Home | Breaking News | FIT FOR A PRINCE Saudi royal heir splashed £225m on world’s most expensive home
Chateau Louis XIV was reportedly purchased by the Saudi Prince for £225million in 2015. The property has a moat filled with koi carp that can be watched from a viewing chamber. The property was dubbed the "most expensive home" ever in 2015. The French chateau is one of a number of extravagant purchases and The palatial castle sits in a 57-acre landscaped park

FIT FOR A PRINCE Saudi royal heir splashed £225m on world’s most expensive home

WT24 Desk

A SAUDI prince leading a corruption crackdown has been revealed as the buyer of “the world’s most expensive home” – a £225million French Chateau, The Sun reports.

The palatial property, which boasts a wine cellar, 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.

In 2015 he bought a 440-foot yacht from a Russian vodka tycoon 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.

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

Last month hundreds – including family of the prince – were reportedly held captive in the ballroom of Riyadh’s Ritz Carlton hotel surrounded by AK-47 wielding guards.

American officials tracking the situation said that as many as 500 people were rounded up in the early days of the anti-corruption sweep. Crown Prince Mohammed bin Salmam tightened his grip on power through the purge, which some saw as a political show of power.

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