

No. 6 Palace Green, which at times has been known as Westbury House and Hyderabad House, was designed by architects Read and MacDonald and built in red brick and Portland stone between 1909 and 1910. It has variously been owned by Louis Julius Reversbach, Lord Glendyne and HEH The Nizam of Hyderabad.

 

No. 6 Palace Green, Kensington, London, W8 4QA
No. 6 Palace Green, Kensington Palace Gardens, London, W8 4QA
The house has an outlook across Kensington Gardens and towards Kensington Palace
The house has an outlook across Kensington Gardens and towards Kensington Palace
The property's dining room
The property’s dining room
Aditya Mittal with his father Laskshmi Mittal and President George H. W. Bush and President William J. Clinton
Aditya Mittal with his father Lakshmi Mittal and President George H. W. Bush and President William J. Clinton

In 2004, Ross Clark of The Telegraph reported that it had been on the market at a price of offers in excess of £18 million for 18 months. In the article, the selling agent Peter Stevenette of DTZ Residential commented:

 

“We’ve had good interest in it, generally from private individuals wanting to use it as a home… But the market for houses of this type is limited. It was last occupied as a home two years ago”.

 

Aditya Mittal, chief financial officer of ArcelorMittal, and his wife, Megha, owner of the German fashion company Escada, supposedly never moved into the 12-bedroomed 14,736 square foot neo-classical Grade II listed house. According to the Evening Standard, it includes a special storage room for art, a flower room and a silver room. The first floor is entirely dedicated to the master bedroom quarters.

 

A planning application to make various internal alterations to the house and for the construction of a subterranean room and swimming pool was submitted to Kensington & Chelsea Council in August 2012.

 

For someone, no doubt, No. 6 Palace Green will indeed be a bit of a steel.

 

 

Subscribe to our free once daily email newsletter at: http://thesteepletimes.com/subscribe

The Steeple Times
The Steeple Times
We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

£1 per week Supports The Steeple Times

Help journalism to remain honest & independent. You can make a difference to the world today.

3,573FansLike
2,068FollowersFollow
16,683FollowersFollow
4,962SubscribersSubscribe

Subscribe For DAILY NEWS

Please subscribe, like and share this unique site, it helps us tremendously. The Steeple Times in return will send you an email at noon each and everyday, that we sincerely hope you will enjoy & look forward to seeing in your inbox.

AD
Advertisement

Trending Now

‘Comeback King’ Kevin Spacey – Actor Seeks To “Leave The Nonsense Behind”

As Kevin Spacey’s eccentric ‘friend’ Geoffrey Mark claims the “exonerated” actor will now “leave the nonsense behind” and begin his comeback, we remind of his friendships with ‘curious sorts’ including Prince Andrew, Jeffrey Epstein, Ghislaine Maxwell and Harvey Weinstein.

Summer Silly Season Stories 2023 – ‘The Steeple Times’ Is Back

Matthew Steeples highlights the stories he’s been following during the ‘silly season’ summer of 2023 – amongst them matters Ghislaine Maxwell and Rudy Giuliani and podcasts about ‘true crime’ as a genre.

Most Popular Articles

Was Mucky Minx Meghan Markle A ‘Yacht Girl’ For ‘Randy Andy’?

As author Kirby Sommers suggests that the then Meghan Markle likely spent time with Prince Andrew and Jeffrey Epstein before she met Prince Harry, we again highlight the mucky, murkiness and mendacious manner of this alleged “yacht girl.”

Most Liked...

Big Zuu (Birth Name – Zuhair Hassan)

Big Zuu Zuhair Hassan
A rapper and grime MC turned TV star of ‘Big Zuu’s Big Eats,’ Zuhair Hassan is an example of a youngster with infectious positivity and great talent. A modern-day Keith Floyd in the making.

Nasty NestSeekers

Nasty NestSeekers – Realtor turned alleged squatter Jonathan Davis – Entitled Hamptons brat Jonathan Davis exposed for allegedly squatting in a house in Sag Harbor owned by Paula Rosado during the coronavirus lockdown; it turns out he’s a realtor with NestSeekers.
Entitled Hamptons brat Jonathan Davis exposed for allegedly squatting in Sag Harbor during the coronavirus lockdown; it turns out he’s a realtor with NestSeekers.

SW3’s Smallest – Smallest Stand-Alone House In Chelsea For Sale For...

SW3’s Smallest – Smallest Stand-Alone House In Chelsea For Sale For Staggering Sum
Smallest stand-alone house in Chelsea for sale for 100% more than it was offered for in 2017; there’s barely room to swing a cat.

Cut The Conspiracy Claptrap – Crazy Theories About The Deaths Of...

Cut The Conspiracy Claptrap
Matthew Steeples suggests that the crazy conspiracy claptrap that has followed in the wake of the death of Her Majesty The Queen and the ongoing nonsense that circulates online about Jeffrey Epstein is exactly that; crazy claptrap.

Five of the Worst 2022 – Murder Houses Currently For Sale

Murder Houses Currently For Sale 2
‘The Steeple Times’ selects five houses currently for sale that previously were decked out with “police line do not cross” tape after murders occurred there.