Billionaire Leon Black Buys Historic London Home for $28.3M

Billionaire Leon Black Buys Historic London Home for $28.3M

Published: November 23, 2021 | By: American Luxury Staff

A historic residence in Belgravia, the distinguished London residential neighborhood that borders Westminster, recently found a new fan. The Grade II-listed property is situated on Eaton Square, one of the city’s most desirable corners. It had not been offered for sale in forty years when it changed hands this fall.

According to The Financial Times, the property’s new owner is Leon Black, the co-founder of Apollo Global Management. Black paid $28.3 million for the residence, which had been in the Ford family since the 1980s. Other former residents of the home include former Prime Minister Margaret Thatcher, who lived at the Blue Plaque address for a short period during the 1990s.

Accommodations at the address include a four-bedroom main residence and a two-bedroom mews house connected to it. Interior details included burled paneling and wainscoting, period chandeliers, and ornate moldings. The shared living areas include a large kitchen with a black and white tile floor, a formal dining room with dark green pattern wall covering, and three reception rooms. There are six bedrooms in all.

The property’s outdoor living space is a central courtyard. The home’s living spaces and bedrooms open to this primary amenity through folding glass panels and French doors, and it is accessed from the second-floor balcony by an outdoor spiral staircase.

Black’s other residential properties include a Beverly Hills compound he purchased from Tom Cruise in 2016 for around $40 million.

Black’s net worth is around $11 billion.

5750 November 23, 2021 Real Estate November 23, 2021