Abramovich Plans London Palace
He's already rumored to be building the most expensive yacht in the world, now The Telegraph reports that Russian billionaire Roman Abramovich is working on a home that will be the most expensive private residence in Britain. The home in Knightsbridge, London will join two existing townhouses that are currently divided into apartments in Lowndes Square. The two-houses will be combined into one eight-bedroom home with a home theater, indoor swimming pool and steam room on eight stories total. The home is expected to be worth around £150 million when complete which actually makes it less expensive than the planned One Hyde Park Development. Abramovich will be keeping the classical exterior of the homes much the same but plans to rehab the interior in Russian opulence with the latest and greatest that money can buy.
